Energy retailer tells more than 70,000 customers to go elsewhere or face doubling of prices

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Energy retailer tells more than 70,000 customers to go elsewhere or face doubling of prices
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ReAmped Energy chief executive says he would rather people were ‘getting better deals’ amid soaring wholesale prices

“This could get nastier than it already is,” Tony Wood, a senior energy analyst at the Grattan Institute, said. Retailers and some large industrial users who had been buying from the spot market or who had only limited hedging strategies “would be in deep shit”.

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