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Embedded Network Assets: What you need to know
Embedded Network Assets: What you need to know
As energy markets evolve and sustainability becomes a priority, understanding the infrastructure behind your electricity supply is more important than ever – especially when it comes to embedded networks.
What is an embedded network?
An Embedded Network is a private electricity distribution network, typically found in multi-tenanted buildings or strata communities. Rather than each unit connecting directly to the grid, a single gate (master) meter records the total electricity usage for the site. Behind this, individual sub-meters track consumption for each tenant, resident, or owner. These networks support aggregated purchasing of electricity at competitive rates and on-site generation. Ownership of the infrastructure behind the gate meter usually rests with the strata or building owner, making it a valuable asset that requires careful management.
Basic vs advanced metering
The type of metering within an embedded network significantly impacts its functionality and future-readiness.
Basic meters: These provide only a snapshot of usage at a single point in time. They require manual readings and often rely on outdated technology, raising concerns about accuracy and efficiency.
Advanced (smart) meters: These enable remote readings (when connected to a communications network) and deliver interval data – typically every 30 minutes. When integrated into Advanced Metering Infrastructure (AMI), they offer real-time insights into consumption patterns, enabling smarter energy management and billing.
Why it matters
Understanding and upgrading your embedded network assets isn’t just good practice -it’s becoming essential. Here’s why:
There are several reasons to understand your network and ensure it is adequate:
- Regulatory Compliance: New and emerging regulations require strata bodies to:
- Facilitate customer requests for interval meters
- Test meters upon request
- Provide transparent billing and charge breakdowns
- Renewable Integration: Planning to install solar PV, battery storage, or EV charging? An adequate metering system is critical to accurately track both consumption and generation, ensuring fair distribution and billing.
- Time of Use Tariffs: For sites with commercial tenants, advanced meters enable the application of R3 tariffs, which reflect time-based pricing. This can provide opportunity to recuperate funds that can be passed on.
Embedded networks are more than just infrastructure – they’re strategic assets. Investing in advanced metering and understanding your network’s capabilities can support regulatory compliance and unlock sustainability opportunities, and financial benefits.
