Saving developers’ time and money from concept design to construction, benefiting tenants and body corporates, providing lower utility rates, and even leaving behind a clean, green footprint for the environment may sound too good to be true, but it isn’t.
Embedded networks utilise traditional building infrastructure to deliver utility services to end users, whilst creating ongoing income streams that can benefit building owners, building managers, residents and tenants.
Benefits for property developers
For developers who develop and move on from each building, embedded networks can reduce capital costs, as we'll supply and install the infrastructure for the embedded network.
The embedded network structure can provide an ongoing income stream to the owners corporation, which can result in lower building management fees for purchasers. This provides the developer with an attractive marketing differential.
Additionally, as buildings begin to age and require attention, the ongoing income stream can also help subsidise maintenance, so property purchasers benefit directly from reduced ongoing owners corporation fees.
For developers who build, retain and manage a site, the embedded network structure can provide an incremental revenue stream and resulting yield for the site.
Benefits for end users
Electricity embedded networks create a building-centric buying group which can provide attractive rates to end users in comparison to most traditional service providers.
Because embedded networks create a buying group that buys energy at wholesale rates, the group can also pass those savings on, offering attractive rates to tenants and residents.
Suitable settings for embedded networks include:
- Apartment buildings
- Retirement villages
- Gated residential communities
- Shopping centres
- Commercial towers
- Business parks