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AGL's energy consumer churn remained stable at 15.7% (a decrease of 0.1 ppts from 15.8% in FY24). AGL's churn was also 4.3 percentage points lower than the rest of the market churn, driven in part by our multi-service offerings and Netflix partnership which helped drive strong customer retention through differentiated value propositions.

Notes

Churn is defined as a completed transfer of a customer to a competing retailer.

Churn figures relate to residential and small business energy customers and do not include commercial and industrial customers or Southern Phone Company customers.

Rest of Market churn refers to churn that takes place in the energy market excluding churn from AGL.

Data excludes Ovo Energy Australia.