Flow Systems Pty Ltd (Administrators Appointed) - authorised electricity retailer

Sector: 
Segment: 
Status: 
Category: 
Authorised retailer
Notice status: 
Current notice
Commencement date: 
14 June 2017
Effective date: 
28 September 2017
Applicant/s: 
  • Flow Systems Pty Ltd / ACN 136 272 298
Location: 
Registered business address
Suite 2, Level 40 259 George Street
Sydney, NSW 2000
Australia

Overview

On 28 September 2017, the Australian Energy Regulator (AER) accepted an application from Flow Systems Pty Ltd (Flow Systems) for an electricity retailer authorisation under the National Energy Retail Law (Retail Law). Flow Systems is now authorised to retail electricity as and when the Retail Law is adopted in each participating jurisdiction.

The AER sought submissions from interested stakeholders. Consultation on the application closed on 14 July 2017. One confidential submission was received.

Administrators Appointed

On 20 December 2018, Christopher Clarke Hill and Philip Patrick Carter were appointed as voluntary administrators to Flow Systems.  The appointment of an insolvency official is a Retailer of Last Resort (RoLR) event under section 122 of the Retail Law. 

The AER has issued a RoLR Notice under section 136 of the Retail Law. The RoLR notice sets out details of the RoLR event.

The AER has decided not to revoke Flow Systems' retailer authorisation at this stage.