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Embedded network management service
Embedded networks are generally used where the building or subdivision owner has an incoming gate meter and they allow energy retailers to trade over that network which is owned and maintained by a third party, the embedded network owner. This owner pays for the network services at the gate meter and recovers the embedded network costs from the retailers that trade across its network.
With the help of demand and connection diversity, the embedded network owner can recover a return on their embedded network investment, and generally offer a cheaper network service to the tenant than they would normally pay if the tenant were connected directly to the “traditional” network provider.
Smart Power offers a full embedded network management service which includes establishing the embedded network owner as a market participant, administration of installation control points, energy reconciliation services, retailer account calculations and monthly reconciliation.
We can also assist in ‘use of system’ documentation and through our partners, provide the annual embedded network audits which are mandatory under today’s market rules.
