Body Corporates
Private Utility Network Solutions
Unlocking Value for Body Corporates
Benefits
Private utility networks enable residential building owners to generate income from the electricity infrastructure within their property. Tenco partners with body corporates across New Zealand who want to unlock more value from their assets.
In parallel, Tenco may manage an electricity supply procurement to make certain you secure the most competitive offers available in the market. You win when more companies compete for your business.
How it works
Step One
Quantify the Opportunity
At no cost, Tenco performs a preliminary assessment of your property and provides a tailored solution with financial projections for you to consider.
Step Two
Validate
Tenco will perform further due diligence, which may include a site inspection and coordination with your electrician. We’ll then prepare an agreement which allows Tenco to operate the network on your behalf.
Step Three
Meter Installation & Network Set-up
We arrange for a market compliant meter to be installed to measure the electricity consumed across your network. Once installed, Tenco completes all the regulatory requirements to ensure your network is compliant.
You’ll receive monthly invoices and annual reporting to highlight the performance of your network.
Why Tenco
Tenco is the largest provider of private utility network solutions in New Zealand. We have been serving the property industry since 1998 and manage over 300 networks. We combine deep industry expertise with a proven track record to deliver custom solutions for our clients. Leading body corporates choose Tenco.
Don’t just take our word for it...
Leading property developer Willis Bond selected Tenco to establish an embedded network at their award-winning Wynyard Central development in Auckland. Willis Bond subsequently transferred ownership of the network to the body corporate who use the additional revenue generated to offset fees, and provide annual savings for each owner.
“It’s a point of different for us as a developer. Tenco were extremely helpful during the set-up of the embedded network. We are more than happy with the outcome to the extent that we rely on Tenco to implement embedded networks across all our developments where it’s a value-add for the body corporate.”
Rohan McKain, Senior Development Manager