Ausgrid

Well, it's on the front page of the Telegraph today.

Ausgrid, or should that be Ausgreed.

The electricity giant's executives have just handed themselves a 30% pay rise, taking executive pay from $15 million to almost $20 million at Ausgrid.

And meanwhile, New South Wales electricity customers have been hit with almost a 10% increase in network charges.

Despite the lowering in wholesale electricity charges, the retail charges are still going upwards.

Ausgrid has also made billions from its corporate interest, including the $3 billion sale of its smart meter business, while its workers are looking at an average pay rise of just 3.5%.

And these executives take a 30% pay rise.

Now, the Greens are calling them the Ausgrid fat cat, saying the money should be going towards lowering bills and improving the network.

Northern Beaches, we've got a lot of mansions as well, big houses, big pools, EVs, you know, all of that.

They're challenging, but for your average household, you know, we can get the usage down to zero and you would need a bit more than zero to get the credits back for those service fees that, you know, the Ausgrid are charging.

And now those little buggers are whacking the service fees up fairly high, isn't it?

They are.

So there's no scary surprises at the other end.

Customer will then pay the deposit.

Once the deposit is paid, we then go down the road of applying to Ausgrid for connection and basically you know acquiring all the gear that's required for that job and um they then go into the queue we try to keep our lead time sort of to two to three weeks that can change um of course like it did just back in the battery boom where we were sitting somewhere around 12 weeks but um normally we like to keep it around sort of three to four weeks and um have it installed they get it installed i think what we do which is very unique After it's been installed, it's not just put the battery in.

We actually have got a customer success department.

So it's further proof the world's gone mad.

Matthew Benz reports the bosses at Ausgrid have given themselves a 30% pay rise while increasing charges imposed on their customers who are struggling to pay their electricity bills.

Why are we not surprised? And look, here's some really positive news.

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I'm never going to get in the way of a man's ability to raise a dollar, defeat his family.

I love the fact that we have an executive class in this country But Ausgrid, seriously, read the room, people.

Should we read the front? We

have got a front page of the Daily Telegraph, the Journal of Record, the People's Paper saying, Champagne-quaffing bosses at Ausgrid have given themselves a 30% pay rise on the back of bumper profits while increasing charges to electricity customers by 10%.

What's inflation? What's inflation at the moment? So if the cameras can just come to me, I just want to quickly have a word with the Ausgrid executives.

Are there any vacancies? Because I can make myself available.

Yeah, I do feel I do feel that they have missed.

And, of course, there was plenty of damage around Sydney as well.

Ausgrid is issuing a warning to us.

There have been several real-life incidents lately whereby Ausgrid crews have had to intervene to protect the public.

Now, one saw an off-duty employee come across a fire sparked by a whole voltage power line fall.

Someone was trying to put it out.

Could have been very dangerous.

And then you add to that the wind and we do get storms at this time of the year.

Matthew Sweeting is Ausgrid's General Manager of Safety.