What SRS Power does

SRS Power Pty Ltd is an Australian privately held manufacturer of low-voltage electrical switchgear, prefabricated transportable buildings, and custom sheet metal products, headquartered in a 6,500sqm integrated facility in Dandenong South, Victoria. The company operates three divisions under one roof: Electrical (Motor Control Centres up to 4,500A main busbars, Main Switchboards, Protection Panels, Distribution Boards, Control Panels, Communication/RTU-SCADA Panels, Marshalling Boxes, and licensed Siemens Sivacon S8 products rated to 7,000A with arc resistance per IEC/TR 61641), Buildings (prefabricated switch rooms, control rooms, battery rooms, kiosks, amenities rooms, O&M buildings, REFCL buildings, and containerized REB/PER/SER solutions with structural steel platforms), and Sheetmetal (custom enclosures, swing frame cabinets, modular fixed frames, and laser/turret/brake-press fabrication with powder coating). The company's manufacturing rights extend to licensed Siemens Sivacon S8 and Eaton xEnergy switchboard platforms, supported by AS/NZS 61439 compliance, ISO 9001:2015 certification, and NESMA accreditation.

The company is 100% Australian-owned and founder-led, with Tony Sipos as Managing Director and George Sipos as Director/Mentor. Founded as Sipos Electrical Services in 1994 and consolidated under the SRS Power brand in 2015 following the merger of SRS Electric, SRS Metal Power, and SRS Specialised Portable Building, the group has expanded through acquisitions of Clive Wilson Switchboards (2006, NSW) and Comcell Switchboards (2009, merged into SRS Power in 2024). Customers are enterprise-grade and concentrated in Power Generation/Utility/Grid Infrastructure, Oil & Gas, Mining, Industrial Manufacturing, and Railway/Transport. Named clients include ABB Australia, AusNet Services, Powercor, Exxon Mobil, UGL Ltd, and Beon, with documented delivery on the Golden Plains Wind Farm, Victorian Desalination Plant, and Western Treatment Plant.

SRS Power generates revenue through project-based, quote-driven sales of custom-manufactured switchboards, prefabricated buildings, and sheet metal products, plus professional services for on-site installation, commissioning, and 24/7 breakdown support. Go-to-market is direct enterprise field sales with a formal credit application process for new accounts, marketing is largely website- and case-study-driven, and distribution is single-country (Australia, primarily Victoria and NSW). The company is privately held with no external funding, no public listing, and ownership concentrated within the Sipos family.

Name

SRS Power

Legal name

SRS Power Pty Ltd

Website

https://srspower.com.au

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

SRS Power is an Australian privately held manufacturer of low-voltage switchgear, prefabricated transportable buildings, and custom sheet metal products, serving utility, oil & gas, mining, and industrial enterprise customers across Victoria and NSW via a 6,500sqm integrated Dandenong South facility.

Ownership category

akta.pro rank

Product category

Electrical Switchboard Manufacturing

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314), Electrical Equipment Manufacturing (33531)

SIC

Switchgear & Switchboard Apparatus (3613), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA)

akta.pro secondary industries

Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK), Industrial Control Panels & Enclosures (Panel Building, MCCs, Integration) (IMAGABAJ), Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding) (EUAEAFAB)

Keywords

• Low voltage switchboards
• Motor control centres
• Prefabricated switch rooms
• Sheet metal fabrication
• Electrical engineering services

Headquarters

HQ city

Dandenong

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Switchboard and Electrical Equipment Sales: Design, manufacture, and sale of low-voltage switchboards including Sivacon S8, MCC, power switchboards, distribution boards, control panels and protection panels. Revenue is generated through product sales with project-based engagement.
2. Prefabricated Building Manufacturing: Design, manufacture, delivery, and installation of transportable switch rooms, control rooms, battery rooms, kiosks, and other modular buildings. Includes site installation services and commissioning.
3. Sheet Metal Component Manufacturing: Custom sheet metal fabrication for external customers and internal use. Products include enclosures, kiosks, swing frame cabinets, marshalling boxes, and customized parts from steel, aluminium, stainless steel and copper.
4. Engineering and Maintenance Services: Electrical engineering design services, on-site installation, commissioning, and maintenance services including 24/7 emergency support for fault or breakdown situations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

SRS Power designs, manufactures, and delivers low-voltage switchboards, motor control centres, prefabricated transportable buildings (switch rooms, control rooms, battery rooms, kiosks), and custom sheet metal enclosures. The company operates three integrated divisions (Electrical, Buildings, Sheetmetal) from a 6,500sqm Dandenong South facility, providing turnkey services from engineering design through manufacturing, installation, and commissioning for enterprise customers in power, utility, mining, oil & gas, rail, and industrial sectors. Licensed manufacturer of Siemens Sivacon S8 and Eaton xEnergy switchboard technologies.

Product overview

SRS Power is one of the largest switchboard manufacturers in Australia, operating three main divisions: Electrical, Buildings, and Sheetmetal. The Electrical division offers Motor Control Centres, Main Switchboards, Protection Panels, Distribution Boards, Control Panels, Communication Panels, and Marshalling Boxes, including licensed Sivacon S8 switchboards (Siemens). The Buildings division manufactures prefabricated transportable switch rooms, control rooms, battery rooms, kiosks, amenities rooms, O&M buildings, REFCL buildings, and containerized solutions with associated platforms and site works. The Sheetmetal division produces custom enclosures, swing frame cabinets, modular fixed frames, and marshalling boxes with services including laser cutting, turret punching, brake pressing, and powder coating. The company operates as a unified platform with interconnected divisions that support each other, providing turnkey manufacturing from design through to installation and commissioning.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Control Centres (MCC) Motor Control Centres designed, manufactured, and tested in Australia per AS/NZS 61439 standards for industrial and utility customers, featuring modular bolted construction with ratings up to 4500A main busbars and IP54 protection.
• Main Switchboards Modular main switchboards with small footprint, featuring fixed, removable, and withdrawable units with protection up to IP55, designed in accordance with IEC 61439-2 for enterprise power distribution applications.
• Protection Panels Protection and control panels for substation and industrial applications, with manufacture, assembly, wiring, Factory Acceptance Tests, point-to-point testing, and 'As Built' documentation.
• Distribution Boards Wall or floor mount distribution boards available in fully welded or modular construction, with multiple gland plate options and customization per customer specifications.
• Control Panels Control panels with point-to-point testing and 'As Built' documentation, available in fixed and swing frame enclosure options for industrial automation applications.
• Communication Panels (RTU/SCADA) Communication panels with fixed or swing frame options, modular configuration, and in-house engraved labels for RTU/SCADA applications in utility and industrial networks.
• Sivacon S8 Low Voltage Power Distribution Siemens Sivacon S8 modular switchboard licensed to SRS Power. Power distribution board or Motor Control Centre for industrial applications, design-verified to IEC 61439-2 with arc resistance up to level 4 and ratings up to 7,000A.
• Marshalling Boxes Marshalling boxes manufactured in mild steel, aluminium, or stainless-steel enclosures with flexible equipment mounting options for substation and industrial wiring applications.
• Site Works Services On-site installation, cabinet and panel installation, inter-panel wiring and testing, fiber optic and ethernet cable installations, equipment modifications, and breakdown support for enterprise customers.
• Prefabricated Switch Rooms and Control Rooms Prefabricated transportable switch rooms and control rooms fitted with fire systems, VESDA, CCTV, ingress protection, and factory pre-commissioning to reduce on-site installation time for utility and industrial customers.
• Prefabricated Battery Rooms Prefabricated battery rooms with configurable ingress protection ratings for substation and renewable energy applications.
• Kiosks Industrial kiosks with configurable IP degree of protection, Australian Standards compliance, and installation of LV/MV/HV switchgear for outdoor utility and infrastructure applications.
• Amenities Rooms Prefabricated amenities rooms fitted with toilets, shower, lunch area, and office furniture as requested for site personnel at industrial and remote installations.
• O&M Buildings Combined Office and Maintenance Buildings with integrated Control Room functionality, prefabricated for industrial and utility applications.
• REFCL Buildings Prefabricated buildings purpose-built for Rapid Earth Fault Current Limiting (REFCL) installations in utility networks.
• Containerized Solutions Sea container conversions and new prefabricated building types in REB, PER, and SER configurations for transportable site installations.
• Platforms, Support, Landing and Stairs Structural steel platforms, stairs, and handrails with galvanized finishes, manufactured in-house with CNC precision and hot-dip galvanizing for industrial site infrastructure.
• Building Design Services Structural design, 3D building modelling in SolidWorks, retrofit design, building services design, HVAC design, cable tray layouts, and earthing systems design services for prefabricated building customers.
• Indoor/Outdoor Enclosures Indoor and outdoor enclosures manufactured in stainless steel, mild steel, galvanised, or aluminium with configurable lock systems, earth continuity, powder coating, and ingress protection options.
• Swing Frame Cabinets Swing frame cabinets in mild steel or galvanised finish, available in sizes from 1 to 48 rack units for electrical and networking applications.
• Modular Fixed Frame Enclosures Modular fixed frame enclosures for various industrial applications, customisable to customer requirements.
• Customized Sheet Metal Parts Custom sheet metal components manufactured to customer specifications using laser cutting, CNC punching, and bending in steel, aluminium, stainless steel, and copper.
• Powder Coating Services Full colour range powder coating services with configurable coating thickness per customer request for manufactured enclosures and parts.
• Sheet Metal Design Services Sheet metal design services including enclosure 3D modelling and detailing, CAM programming for laser cut and turret punching, re-engineering, and prototyping for external and internal customers.

Quantifiable outcome

• Delivered Golden Plains Wind Farm prefabricated control buildings on time and meeting all specifications
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• SiemenscoreTechnology or IntegrationSRS Power is a licensed partner to manufacture Sivacon S8 modular switchboards. This partnership enables the company to produce power distribution boards and Motor Control Centres (MCC) up to 7,000A, design-verified per IEC 61439-2 with arc resistance testing per IEC/TR 61641.
• EatoncoreTechnology or IntegrationSRS Power received a license from Eaton in 2016 to manufacture xEnergy switchboards, expanding their product portfolio and manufacturing capabilities for low-voltage switchgear.
• NESMA (National Electrical Switchboard Manufacturers Association)coreOthersNESMA accreditation provides industry recognition and standards compliance for switchboard manufacturing. SRS Electric NSW was originally NESMA members acquired through Clive Wilson Switchboards in 2006.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Ampcontrol: Australian manufacturer of electrical and electronic equipment including switchgear, substations and motor control systems serving mining, utilities and hazardous-area industrial markets. Comparable in product family (LV switchgear, MCCs, prefabricated buildings) and customer base overlap.
• Nilsen Electric: One of Australia's largest privately-owned electrical contractors and switchboard manufacturers, with industrial and utility customers across the eastern seaboard. Highly comparable to SRS Power in target market (energy, infrastructure), product scope (LV switchboards, MCCs) and Australian geographic focus.
• Rittal Australia: Australian arm of the German global enclosure and switchboard manufacturer, offering modular enclosures and panel-building systems across Australia. Comparable to SRS Power's sheet metal and enclosure products, with overlap in switchboard cabinet and modular frame offerings.
• Elsteel Australia (Elsteel Modular Enclosure Systems): Provider of modular switchboard and enclosure systems in Australia with a similar panel-builder licensing model (partnering with global OEMs). Highly comparable to SRS Power's modular low-voltage switchboard offering and licensed manufacturer positioning.

Broad incumbents

• Siemens Australia: Australian arm of Siemens, licensor of Sivacon S8 technology to SRS Power and a global manufacturer of LV switchboards. Comparable across switchboard and substation product range and shared enterprise customer base, with SRS Power addressing Siemens' mid-sized and specialty project work.
• Legrand Australia: Australian arm of the global Legrand group, offering industrial enclosures, distribution boards and low-voltage electrical systems. Comparable in distribution boards, enclosures and LV switchboard adjacencies, with broader product portfolio across commercial and industrial segments.
• Schneider Electric Australia: Australian subsidiary of global electrical equipment major with switchboard, motor control, panel-building and prefabricated substation offerings. Comparable to SRS Power across product portfolio and customer base, with broader product breadth and global scale.
• ABB Australia: Australian arm of global electrical equipment giant ABB, manufacturing and supplying low/medium-voltage switchgear, motor control and protection panels. Directly comparable as both an LV switchboard supplier and as a customer of SRS Power (ABB Australia relationship noted in customer list).
• Eaton Australia: Australian subsidiary of Eaton — both a licensor of xEnergy technology to SRS Power and a competing manufacturer of low-voltage switchboards and motor control centres. Closely comparable in product family; dual customer-competitor relationship with SRS Power.
• NHP Electrical Engineering Products: Major Australia/NZ electrical product manufacturer and distributor (part of Midland-Ross/Spectris history, privately owned). Comparable as a broad industrial electrical equipment incumbent with overlapping switchboard, motor control and motor protection offerings across similar end markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SRSELECGROUP
• LinkedInlinkedin.com/company/srs-power-pty-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SRS Power