An embedded network is the required infrastructure established to realise the benefits of the bulk purchase of electricity.
There are two types of Embedded Network opportunities known as a Greenfields or Brownfields site:
A Greenfield site is a new site under construction where the design and setup of an Embedded Network has been considered and adopted. The meters installed at such a location will be done before power is connected and the site is ready to operate as an Embedded Network from day one.
Embedded networks in Greenfield developments provide the following benefits:
- Reduced power connection costs to the site
- Reduction in builder’s power costs
- Allows electrical contractors full control of service connection, without waiting for network providers.
- Metering is supplied and installed by a qualified installer when required by the builder, avoiding project delays.
Plan Energy work with the builder to ensure smooth transition of power to the tenant, avoiding delays in either disconnection or reconnection of power to the tenancy. A Brownfield site is a project that needs to be converted into an Embedded Network.
This is an existing site that has been operating under the normal tenancy metering and common services arrangement. Both setups have the ability to provide benefits to the owner but have different complexities regarding the installation of metering.
Benefits
Embedded networks facilitate the energy on-selling process whereby energy is purchased at a discount at the gate meter and sold to the tenants within the network, again at a discounted rate, creating:
- Increased competition
- Improved return on assets
- Cost reduction for tenants
- Excellence in service delivery, faster for tenants without waiting for the local network provider
- Interval smart meters give tenants a better understanding of their energy consumption
- More comprehensive energy management
- Surplus available to fund infrastructure maintenance and upgrade
- Reduced ongoing non-recoverable costs in common areas
- Improved return on assets
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