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Jason Waters says the energy sector is facing some significant challenges. Photo: Attila Csaszar

Synergy loss as gas, power sales fall

State-owned power generator and retailer Synergy has recorded a loss of $12.6 million for the 2017 financial year on the back of lower sales revenue and a large impairment due to the early closure of its generation capacity.

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South Perth
What happened to the power utility that I already paid for, along with my parents and their parents before that? Now I par rent on my own asset that has been corporatised without my consent. The privatisation/corporatisation concept is broken or was a lie in the first place? Give me back my power utility.

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Total revenue

1st-Gold Corporation$18.85bn
2nd↑Synergy$3.10bn
3rd↑Water Corporation$2.55bn
4th↓GESB$2.14bn
5th-Western Power$1.78bn
29 state government businesses ranked by total revenue - this year

Number of Employees

State Government Businesses

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