X2M Connect are an experienced Australian technology company, headquartered in Melbourne and listed on the Australian Stock Exchange (ASX: X2M).  The company currently has more than half a million devices connected to its platforms, serving more than 80 customers across multiple countries.

1Komma5 is a global renewable energy company that entered the Australian market in 2022 backed by a billion dollar German parent. The company offers solar systems, battery storage, energy efficient air conditioning and smart energy management systems.

The electricity system across Australia is transitioning towards more renewable energy sources to help combat the impacts of closing our coal fired power plants. Renewable energy sources such as solar are ways to help with the transition and lower your carbon footprint, and when combined with technology like home energy management systems can help maximise the use of solar in your home.

Every new home built in Victoria must ensure it adheres to the National Construction Code. New NCC requirements make it necessary to install solar on most new homes for it to pass the energy usage / efficiency metrics in the NCC and actually commence the build.  

Most builders will install only what is required for your home to pass these NCC requirements, not actually design and implement a solar system that your home actually needs.. This is specifically where X2M Smart Energy and our solar partner, 1Komma5 can help.

The answer to this question will depend on the type and size of home that 1Komma5 need to install the panels on and the final size of your solar system.  

A Home Energy Management System (HEMS) is a technology (about the size of an internet modem) that connects to the internet to monitor and control energy consumption within a home, allowing users to track usage, manage appliances, and potentially reduce energy costs.

 X2M Smart Energy derives its energy savings from 3 key sources:

• Installing the right sized solar system for your home, its location and appliances.

Solar panels save you money by generating your own electricity, reducing your reliance on the grid during the day. Making sure your system is large enough for your energy needs is crucial. 

• Your excess solar can be stored in the community battery (if available in your estate).

This gives the battery operators the ability to decide how to best use the energy in the battery to provide benefits to X2MSE customers in the form of an annual credit (if the battery is fitted).

• The Home Energy Management Software installed in your home.

The software installed in your home can talk to the solar system and compatible appliances in your home and divert the energy produced by the panels to pre-heat your water or help pre-cool your home during the day, reducing your need for grid electricity at night time.

Finally, eligible Smart Energy customers may also be able to benefit from access to estate specific interest rates from the NAB. These could provide substantial savings depending on your loan.  X2MSE customers are also eligible for discounts on appliances such as hot water systems that are compatible with the HEMS.

For a standard home and relative to a regular builder solar inclusion, we estimate X2M Smart Energy will save you over $900 more per annum in energy usage costs.  

1. Solar saving: We estimate, comparing the savings of a standard builder’s inclusion solar system to the savings from an X2MSE solar system to be approximately $800 more per year, based on like for like solar panels and inverters.
2. Community Battery Benefit: If you estate has community batteries, you will receive an annual payment of $75 just by being a X2MSE customer and having your solar connected to the community battery.
3. HEMS re-diversions for Hot Water and Air Conditioner : If you select compatible appliances for your home, we estimate the HEMS system will save you approximately $100 per annum in energy costs.

That’s nearly $1000 in savings in energy alone.

Finally, eligible Smart Energy customers may also be able to benefit from estate specific interest rates from the NAB. These could provide substantial savings depending on your loan.  X2MSE customers are also eligible for discounts on select Hot Water Appliances from Solarhart / Rheem.

No, you are free to choose your electricity retailer.   

No problem. It is not compulsory to take finance with the NAB to be a X2M Smart Energy customer. Having access to their discounted offer is one of the possible additional benefits of being a X2M Smart Energy customer.

Select the “Join X2M Smart Energy” option on our Contact page and complete the form or just advise the sales office:

1. That you are interested in understanding more about X2MSE and the potential savings and one of our partners will be in touch to speak to you more.
2. That you want to participate and integrate X2M Smart Energy  into your home before you start designing and ideally when you decide to purchase the land.
3. Pick your builder and your ideal home design and tell the builder you will be integrating X2M Smart Energy into your home.
4. Work with our solar partner 1Komma5 to optimise the size of your solar and the specific appliances to maxmise the efficiency and HEMS savings.

While all land blocks in the Estate are eligible for X2M Smart Energy, you are under no obligation to become a customer and integrate it into your home.