Retrofit first for Source

The Source team have recently installed WA’s first Retrofit for a building of 24 apartments in Rockingham.

Our existing Green sites have been delivering renewable energy for new apartment developments since 2016, however this WA first has successfully converted an existing apartment building to renewable energy.

“We know what to look for, how to manage the challenges, and can continue to lead the way in converting more existing buildings and new developments to renewable energy, with our experience.”

Source Energy Co.’s Technical Sales Manager Nathan Tinline said it is exciting to be leaders in WA to introduce cutting edge, blended energy technology, using a combination of grid electricity and solar energy to power existing buildings.

“We know what to look for, how to manage the challenges, and can continue to lead the way in converting more existing buildings and new developments to renewable energy, with our experience,” Nathan said.

With over 60,000 existing apartments and about 3,000 new apartments built a year in WA, this Retrofit opportunity has opened the doors to a whole new market.

Currently the biggest challenge for Retrofits is that all the account holders and owners need to agree to convert to renewable energy with Source – with 100 per cent agreeance.

However, Nathan said the laws around this are set to come into force in the New Year meaning only a majority ‘for’ the conversion, rather than 100 per cent agreeance, will be required.

“As it stands, if one owner or account holder isn’t for the conversion, but the majority are, it can make it difficult to proceed,” he said.

This Retrofit first has already opened the doors, with the team working on a number of Retrofit projects of various scales from 16 apartments to more than 200.

Our Retrofits use a single Western Power connection point (gate meter) for each apartment building, and Source Energy smart meters at each apartment to distribute the energy supplied by Source Energy Co.

Smart metering, combined with Source’s proprietary software, HotSource, allows individual account holders to track how much power they’re using and how much it’s costing – saving them money and has benefits for apartment owners with a potential annual rebate to the strata, while being an environmentally friendly option.

Source customers eligible for WA State Budget once-off credit

We are pleased to share that the WA State Government has now confirmed that Source customers are eligible for this year’s $600 one-off credit towards their electricity bill as part of the 2020-21 State Budget.

WA’s State Budget and the outcome for Source

This year’s WA State budget announced that “Every West Australian household will receive a $600 one-off credit towards their next electricity bill” as part of the 2020–21 State budget, however the terms, conditions and eligibility was not clear.