CategoryBusiness

Who Can Benefit from an Embedded Network?

Who Can Benefit from an Embedded Network?

There is no denying the fact that the cost of generating electricity has been increasing. With resources being used for producing electricity depleting rapidly, it is becoming harder and harder for the electric companies to keep on supplying electricity for affordable rates. They have had to increase the rates of electricity from time to time much to the dismay of the consumers. Although the electric companies charge high rates for tenants and small businesses that consume lesser amount of electricity, they tend to offer discounts to those whose consumption of electricity in on the higher side. The reason for this is that such consumers buy the electricity in bulk and thus get the benefit of lower electricity rates. Using this same principle, an embedded network can provide people with low-cost electricity by allowing building owners to purchase their electricity in bulk from distribution companies and then on-selling it to the small businesses for a low cost.

Such networks are among the best energy management solutions available in the market at the moment. They are particularly beneficial for the owners of a multi-tenanted building or a shopping complex. He can generate extra revenue from these networks. All he has to do is to buy electricity from a distribution company in bulk at a cheaper rate on behalf of his tenants and then sell this cheap electricity to the tenants for a rate lesser than what is being offered by the distribution company. Even after giving the tenants a reasonable rate, he is going to get a deal of profit from this on-sell of electricity to the tenants. Thus, the owners of multi-tenanted buildings are among the people who can benefit from such a network.

The tenants of a multi-tenanted building are also going to benefit from an embedded network as well. They are going to receive the electricity at a much affordable rate that is being offered by the electric company. This is going to help them in getting cheap electricity. Moreover, they will have to pay their bills to the building owner and not to the electric company as they will have a separate meter for their apartment. This separate meter is going to allow them to monitor their electricity consumption and pay the bill according to their use. They will also go to keep tabs on how much electricity they are consuming each day which would not have been possible if the building had a single meter.

Small businesses and shops that are located in a shopping complex can also benefit from the installation of such a network as well. Through this network, they will get the electricity for a cheaper rate and will be able to monitor their electricity usage as well. They will have to only pay for the electricity that they have used. Thus, if you are a small business or shop owner then it is best for you to start thinking about installing this network so that you can take advantage of the affordable electricity it can offer you.