About Northwood

Northwood in Fitzroy North is a 72 lot residential building operating under an embedded network. The owners corporation wanted a more structured and transparent energy arrangement that reduced common property costs and delivered measurable savings for residents. A key objective was to strengthen long term value while improving oversight of the network. The owners corporation wanted a more structured and transparent energy arrangement that reduced common property costs and delivered measurable savings for residents. A key objective was to strengthen long term value while improving oversight of the network.

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How Strata Energy Services helped

Strata Energy Services reviewed the existing embedded network to assess pricing, contract terms, and infrastructure requirements. We ran a competitive tender process to evaluate retailer capability, long term pricing, and investment commitments. Through this process, we negotiated a managed embedded network agreement that included $116,000 in infrastructure investment and additional solar PV for the building. The retailer assumed financial and compliance responsibilities, reducing risk for the owners corporation and improving overall transparency. The agreement secured ongoing annual contributions and lower resident energy costs, delivering clear financial outcomes.

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Outcome

  • Investing in infrastructure value of $116,000*
  • Owners annual contributions $10,000 pa*
  • Common property savings $5,100*
  • Resident savings of $680 pa*
  • Negotiated additional solar PV for the building

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*Savings are estimated based on bills provided for analysis and could change subject to usage. Capital Investment is based on the retailers assessment of the infrastructure value and actual investment in the site.  Residential and Owners contributions are as per the contract.  Actual results may vary.