Introduction to Energy Action (ASX:EAX)
Energy Action Group (ASX: EAX) is rare among environmentally positive equities in that it is profitable and is able to pay regular dividends. It was listed on the ASX in October 2011 at $1.00 per share. EAX provides energy retrofitting services to government and private organisations. It also owns the Australian Energy Exchange where energy retailers bid to provide the best energy prices to organisations and those organisations are able to re-sell excess energy already contracted. Both services provide substantial savings to their customers and have environmental benefits.
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