• About
  • Advertise
  • Subscribe
  • Contact
  • Events
Saturday, May 24, 2025
Newsletter
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
Home

ActewAGL forecasts job losses

by Utility Journalist
May 21, 2015
in Company news, Electricity, News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

ActewAGL has announced its proposed number of job losses as a result of the AER’s final decision on the ACT’s electricity distribution network.

ActewAGL Chief Executive Officer, Michael Costello said, “the AER’s decision, especially the 36 percent cut to our operating expenditure, will have a major impact on ActewAGL and its staff. This continues to be an extremely difficult time for our people and our organisation.

“To operate within the AER’s final decision, a total of about 83 positions will be made redundant.

“From our Networks area, about 66 positions will be made redundant. This reduction will be evenly split across field and office positions, which includes management, engineering and administration.

“From our Corporate area, about 17 positions will be made redundant, which as a percentage matches the Networks job losses.

“The AER backdated the decision to 1 July last year and failed to fund the cost of redundancies. The cost of redundancies will add further millions to the cuts already required by the nominal 36 percent reduction.

“The owners have accepted that they will have to absorb any additional cost coming out of their profits, which have already been reduced by about $90m over five years. They did so to ensure the network can operate safely for its employees and the public.

“There is a considerable amount of work to do to prepare the new proposed structures and this work is still continuing.

“Our customers need to understand that the AER’s decision to slash our operating expenditure will mean we can no longer operate and maintain our network to continue to deliver the most reliable electricity supply in Australia.

Customers can expect more blackouts that last longer plus slower response times but we won’t compromise safety for our staff or the community.

“All this for the sake of a saving of $1 a week for a typical Canberra household.

“We will also challenge the AER’s final decision at the Australian Competition Tribunal and the Federal Court.

“After careful consideration, we have made a decision to continue the apprenticeship program most likely in 2017 but definitely in 2018.

ActewAGL has a long history of employing apprentices and it’s pleasing that we will be able to continue to train apprentices in the future.”

Related Posts

AWA National Water Awards

South East Water celebrates AWA recognition

by Sarah MacNamara
May 23, 2025

The Australian Water Association has shone a spotlight on South East Water at OzWater’25, with two of the utility’s projects...

Mernda Community Garden’s Bernie Warner. Image: Yarra Valley Water

YVW boosting community irrigation

by Sarah MacNamara
May 23, 2025

A popular community garden in Mernda that has been at risk of running out of water during prolonged dry periods...

Matthew Harris, Gordon Naley and Tiarnee Lester, have made the leap from interns to employees at WA’s regional energy provider. Image: Horizon Power

Horizon Power interns energise industry

by Sarah MacNamara
May 23, 2025

Western Australia’s energy sector has gained three new passionate employees, thanks to an internship program linking Aboriginal university students to...

Read our magazine

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Utility is the title of choice for decision makers at all levels of water and energy utilities, as well as other major players like consulting engineers and first-tier contractors. Utility is integrated across print and online, and explores the biggest news and issues across the utility industry. It is Australia’s only dedicated utility magazine, and covers all areas of the utility sector, including water and sewer, gas, electricity, communications and the NBN.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Utility

  • About
  • Advertise
  • Subscribe
  • Contact
  • Digital magazine
  • Events
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Water
  • Electricity
  • Projects
  • Water and Wastewater Treatment
  • Spotlight
  • Civil Construction
  • Renewable Energy

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
  • About
  • Advertise
  • Subscribe
  • Contact

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited