AUSTRALIA
paybacks were very strong and the technology was evolving fast.” Echo Group houses Cherry Energy Solutions, Littil LED, Unilumin Australia, Jim’s Energy, SiteTech Solutions, SiteMedia Solutions, Jim’s Site Solutions and the new trade sales division SiteSales. Cherry was launched in 2013 due to constant requests to both supply and install, and is Australia’s only specialist provider of five integrated energy efficiency solutions – LED lighting, Solar PV Systems, Energy Storage, Energy Monitoring and, residential Energy Broking. With Australians paying the
highest electricity prices in the world – they’ve increased 214 per cent faster than inflation – there has never been a better time to invest in energy efficiency, especially solar. “The reality is, energy prices have increased at a compound rate of 8.4% over the last decade with most people paying 25 cents a kilowatt hour,” he explains, “but you can make energy with solar for 10 cents a kilowatt hour, inclusive of funding and financing costs.” “There really is no logical reason why you wouldn’t go solar.” Zimmerman says the three main ways to save money on energy
$100 million Echo Group annual revenue
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