A strata manager from a large strata management company got a call from a disgruntled owner. Here’s the advice the strata manager needed to know. “Whoa! $850 electricity bill for one quarter? How can that be? I only paid $200 for the last quarter.” That was what one strata resident experienced last month. The culprit…
Implementing energy saving projects in your strata building can provide the highest investment returns on offer, reducing carbon emissions and improving property valuations. But how do you know what are the best projects for your building? An Energy Audit could be the best place to start. Don’t be put off by the term ‘Audit’. This…
There continues to be a lot of coverage in the media about electricity prices and this will continue throughout 2017 while the politicians debate energy policy and the findings of the recently released Finkel Review AKA – Independent Review into the Future Security of the National Electricity Market In this article we aim to provide…
Australia has an energy crisis and funnily enough, that is what it took for strata schemes to start working as real communities to beat the energy price rises. There has been increased interest in apartment owners joining forces with each other to bulk buy electricity with a new smart metering setup across their block. Enter the…
With summer upon us, electricity usage is likely to skyrocket with increased use of air conditioning and other associated cooling cost which is often among one of the largest expenses for strata schemes during the warmer months. It is important for bodies corporate to continually monitor and review their electricity usage to reduce costs and…