Silver Asset Services
Silver Asset Services is an AEMO-accredited Australian embedded network manager that designs, installs, and operates bulk-purchased electricity, hot water, gas, air conditioning, and broadband networks for multi-tenanted residential, commercial, and industrial buildings across Queensland, New South Wales, and Victoria.
- Company typePrivate
- Founded2003
- HeadquartersBrisbane, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Silver Asset Services does
Silver Asset Services (legal entity Online Power and Gas Pty Ltd, trading as Future X Power) is an AEMO-accredited embedded network manager that designs, installs, and operates private utility networks for multi-tenanted residential, commercial, and industrial buildings across Australia's eastern seaboard. Founded in 2003 in Brisbane, the company became Queensland's first AEMO-accredited embedded network manager in 2017 and was acquired by Future X Group in 2021. Its core technical offering is the design and operation of bulk-purchased electricity, hot water, gas, air conditioning, and broadband networks within buildings, with individual smart submetering per residence enabling consumption-based billing separate from the main grid. The product portfolio has expanded to include solar, battery storage, EV chargers, and LED lighting retrofits, integrated under a single managed platform with a self-serve customer portal (MyAccount) for residents.
The company serves four primary customer segments: property developers and builders (design and installation of new embedded networks), strata managers and body corporates (ongoing managed services for existing buildings), commercial property owners and managers (shopping centres, hotels, office buildings), and individual residents (utility supply and account management). Revenue is generated through three streams: managed services fees for embedded network operations (metering, billing, customer service, compliance, debt management), margin on bulk utility procurement passed through to end users, and project-based professional services for infrastructure installation and upgrades. Sales is direct and field-based, focused on B2B relationships with developers and building managers, supported by ombudsman memberships in Queensland, New South Wales, and Victoria, and partnerships with the major distribution network service providers (Energex, Ausgrid, Endeavour Energy, Essential Energy, Powercor, Citi Power, United Energy, Jemena). The company operates from four offices (Brisbane, Gold Coast, Sydney, Melbourne) and has 11-50 employees serving 250+ buildings.
Silver Asset Services firmographics
Firmographics- Name
- Silver Asset Services
- Legal name
- Online Power and Gas Pty Ltd
- Website
- https://silverasset.com.au
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Silver Asset Services is an AEMO-accredited Australian embedded network manager that designs, installs, and operates bulk-purchased electricity, hot water, gas, air conditioning, and broadband networks for multi-tenanted residential, commercial, and industrial buildings across Queensland, New South Wales, and Victoria.
- Ownership category
- akta.pro rank
Silver Asset Services industry classification
Industry- Product category
- Embedded Network Utility Management
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Investor-Owned Electric Distribution Utilities (IOUs) (EUADABAA)
- akta.pro secondary industries
- Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF), Telecom & SCADA/OT Network Asset Management for Energy Infrastructure (EUAEAMAI), Smart Building Cybersecurity & OT Network Management (BPABAGAK)
Keywords
Where Silver Asset Services is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices4 records
Markets served
Silver Asset Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Embedded Network Management Fees: Silver Asset Services charges fees for managing embedded networks on behalf of body corporates. This includes metering and meter reading, billing, customer management, reporting, bank account management, debt management, and energy contract/tariff management. Revenue is generated through management fees based on the services provided to body corporates.
- Bulk Utility Supply: The company facilitates bulk purchase of electricity, hot water, air conditioning, gas, and water for body corporates at negotiated wholesale rates. They recover costs from residents based on metered individual consumption.
- Infrastructure Installation Services: Services include design and installation of hot water systems, EV charging infrastructure, solar power systems, battery storage solutions, LED lighting retrofits, and air conditioning systems for new and existing developments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based pricing tailored to each building's requirements |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Silver Asset Services product offering
Product offeringCore offering
Silver Asset Services designs, implements, and manages embedded utility networks for multi-tenanted residential, commercial, and industrial buildings across Australia. As an AEMO-accredited embedded network manager, the company provides electricity, hot water, gas, air conditioning, broadband internet, solar, battery storage, EV charging, and LED lighting services via bulk purchasing at wholesale rates, bundled with end-to-end metering, billing, customer service, and regulatory compliance management.
Product overview
Silver Asset Services provides an embedded network platform that bundles multiple utility services—Electricity, Hot Water & Gas, Air Conditioning, Broadband Internet, Solar, Battery & Storage, EV Chargers, and LED Lighting Retrofits—into a single managed system for multi-tenanted residential, commercial, and industrial premises. The company operates as an accredited embedded network manager (AEMO-accredited), enabling developers, strata managers, commercial property owners, and residents to purchase utilities at wholesale prices through bulk arrangements. Services include infrastructure management, energy management (metering, billing, collections), and compliance management. The MyAccount customer portal provides online access for account management, bill payment, usage tracking, and service requests. The company serves over 250 buildings across Brisbane, Gold Coast, Sydney, and Melbourne.
Differentiator
Problem solved
Functional benefit
Products and services
- Electricity Supply
- Hot Water & Gas Supply
- Air Conditioning
- Broadband Internet Services (NBN)
- Solar Solutions
- Battery & Storage Solutions
- Electric Vehicle Chargers
- LED Lighting Retrofits
- Embedded Network Infrastructure Installation Services
Quantifiable outcome
- Cost savings on electricity through bulk purchasing at wholesale rates compared to individual retail tariffs
- +2 more outcomes
Companies that use Silver Asset Services
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Silver Asset Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Silver Asset Services partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Australian Energy Market Operator (AEMO)coreSilver Asset Services is an AEMO-accredited embedded network manager. This accreditation, obtained in 2017, marked them as Queensland's first AEMO-accredited embedded network manager, enabling them to manage all aspects of embedded network operations on behalf of body corporates. This regulatory accreditation is fundamental to their business operations.
- Energy and Water Ombudsman (EWO) QueenslandminorExternal dispute resolution scheme for Queensland energy and water consumers. Silver Asset Services is a member, providing customers with access to independent complaint resolution.
- Energy and Water Ombudsman NSWminorIndependent dispute resolution for NSW energy and water consumers. Silver Asset Services membership ensures compliance with ombudsman requirements.
- Energy and Water Ombudsman Victoria (EWOV)minorDispute resolution scheme for Victorian energy and water consumers. Silver Asset Services is a member for their Melbourne operations.
- Australian Energy Regulator (AER)coreNational regulator for electricity and gas markets. Silver Asset Services operates under AER authorisations as Online Power and Gas (trading as Future X Power/Silver Asset Services). Their arrears and disconnection processes are designed based on AER Retail Exempt Selling Guidelines.
- Australian Energy Market Commission (AEMC)minorMarket development and rule making body for Australian energy markets. Silver Asset Services maintains membership as part of their industry engagement.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Silver Asset Services competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks1 record
Key highlights6 records
Customer concentration
Silver Asset Services social profiles
Digital presenceSilver Asset Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Silver Asset Services leadership team
Management profileNumber of profiles
Profiles4 records
Silver Asset Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Silver Asset Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Silver Asset Services
What does Silver Asset Services do?
Silver Asset Services designs, implements, and manages embedded utility networks for multi-tenanted residential, commercial, and industrial buildings across Australia. As an AEMO-accredited embedded network manager, the company provides electricity, hot water, gas, air conditioning, broadband internet, solar, battery storage, EV charging, and LED lighting services via bulk purchasing at wholesale rates, bundled with end-to-end metering, billing, customer service, and regulatory compliance management.
Is Silver Asset Services a public or private company?
Silver Asset Services is a private company. It is classified as corporate owned and is currently operating.
When was Silver Asset Services founded?
Silver Asset Services was founded in 2003. It employs 11 to 50 people.
Where is Silver Asset Services based?
Silver Asset Services is headquartered in Brisbane, Australia, in the Oceania region.
How does Silver Asset Services make money?
Three revenue lines are on record. Embedded Network Management Fees are the primary driver. The others are bulk Utility Supply and infrastructure Installation Services.
Does Silver Asset Services have an API?
No public API is recorded for Silver Asset Services.
What industry is Silver Asset Services in?
Silver Asset Services's product category is Embedded Network Utility Management. Its primary akta.pro industry code is EUADABAA, Investor-Owned Electric Distribution Utilities (IOUs), with a secondary code of HSAPAQAF, Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers). Its NAICS code is 2211 and its SIC code is 4911.