Energy Watch Facing ACCC Court Action Over False Claims
Energy Watch assesses a household’s energy costs and consumption and advises customers on whether they can get a better deal elsewhere.
Polis claims that the ACCC does not understand how the business operates.
According to the ACCC the company broadcast the information through a range of media, including on scoreboards during AFL matches.
“We’ve also been investigated recently by other energy bodies and those sorts of things who have got no issue with the way our business works,” he said.
“And I think the ACCC at this stage needs to have more of a clarification how our business works. They’ve made quite a few assumptions that are not true.
“One of the things that I find quite ironic is that Energy Watch has been built to create competition between energy retailers and obviously the ACCC is there to promote competition.”
Mr Polis says Energy Watch has saved consumers over $50 million since its inception and the company has driven down electricity prices.
The matter has been filed in the Federal Court in Melbourne.