Embedded Network is the infrastructure, such as cabling, switchboards and metering, that allows utilities such as electricity, gas and water to be purchased in bulk for a property and supplied through one connection from a distribution network.
Savant Energy provides embedded networks in multi-tenant facilities such as apartment buildings, retirement villages, office buildings and shopping centres.
Savant Energy may work with a developer to install or retrofit an embedded network, but can also manage the entire process. We supply the utility through the infrastructure, collect the revenue and pay for the energy use as one account.
Because Savant Energy is able to purchase in bulk at a more competitive rate the savings can be handed on to tenants and owners.
We also manage customer inquiries through our dedicated Australian-based customer service centre.
The development or implementation of an Embedded Network delivers:
- Cost-effectiveness with pricing for small to medium clients that energy retailers cannot normally match
- Reduced energy costs for tenants and common areas with what is really a bulk discount from the electricity supplier
- Cost savings for property developers. Potential increased income for property owners
- Simple billing and contractual arrangements without ongoing renewals.
The purchase of electricity, as well the distribution and transmission charges to get the electricity to a premises, are volume based.
Traditional Networks where individual tenants have direct supply agreements with a conventional electricity retailer, the volume of power purchased is generally low and no efficiencies are achieved.
However, if all the electricity purchased for the site by the tenants is aggregated, there can be significant cost savings based on the higher volume.
For more information regarding electricity customers in embedded networks visit the Australian Energy Regulator (AER) website.
- Savant Energy is licenced by the Australian Energy Regulator
- Savant Energy has an Australian-based Customer Service Team
- Savant Energy provides key account managers and a direct contact in case of emergency 24/7
Savant Energy is responsible for purchasing electricity, meter reading, billing, and payment, and providing the embedded network in accordance with the requirements of the Australian Energy Regulator (AER), which ensures every tenant is afforded the freedom to choose their own electricity retailer.
An embedded bulk hot water network can be installed into new buildings or retro-fitted into an existing system.
An embedded bulk hot water network creates a user pays system for water heating. Hot water consumption is measured individually for each tenancy and the energy required to heat the quantity of water used by the by the tenant is charged accordingly.
Most multi-tenant facilities manage the on selling of gas by incorporating this cost in the strata fee. This can mean higher strata fees for the building’s occupants and can even affect the sale of apartments or individual living units in the building.
Savant Energy manages wholesale gas contracts, ensuring tenants and common areas are receiving the best pricing. Handing over the management to Savant Energy will also reduce the workload for strata managers and ultimately it can lower strata fees.
In multi-tenant facilities cold water costs are normally split equally across tenancies, regardless of individual consumption. Savant Energy can implement individual water metering for a fairer user-pays system.
Savant Energy is able to work with building developers or body corporate managers to have individual meters installed, and works with community corporation and body corporate managers to read the individual meters for each tenancy, and manage the billing and collection process.
With Savant Energy managing the whole process it eases the management load for strata and corporate managers and that can be reflected in lower strata fees.
Savant Energy is always willing to work with its partners and clients to help find the best energy option and a realistic electricity reduction strategy.
Savant Energy knows energy can be complex, so the advice needed to establish an embedded network, taking into account all variables, from network cost and access constraints to tariff structures and supply arrangements, is readily given.
As experts in energy cost structures, Savant Energy’s knowledge of how power is charged, network tariffs, energy efficiency, government funding and embedded networks allows us, ensures we understand your energy profile before mapping cost reduction alternatives.