INDIA NEWS
LOCAL COVERAGE
Electricity Pricing Class Action
P
iper Alderman is preparing to file a State-wide class action targeting electricity prices in the Qld region of the National Electricity Market. The action will seek to recover compensation for all electricity consumers in Queensland. Any Queensland-based business or individual who has consumed electricity between August 2014 and December 2019 could be reimbursed a proportion of their electricity costs by joining the action. Any business or individual who purchased electricity in Queensland at any time between August 2014 and December 2019 are invited to visit www. QLDEnergyClassAction.com.au to obtain more information and to register their claim. There is no cost to register. This action is financed by LCM. There is no risk to participate in the action. LCM carries all of the costs and risks of this action. Claimants do not have to locate their electricity bills before they can register for the action. After registering, we may ask you for the name of your electricity provider(s) from the last 6 years, your electricity account number(s) and an estimate of your annual electricity spend. Other than providing that information in due course, there is nothing
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further for you to do but await the outcome of the action. Registration in the class action is confidential and any participation will remain anonymous throughout the litigation. Piper Alderman will take every step possible to ensure your claim remains anonymous. If we are ordered to file a list of claimants with the Court, we will contact every claimant beforehand giving them the option of opting out or continuing with the claim. Greg Whyte, Litigation Partner of Piper Alderman in Brisbane said, “This case is about abuse of market power. I believe the wholesale cost of electricity has been illegally manipulated to drive up the prices paid by all Queensland businesses and consumers since 2014. It’s had a devastating effect on the Queensland economy. We are trying to stop that behaviour and recoup the losses that illegal conduct has caused. For businesses. For Queenslanders.” About Piper Alderman Piper Alderman is a full-service, commercial law firm with offices in Sydney, Melbourne, Brisbane and Adelaide. The firm is committed to continual excellence in the practice of law and works with clients across Australia and internationally
Courtesy Energy Magazine to achieve optimum legal and commercial solutions. For more information please visit http://www.piperalderman.com. au/ About LCM Litigation Capital Management
Limited (“LCM”) is a leading international provider of litigation funding solutions. LCM has been in business since 1998 and was one of the first litigation funders in Australia. For more information please visit www.lcmfinance.com
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Contact Person Kat Gieras, Litigation Group Project Coordinator of Piper Alderman kgieras@piperalderman.com.au, 07 3220 7765
AUGUST 2020
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