Through our Embedded Network partners tenants enjoy more competitive rates for electricity while building owners generate income from on-selling.
Building owners also enjoy the reduced cost of common area and other electricity expenses.
- Evaluation & Feasibility
- Planning & Implementation
- Customer Support & Billing
We provide both a complete installation process and an ongoing service as an energy on-seller for new and existing sites. Without an embedded network, the supply of electricity to tenants involves a distribution network for supply of electricity to an individual and a meter on that individual’s building.
Today, more and more customers have the ability to choose their electricity retailer. The role of the retailer is to source electricity on the customer’s behalf and invoice the customer for the electricity used as well as the transmission through the distributor’s network. At a multiple tenancy site, each tenant may be charged separately. Because each tenancy requires its own connection to the local distribution network, each tenancy will have its own individual meter on the network boundary.
With on-selling, an intermediary supplier (usually the owner or manager of a building) will purchase electricity to meet the needs of all participating tenants and common areas in the building. This allows the intermediary supplier to sell the electricity to tenants and collect the revenue (known as ‘on-selling’).
The intermediary supplier is now known as an ‘embedded network operator’.
An embedded network is the building’s network of wiring and meters required to distribute electricity from the main supply point to tenants and common areas. The network is installed, owned and operated by the building owner, and not by the distributor.
The entire building is now supplied through one connection to the local distribution network and is metered by a parent meter located on the network boundary. The building’s embedded network pays for the supply of electricity at this point as one account.
Instead of each tenant needing their own contract with the distributor and retailer, they deal directly with the building owner as a distributor and retailer. Each tenancy is metered with NMI approved automatic meter reading technology, and is individually charged for their electricity usage.
Besides revenue from on-selling, there are many benefits to establishing an embedded network.
- It can rationalise the initial costs of electricity installation and connection.
- It can reduce the cost of establishing utilities for a site.
- Electricity can be supplied more efficiently.
- Embedded networks can incur less network and service costs.
How can we help?
At every stage, we can be relied upon to provide more value and more service. We have the experience, the expertise and the power to deliver.
Stage 1 – Evaluation & Feasibility
We begin each project with a thorough assessment, including both a physical evaluation of the site and a financial feasibility study. This determines what the network requirements are, if any upgrades or additional works are required and what we believe expected costs and profits would be for our clients.
Stage 2 – Planning & Implementation
We always ensure that tenants are properly informed about their change of electricity supplier, about the savings they will soon enjoy and about the high level of service we will provide. We take care of everything, from paperwork such as energy connection agreements and regulatory approvals, to the installation of meters and upgrading of switchboards
Stage 3 – Customer Support & Billing
We look after the administration of meter reading, account details, billing collection and profit distribution to our contracted partners. We also maintain meters and electrical equipment on site to ensure everything is always running at its best