Since the 1st January 2015, a Body Corporate with an existing embedded network is required to obtain an exemption to be an on-seller of electricity and services. A breach of this legislation comes with a civil penalty. This means the Body Corporate is exposed to all the risk as well as undertaking the huge administration burden, being responsible for obligations including customer policies, life support registration, and general supply and debt responsibilities.
De-risking a Body Corporate from its on-selling obligations, LPE offers a hassle free transfer service to communities with an existing embedded network. An embedded network with LPE makes powering your community simple and cost-effective. When switching to an embedded with LPE we take on the risk so Body Corporate don’t have to. Not only saving money for residents but putting some money back into kitty for other community business.
If you are concerned that your current network doesn’t meet the new on-selling guidelines, call LPE’s embedded network experts to find out how we can help.