Embedded Network Management
An embedded network captures new income streams and increases the capital value of your property. So what is an embedded network and how does it work?
An embedded network is where Tenco and the property owner take responsibility for managing the lines and network billing within a building or property.
Once set up, Tenco provides network billing and reporting in industry standard formats, allowing you to focus on your core business, confident that all the day to day management and compliance is taken care of.
We’ve simplified the process to make it easy for you to set up an embedded network. Tenco manages everything for you!
Embedded Network FAQs
Can tenants still choose their own retailer under an embedded network?
Yes - an embedded network allows for each connection to continue to choose their own independent electricity retailer. 15+ retailers (including all of the major retailers) currently trade across Tenco networks, so tenants retain the ability to select their own retailer.
Will an embedded network increase tenant charges?
Tenco largely mirrors the published lines company rates (e.g., Wellington Electricity, Powerco) for tenants under our model, so tenants are typically price neutral from a lines charge perspective when we establish an embedded network.
Who owns the electrical lines infrastructure within my property?
Typically, the property owner or body corporate own the lines after the demarcation point with the local lines company. This fact does not change when Tenco establishes an embedded network on your behalf.
Is the common area power included within the embedded network?
Most often, all common area power and landlord supply is included within the embedded network.
Can embedded network setup costs be financed?
Yes, Tenco offer this in most cases and setup costs can be paid down with network profits.
How will I know if my embedded network is performing well?
Tenco provides a statement to clients monthly that details the financial performance of the embedded network. Tenco also prepares a summary report annually that details how the network performed in the prior year and our financial projections for the upcoming year.
What physical work is required before Tenco can establish an embedded network?
Often, Tenco only needs to install a gate meter within the main switchboard of a building or development. Tenco performs a site investigation to confirm prior to proceeding.