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Bulk Electricity Supply Agreements

7/23/2012

5 Comments

 
The Queensland Electricity Regulations authorises a Body Corporate or a Commercial Building Owner to bulk purchase lower priced electricity through the National Electricity Market.

By aggregating the common area and the total residential and any commercial electricity consumption, a Body Corporate or Commercial Building Owner can on sell electricity to electricity customers within the building complex.

The Queensland Regulations include a requirement that electricity cannot be on sold at a Tariff greater than the Government Gazetted relevant Franchise Tariff.

 A Body Corporate is restricted from making any profit from the on selling of electricity. The net savings are passed on to Owners and Tenants.

The electricity is still delivered through the existing Distribution System (i.e. Energex cables and wires), therefore the quality and reliability of supply is not adversely affected by the implementation of bulk supply arrangements.

ERC provides all the necessary Professional Engineering and Administration to manage the bulk supply on selling arrangements on behalf of the Body Corporate or Commercial Building Owner.

By transferring to the ERC Bulk Electricity Supply Arrangements, Short Term Stay Accommodation Unit Owners avoid the higher Tariff 20 charges, and enjoy even lower priced electricity through the bulk supply on selling arrangements
5 Comments
Bruce
2/9/2015 10:30:30 am

I live in a complex where there are 3 individual supply systems of electricity
Is it possible to have a bulk supply of electricity in this situation in order to reduce lot owners costs?

Reply
Matt link
2/16/2015 08:05:41 am

Hi Bruce thanks for your question, bulk supply benefits would normally come into effect for multi-unit complexes of 20 or more units depending on the common area consumption. If you would like an analysis please forward the common area invoice to see if there is enough consumption to begin to benefit.
If we can assist further please do not hesitate to ask
Regards
ERC

Reply
bulb energy review link
6/15/2018 12:23:56 pm

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