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Electricity FAQ

What Happens If Your Energy Retailer Goes Bust or Shuts Down

If your retailer fails, the lights stay on. Here is how the Retailer of Last Resort scheme moves you, what you will pay and what happens to money you are owed.

Checked against regulator sources, October 2026

What happens, step by step

  1. The AER issues a RoLR notice

    It happens when a retailer is suspended from the wholesale market, becomes insolvent or loses its authorisation.

  2. You are moved automatically

    Customers transfer to the designated retailer for their network, usually a large retailer such as AGL, Origin or EnergyAustralia. You do not need to do anything.

  3. The new retailer contacts you

    In the Maximum Energy case, the AER said to expect contact by mail within about five weeks.

  4. You get a final bill from the old retailer

    You still owe the old retailer, or its administrator, for power used before the transfer.

Prices, credits and payments

What happens to your account
Your new priceThe new retailer's standing offer. If you do nothing, you move onto its standard contract after three months.
Direct debit and CentrepayCheck they have stopped with the old retailer, and set them up again with the new one.
Credit on your accountMust be refunded, but if the old retailer goes into liquidation you may get some or none of it.
Security depositMust be refunded, less any unpaid energy.
Payment planContinues with the old retailer for what you owed at the failure date.
Solar feed-in creditsCredits owed before the failure must be paid. The new retailer pays its own feed-in tariff from the transfer.
DisputesRaise them with the old retailer or administrator, then your energy ombudsman.
AER, Retailer of Last Resort FAQs for Maximum Energy customers, August 2024.

Compare straight away

Standing offers are rarely the cheapest option. Compare plans on Energy Made Easy or Victorian Energy Compare as soon as you are transferred. See how to compare plans.

Recent retailer failures

Retailer of Last Resort events since 2022
RetailerNoticeNote
ZEN EnergyJuly 2026Large business customers only
Maximum EnergyAugust 2024Customers in SA and Victoria
Sanctuary EnergyJune 2023
Mojo Power and QEnergyJune 2023
Elysian EnergySeptember 2022
Social EnergyAugust 2022
Mojo Power EastJuly 2022
Power ClubJuly 2022
Enova EnergyJune 2022
Weston EnergyMay 2022
Pooled EnergyMay 2022
AER, Retailer of Last Resort notices.

Eight of the eleven notices were issued in 2022. See electricity retailers for who supplies each state.

Common questions

No. Under the Retailer of Last Resort scheme, the AER transfers you to another retailer and your supply continues without interruption.

The designated retailer of last resort for your network, named in the AER's notice. In recent events these were large retailers such as AGL, Origin Energy and EnergyAustralia.

Possibly. Households and small businesses go onto the new retailer's standing offer, which may cost more than the market plan you had. Ask the new retailer for a market offer, or compare and switch.

The failed retailer must apply it to your final bill and refund the rest, but if it goes into liquidation you may get some or none of the money back.

No. You can switch to any retailer at any time, and the transfer happens in the usual time.

Call the new retailer urgently, even if your old retailer knew. You will need medical confirmation so they can register you and tell your network.

Sources

Every rate on this page comes from the regulator or the regulated retailer. Last checked October 2026. Prices include GST unless we say otherwise.