OP Properties, Australia

Location

Power Ledger Platform Features

Client Summary

Power Ledger’s technology is being deployed into Montreal Commons, a 5-story, 39-apartment complex within DevelopmentWA’s East Village at Knutsford Mixed-Use Precinct.

“Power Ledger’s energy trading solution is holistic and allows us to offer our residents a forward-thinking energy platform that will meet their needs now and in the future.”
OP Properties Director, Luke Parker

Power Ledger’s technology is being deployed into Montreal Commons, a 5-story, 39-apartment complex within DevelopmentWA’s East Village at Knutsford Mixed-Use Precinct.

Power Ledger and OP Properties have teamed up in a landmark renewable energy partnership that will deliver an ongoing 50% savings for apartment owners on their annual strata levies.

The Montreal Commons development will use developer-funded 75 kW solar rooftop PVs and local battery storage, topped up with 100% green energy from the grid through local electricity retailer Change Energy.

Power Ledger’s technology will enable apartment owners to sell excess solar electricity they generate back to a 670 kWh on-site battery.During times of peak demand they can then buy back electricity, as required, from the on-site battery at an agreed price.

The project will be one of the first ever carbon-neutral apartment buildings in Australia and is expected to set a global benchmark for sustainable apartment design.

“Power Ledger’s energy trading solution is holistic and allows us to offer our residents a forward-thinking energy platform that will meet their needs now and in the future.”
OP Properties Director, Luke Parker

39

Apartments get access to trading platform

100%

Renewable energy

75 kW

Solar rooftop PVs

50%

Reduction in annual strata levies