The asset owner has a significant investment in the electricity infrastructure, and a properly configured private electricity network (embedded network) enables the owner to secure a return on that investment from a reliable annuity stream.
By on-selling electricity to tenants, centre owners can add to the revenue stream of the centre and ultimately contributing to its asset valuation.
The WINconnect philosophy is to help owners maximise the operational surplus of an embedded network.
On-selling optimisation through solar generation offers increased rental income whereby we enter into a lease agreement with centre management to populate the rooftop with solar panels. The sustainably-generated power can then be fed into the embedded network and on-sold with the power from the grid.
The process of converting existing infrastructure (e.g. shopping centres, commercial/industrial complexes) to embedded networks, commonly referred to as ‘brownfield conversions’, is a challenging operation. We partner with a team of preferred supplier organisations (registered electrical contractors) who’ve been schooled in the nuances of such conversions. Much of our ‘can do’ intellectual property resides in project planning for the re-metering of shopping centres.
Tenants are more than happy to sign up with WINconnect when the conversion project progresses, as many are part of nationally-owned, mini-major chains that already receive WINconnect bills and are familiar with our service and value. Individual speciality stores appreciate the centre management’s initiative to invest in infrastructure that will provide them with sustainably cheaper power.
Our South Australian based EMS team deliver affordable billing services (arguably the best value in the market) to managers of commercial buildings and shopping centres in all geographies.
If you have an existing embedded network, we can audit and transition it to our EMS tariff engine for a fraction of your current costs. We can even provide a feasibility study at no cost. Once converted, you can look forward to a guaranteed and secure revenue stream.
If you operate an embedded electricity network, you want to ensure that every electron is accounted for. WINconnect brings to the EN market an audit service delivered from our extensive operational experience. We can account for every kWh consumed within the shopping centre by identifying all non-technical network losses.
As an energy retailer in our own right through WINausPower, we able able to buy wholesale power – spot and hedged. Whilst most shopping centre owners will have national power contracts, our ability to act as the Financially Responsible Market Participant (that is, the electricity retailer) during and after a retrofit project enables us to sort out all the market metering issues. Then we hand over the gate meter contract to your electricity retailer of choice.
As a fully licenced market participant and energy retailer, WINconnect must necessarily comply with the provisions of the National Energy Customer Framework. Our billing, collections and customer relationship management activities are designed to meet these rigorous requirements.
Some shopping centre owners only use an EN billing agency, with centre management taking care of meter-reading, collections and customer management. The pending AEMO rule changes will demand a higher level of customer protection requiring some shopping centres to improve their EN procedures and to achieve Embedded Network Management accreditation with AEMO.
"Liuzzi Property Group now engage WINconnect to establish and manage embedded networks within our shopping centres. Through effective management of our electrical infrastructure, WINconnect creates additional income streams from an otherwise inactive asset class."Alfonso Liuzzi - Liuzzi Property Group