Utility bills: Apartments locked into higher power bills after developers partner with retailers
Issues with embedded networks for #stratatitle building utilities and other essential services set up by developers have become very topical. So,
Amber Schultz recent SMH article about electricity networks and higher strata owner charges is an interesting read.
She reports NSW embedded networks cover 100,000 NSW strata owners for electricity and 64,000 for hot water and charges that were almost double market rates in some instances.
Plus, they’re being extended to solar, air conditioning, potable water, hot and chilled water, internet access, stormwater, waste, etc.
It’s a system that’s very susceptible to exploitation that needs addressing.
So, watch this space ….
