But AGL’s chief executive,Graeme Hunt,returned fire on Friday afternoon,slamming Cannon-Brookes’ commentary as “out-of-touch,undeliverable,and irresponsible nonsense.”
“Mike Cannon-Brookes’ lack of expertise and understanding when it comes to the Australian energy market,the reality facing energy customers,and the pressures of the real world,is betrayed by this out-of-touch proposal today,” he told theHeraldand theAge.
“What about renters? What about marginalised Australians? What about people who simply don’t want to change their appliances and cars? Will they be forced to participate under this scheme?”
However,amid the escalating war of words,a Grok spokeswoman said AGL’s interpretation of the loan provision was incorrect. The reference to $100,000 of capital expenditures,it said,was based on a CSIRO andRewiring Australia estimate of “all assets to electrify the average residential home.”