You can Purchase Electricity in Bulk- A Guide to Embedded Networks
Over the past couple of years, the retail and commercial vacancy rates in Australia have increased. Property owners have turn to energy selling as a means to compliment the revenue gaps created in their budgets. Because of this, embedded networks have increased unprecedentedly in the last two years.
The electrical infrastructure of a building changes significantly because of the setup of embedded network. The facilities managers are involved in the planning and implementation stages of the installation as well as in the on-going operations.
How it works
How does the embedded network operate? The facility owner installs main meter and buys electricity for the entire building. customer makes the purchase in large market. Private meters are installed for every tenant who will purchase the power at reduced market rates.
The whole process can be divided into three broad components. They are:
The 45% of the total bill of contract rates or raw energy costs
The network cost comprises of 45% of the total charges. The costs are levied to the distributor (the local network services providers), which the retailer charges as pass through cost
Ten percent renewable and market charges of the bill. It covers both state and federal state government levies pertaining to the regulated electricity supply.
The three components apply to all energy users. Buddle rates account consisting of an annual service charge and combination of shoulder or peak, or off-peak energy rates are given to the small energy users who use under 100,000 kWh per year. Large energy users nonetheless obtain ‘unbundled’ accounts that demonstrate each charge section enumerated in the bill.
Benefits
This method of power supply has the following benefits to both the tenant and the facility owner.
There is a reduced electricity rate for the tenants
Site owner gets additional streams of revenue
The site owner can control electrical infrastructure that include tenant metering
It gets better to monitor and manages energy
The property owner gets improved ability for servicing the electrical upgrades needs for the tenants.
A change in the infrastructure
As mentioned above, there is a shift in the electrical infrastructure of a building upon embedded network setup. The system is created when a number of tenants are fed with power via a central switchboard. A primary meter referred to as a parent meter is installed to measure the overall energy consumption. The facility owner then purchases electricity in a large amount of the whole property and sell it to the tenants at a reduced rates. The facility owner controls the electricity that is within his or her properties.
Key participants
The key participants in the embedded networks are the tenants, the common areas, and the grid meter. The tenants are the consumer the purchases electricity from the national market through registered retailers or the embedded network. The common area comprises of the meters that record the energy consumed for power, lighting, and any mechanical services. The grid meter records the total energy consumed by an embedded network and can be one or multiple meters.