Saxon Closes its doors

The board of Peter Sachs Industries Pty Ltd ( Saxon ) has recently announced that the company has been placed into voluntary liquidation and have appointed Worrells. As of the 14th of June 2011, they are no longer trading.

The Peter Sachs Industries Board considers that this action has been taken as a result of the rapidly declining profitability and market for its solar water heater products.

This action is a result of the combination of growth in electricity-generating photovoltaic electric solar panels and the reduced value of Renewable Energy Certificates now known as STCs.

Effectively straight away MPAQ is unable to recognize Saxon Rebate Vouchers from members for payment of their MPAQ account.

Our hot water repair team continues to offer repairs and maintenance to the Saxon range.