Australia’s first community owned energy retailer, Enova, has been placed in voluntary administration.
In an email sent to customers, the company said the energy crisis affecting Australia’s east coast had an “unbearable” effect on the company’s ability to operate.
The company focuses on providing energy from renewable sources.
About half of its energy supply is purchased from its customers’ rooftop solar, while the other half is typically provided by Victorian-based retailer Diamond Energy.
But…