When you’re dealing with a large facility in the Sunshine Coast, you must consider a lot more than just your own needs. Specifically, you’ll have to consider the needs of your tenants, whether they’re residents of an apartment you manage or vendors in the mall you oversee. Sunshine Coast is full of such facilities, and some of their operators struggle to balance their own necessities with those of the people who regularly inhabit them. One area where this can become particularly contentious is when it comes to providing electricity. Facilities with multiple users often use something called an embedded network, in which electrical power distributes to all facility tenants via a single parent meter installed just after the main grid.
Why use an embedded network? The easiest answer is this: without one, your tenants must source their electrical power all by themselves, which can take time and cost a lot of money. Furthermore, the money going to these electricity retailers is something you could be capitalising on, while also reducing the total costs for the tenants. It’s called an embedded network, which allows you to purchase power for the whole building from a single provider. Of course, that’s a big responsibility, and you’ll need to understand exactly what you are doing. Success will mean purchasing energy at the lowest rate possible so that you can set competitive rates for your tenants – which can be difficult in itself!
Setting competitive rates for your tenants can benefit you too. Here’s why: when your rates are as low as they can get, you can provide attractive rates to tenants while still turning a profit. This extra revenue stream can provide you with the capital you’ll need to improve your facilities in other ways that will benefit tenants or cover gaps in your revenue caused by uninhabited units. Sounds easy, right? It can be, but you’d be well-advised to prepare adequately. Using an embedded network can be complicated, and you’ll need an accredited manager to handle the finer points. In fact, as of December 2017, an accredited manager for all eligible embedded networks in Australia will be required by under new rules.
Your best bet is to partner with a company that provides skilled embedded network management consultants in the Sunshine Coast. Consulting with an established company will help you learn everything you’ll eventually need to know to manage your network by yourself, while a professional handles your network in the meantime. Looking for an embedded network consulting company in Sunshine Coast won’t be difficult, either—there’s one transparent option ready and willing to help.
ENM Solutions offers embedded network consultants for Sunshine Coast operators who want to make sure their tenants are satisfied with their electricity provider, and who are interested in becoming more confident managing their own networks in the future. Our accredited staff has more than 15 years of experience between them, allowing us to troubleshoot easily and quickly address all the aspects of using an embedded network. To learn more about our methods and policies, call ENM Solutions today.
