Owing to the substantial consumption resulting from numerous residences, strata title communities can buy electricity in bulk from their chosen provider on a single bill (one bulk bill).
Innovation in the digital realm, including the emergence of smartphones, social media, and various technological advancements, has led to a significant transformation within the energy industry over the past decade.
What might be the future outlook for the energy industry?
Sustainability
It is widely acknowledged that sustainable energy has become an increasingly prominent topic of discussion in recent years.
In Australia, the growth of renewable energy is occurring at a rate that is ten times faster than the global average on a per capita basis.
During the period spanning from 2018 through the present year, Australia has succeeded in installing over 16 gigawatts of wind and solar energy, signifying a noteworthy milestone in the country’s sustainable energy initiative.
This growth in renewable energy adoption per capita is ten times faster than the global average, highlighting the country’s dedication to a more sustainable future.
Powering Australia’s Plan will see a Labour government lift the share of low-cost renewables in the National Electricity Market to 82% by 2030.
Innovation
In the current digital age, the proliferation of mobile applications has become ubiquitous.
It is now possible to seamlessly order food, transport, flights, and manage telecommunications accounts among a host of other things.
As businesses across various sectors embrace this trend, it is only a matter of time before the majority of players in the energy industry follow suit and launch their own mobile applications.
Electric Transport
The use of electric cars is rapidly gaining popularity across Australia, with an increasing number of charging stations being installed in new developments.
This shift towards environmentally friendly vehicles is also accompanied by advancements in autonomous vehicle technology.
As several companies are investing in the development of self-driving cars, we can expect significant progress in this field.
If your building is looking for a company who can work with them now and into the future, click here to contact Silver Asset Services today to see how much your Bodies Corporate could save on their current electricity offerings.
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