With the continuous increase in energy prices, a lot of building owners and managers are searching for strategies to decrease their expenses while keeping up top-notch services for their tenants. An increasingly popular solution over recent years is the shift to an embedded network.
An embedded network is a private electricity network that is installed within a building or complex. This network is separate from the main grid and allows building owners and managers to purchase electricity at wholesale prices and distribute it to their tenants. Here are some reasons why switching to an embedded network could benefit your building:
By purchasing electricity at wholesale prices, building owners and managers can save a significant amount of money on their energy bills. These savings can be passed on to tenants in the form of reduced electricity costs.
Embedded networks allow building owners and managers to install energy-efficient technologies, such as LED lighting, solar panels, and battery storage, which can further reduce energy costs.
With an embedded network, building owners and managers have greater control over energy consumption and distribution. This can help reduce the risk of power outages and ensure that energy is distributed fairly among tenants.
Embedded networks can be customized to meet the specific needs of a building or complex. This means that building owners and managers can offer tailored packages that meet the unique needs of their tenants.
In addition to electricity, embedded networks can also offer additional services such as air conditioning, hot water systems, and broadband internet services. This can provide tenants with a comprehensive range of services that are tailored to their needs.
Embedded networks can help buildings reduce their carbon footprint by promoting the use of renewable energy technologies such as solar panels and battery storage.
Embedded networks can be managed by a dedicated network manager, who can take care of all the technical aspects of the network, including maintenance, repairs, and upgrades. Silver Asset Services is an accredited embedded network manager. Our accreditation by the AEMO means that we are able to manage all aspects of this role on behalf of your Body Corporate. This can save building owners and managers a significant amount of time and money.
Switching to an embedded network can provide many benefits for building owners, managers, and tenants. With lower energy costs, increased energy efficiency, better control, customisable packages, additional services, improved sustainability, and easy management, it’s no wonder why more and more buildings are making the switch.
If you’re interested in learning more about embedded networks and how they can benefit your building Contact Silver Asset Services today.