Snowy Hydro
Energy
Commonwealth Government-owned corporation managing the Snowy Mountains Scheme.

Overall

Owned AUS
Rating C-
About the Ratings
Snowy Hydro Ltd
AUS

Company Assessment

(Last updated Sep 2025)
Snowy Hydro Ltd
Information
Fined $475k for hardship breaches
In 2025 Red Energy paid seven infringement notices totalling $474,600 issued by the Australian Energy Regulator (AER) for allegedly removing hardship and payment plan protections from consumers when they moved house.
Fined $254k for overcharging customers
In 2023 Red Energy paid $254,436 in penalties for allegedly communicating incorrect best offer information to 30,982 customers, including customers who were on concessions and payment assistance, over a two-week period in 2022. Red Energy also allegedly failed to provide 15 customers with any best offer information on their bills within prescribed timeframes, over a period of three years (2019-2022).
3.5/5 in Green Electricity Guide
The 2022 Greenpeace Green Electricity Guide ranked 47 Australian electricity retailers based on their environmental credentials, assessing factors like renewable energy provision, commitment to ending coal use by 2030, halting fossil fuel expansion, support for new renewable energy, and transparency. This provider was rated just outside the top tier with 3.5 stars: "often buys their electricity straight from the open market, which is dominated by coal, and aren't moving quickly enough to transition to renewable energy."
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Company Details

Type:
State-owned enterprise
Founded:
1949
Revenue:
3.5 billion AUD (2022)
Employees:
1,726 (2022)

Contact Details

Address:
Cooma, NSW, Australia
Phone:
02 6453 2888
Website:
www.snowyhydro.com.au

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