How embedded networks and early collaboration are shaping sustainable strata communities
In today’s fast-moving world of residential and strata developments, Humenergy believes environmental sustainability goals that once felt ambitious are now not only possible but financially rewarding.
Through our collaboration with Mosaic Property Group, we’re helping drive smarter energy management in multi-residential communities via embedded networks.
Red Tape reducing the power to choose a better way
While the popularity of embedded electricity networks is increasing, there remains a big stumbling block to greater adoption of this innovative energy supply solution.
Red tape makes the approval process more complicated and longer than it needs to be. The Australian Energy Regulator (AER) should redesign its approval process to be more efficient and supportive of the benefits of ENs as currently applications can take 18 months to two years to complete.
The new Default Market Offer explained
The new Default Market Offer (DMO) for electricity prices has been confirmed and comes into effect on 1 July 2025.
In brief, rises will be highest in New South Wales and lower in south-east Queensland and South Australia. Broken down into a weekly increase we’re looking at between $1.37 and $4.38.
Embedded networks can lock in fixed-rate contracts for longer periods, providing more price stability and certainty for customers compared to the volatility of the DMO-based retail market.
Installations for stratas are expected to reduce costs upwards of $150,000
Increases in electricity costs effective July 2017 have affected all business’ and body corporates. Unfortunately, the increases in electricity cost’s are not set to reduce anytime soon. Meaning energy reduction solutions are becoming a must for SMB’s and body corporates.