02/04/2026
An Open Letter from the Co-CEOs of Voltex
We're Holding Your Prices Steady
The war in the Middle East is hitting us all. Fuel's up. Shipping costs into Australia are climbing. Copper & plastic prices have spiked. Our costs are going up steeply.
But here's the thing: we're not passing that straight through; we’ve made the decision to take a hit.
We know you're already juggling higher fuel costs, interest rates squeezing your cash flow, and rising living expenses. We also know that when everyone bumps their prices overnight, it lands on you and your customers.
There are only two products impossible to fully absorb our end. On these we'll only pass on half our increased costs. These increases we’ll need to pass on will be 3% on TPS Cable and 15% on Corrugated Conduit/Fittings. Effective May 1st.
So, we're holding all other prices steady until at least June 30th. No increases. We're on your side through this.
That said, if things get worse between now and then, we'll need to revisit after June 30. But our goal is no price rise at all, and we're going to do everything we can to make that stick.
Keep going. We've got you.
Thanks for your ongoing support and trust in Voltex.
- From the Co-CEOs of Voltex
https://voltexelectrical.com.au/t-hub.aspx?p=were-holding-your-prices-steady
