HEALTH AND WELLBEING A CHEAPER, GREENER, SIMPLER SOLUTION TO RISING ENERGY COSTS
A cheaper, greener, simpler solution to rising energy costs
eneral Manager of Frasers Property Australia’s Real Utilities business, Paolo Bevilacqua, concedes that most people are surprised to learn that the property developer, best known for high-profile projects like The Waterfront Shell Cove, Burwood Brickworks, and Central Park Sydney, would also want to become an energy retailer. But dig a little deeper, and the diversification makes a lot of sense – especially considering the company’s target of net-zero by 2028.
“In terms of energy innovation, we’ve been on this journey for many years”, says Paolo. “A decade ago, we pioneered the country’s first privately-owned central thermal plant at Central Park Sydney. A few years later we introduced geothermal heating and cooling technology at our Fairwater project in Blacktown, and we’ve been actively investing in large-scale solar installations on our industrial sites around the country”.
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Autumn/Winter 2022 | Live proud
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Discovery Point, NSW Tailor’s Walk, NSW
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If you’ve ever spent any time comparing energy plans, finding one that offers the holy trinity of ‘cheaper, greener, simpler ’ may seem like a miracle. But for Frasers Property residents and tenants buying energy through the company’s wholly-owned, 100% carbon neutral energy retailer, Real Utilities, it couldn’t be easier to go green for less.
Paolo Bevilacqua
General Manager, Real Utilities Frasers Property Australia “At some point, it made sense to capitalise on the knowledge and skill we’d built up in delivering green energy infrastructure and turn that toward providing the energy to customers too”. And so, in 2017, Real Utilities was born, with residents at Tailor’s Walk – a Frasers Property community in the Sydney suburb of Botany – the first to have their electricity provided by the company’s 100% carbon neutral and owned energy retail business. Since then, Real Utilities has expanded to supply green energy to over 1,800 residents and tenants at multiple Frasers Property projects, including residential communities like Sydney’s Discovery Point and Ed.Square, Melbourne’s Burwood Brickworks, Brisbane’s Minnippi Quarter, and The Waterfront Shell Cove on the NSW Illawarra Coast. The company also supplies energy to tenants on its commercial, retail, and industrial projects, greatly contributing to reductions in carbon emissions and vastly improving the environmental footprint of these locations.
