About South Bank

This residential building in South Bank, Victoria comprises 224 lots and operates under an embedded energy network. The owners corporation wanted a more transparent and well managed energy arrangement that reduced costs, delivered direct benefits for residents, and provided long term financial certainty. The priority was to secure measurable savings while improving oversight and stability across the embedded network.

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How Strata Energy Services helped

Strata Energy Services completed a comprehensive review of the embedded network to assess pricing structures, contract terms, and infrastructure requirements. We ran a competitive tender process to evaluate retailer capability, pricing outcomes, and long term investment commitments. Through this process, we negotiated a fully managed embedded network agreement where the retailer invested in new infrastructure and assumed financial, operational, and compliance responsibilities. The agreement secured lower energy costs, ongoing annual contributions, and resident sign on credits, delivering lasting value for the owners corporation and residents.

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Outcome

  • Investing in infrastructure value of $330,000
  • Owners corporation savings $100,800 pa
  • Owners annual contributions $38,500
  • Common property savings $9,200 pa
  • Sign on credits for each resident of $200
  • Guaranteed discounts for the life of the contract

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Summary

The embedded network agreement delivers strong long term value for the building. Infrastructure investment removes future capital expenditure, while annual contributions and common property savings strengthen the owners corporation’s financial position. Residents benefit from upfront credits and ongoing discounts under a stable and transparent energy arrangement.

*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.