Case Study: Twin Waters

About Twin Waters

Twin Waters is an 8-level, 23-unit residential complex located on the South Perth Peninsula. Built in 1983, the building’s electrical infrastructure needed upgrades to meet modern standards and support EV charging.

With several residents either purchasing or considering EVs, they needed a solution that would meet immediate demand while remaining equitable and fully scalable in the future.

Most importantly, they needed to minimise impact and infrastructure upgrades to a building that is 40+ years old.

Barriers to EV Charging

As a 43-year-old building, Twin Waters’ main switchboard (MSB) was not compliant with modern standards and required remedial works. This, along with the need for a new dedicated EV distribution board and trenching across a parking lot, meant that the ‘backbone’ works were not insignificant.

However, none of these challenges was insurmountable, and the building recognised that the MSB upgrade needed to be done regardless of whether EV charging was added.

Taking a pragmatic approach, they worked with NOX and their electrical partner, Your Next Electrician, to divide the work between building upgrades and last-mile installation for residents.

The NOX Energy Solution

The installation commenced with 12 residents opting in. During the installation, one additional resident signed up, bringing the total to 13 devices. All were installed after the MSB upgrade, the new EV DB installation, and trenching completion.

Each resident pays only for the electricity they use, with automated billing and operator reimbursement handled entirely by the NOX platform.

NOX handles all billing, load management, maintenance, and resident support. Zero admin burden on the operator.

Results

Although Twin Waters is an older building, it can still provide scaled EV charging for all residents.

With 13 10A IPSs installed, nearly 60% of Twin Waters residents now have access to their own private EV charger. Additionally, the building’s electrical infrastructure is now fully compliant with 2026 standards.

Key Project Findings:

  • 13, 10A IPS units installed
  • 23-apartment building, South Perth, WA
  • $1,500 per IPS— fully installed
  • $13,000 for a main switchboard (MSB) Upgrade
  • $20,000 for a new EV distribution board and EV backbone

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Will Ransom

Will Ransom

Head of Field Application Engineering

Will Ransom is a certified electrician and CEO/Founder of ModTech Group

He has several qualifications and extensive experience across data, communications, and EV charging. Will and ModTech Group have spent the past 15 years serving the bespoke electrical needs of the thoroughbred racing, gaming, and strata industries. These projects have run the gamut from traditional electrical installations to incredibly unique low-lag GPS and broadcast/video work.

Beyond that, he has been an early pioneer in strata EV installations and, through that work, has identified the need for a product like the IPS to provide charging while utilising legacy electrical infrastructure. 

Will leads both the field testing and NOX Certified Technician program, relentlessly focusing on ensuring our products are safe, fit for purpose, high quality, and easily installed.

Charlie Richardson

Co-founder and Chief Operating Officer

Charlie is based in Melbourne and previously led Accenture’s Utilities Practice for Latin America, the Middle East, Africa, Asia, Australia, and New Zealand. This practice, which included a $700M portfolio, 5000+ individuals, and 75+ clients, covered all elements of generation, transmission and distribution, and retail across the gas, water, and electricity value chain. 

He has been an active member of the sustainability, renewable energy, and electric vehicle communities for 25+ years. His passion for EVs culminated in founding and leading Accenture’s eMobility practice for Asia Pacific with a mandate to help decarbonise Australia and the world.

He has continued working in the net zero, peer-to-peer (P2P) network, and eMobility space through advisory roles across several organisations and as managing director of Velocious Investments and Consulting.

Through this work, he and NOX Energy’s CEO and Founder, Wylie Chak, discussed overcoming the charging access hurdle in EV adoption. NOX Energy, specifically the IPS, is intended to democratise everyone’s access to EVs by overcoming that hurdle.

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Nick Bishop

Adviser

Nick Bishop has 25+ years of experience in the financial industry. He held leadership positions at Aberdeen Asset Management and Gresham Partners as the Head of Australian Fixed Income and Managing Director, respectively. Nick co-founded Bishop & Fang Capital Advisory, covering both government and private sector.

His experience spans capital markets, funding, investment management, and advisory. He has been involved in capital raises on both Web3 and Web2 platforms. Nick is a founding member of the Aus DeFi Association.

Anna Turkington

Adviser

Anna Turkington is an experienced marketing and communications specialist and founder of Get You Known, a boutique creative agency focused on delivering comprehensive marketing solutions that contribute to the long-term sustainability and increased visibility of businesses.

Anna is highly skilled in digital media, strategic communications, and brand development. Her professional experience includes senior marketing roles in the medical technology, education, and lifestyle sectors.

Anna has successfully developed and launched numerous brands across the lifestyle, education, technology, retail, health and fitness, legal, and healthcare sectors.

Evan Beaver

Adviser

Evan Beaver is the CEO of Chargeteam, a specialist consultancy focused on EV charging and distributed energy resources.

Evan has a decade-long tenure in executive engineering roles within the EV charging and energy storage industry. Notable achievements include spearheading the Chargefox Ultra-rapid Network and establishing Tesla’s presence in Australia.

Evan’s expertise spans from boardroom negotiations to on-site project management, with a proven ability to secure capital and successfully execute grant programs.

Matthew Yates

Co-founder

Matthew Yates was the managing director of MOX Australia Pty Ltd, an industrial and building automation company. He oversaw the company’s operations in the Asia Pacific Region, encompassing Australia, Malaysia, Singapore, Thailand, the UAE, and Israel. Matthew is a graduate of The University of Queensland with a specialisation in Software Engineering.

His journey within MOX Australia spans a range of experiences, from product development to precision manufacturing and seamless supply chain management. His dedication and expertise have been pivotal in shaping NOX Energy’s integrated EV charging solution.

Wylie Chak

Co-founder and Director

Wylie Chak is a seasoned banker with a passion for entrepreneurship and tech start-ups. With an impressive track record, he garnered valuable experience at prominent financial institutions, including Deutsche Bank, HSBC, and the Commonwealth Bank of Australia.

In 2015, he embarked on a new journey, joining Lindsay Wine Estate (LWE) in Australia as a managing partner, overseeing distribution and sales for the Asia-Pacific region. Under his management, LWE rose to prominence as one of the nation’s leading exporters of Barossa wine.

In 2019, he co-founded “Uollar”, a cryptocurrency investment platform based out of Hong Kong.

In 2023, NOX Energy was born out of realising the challenges faced by multi-unit residents when transitioning to electric vehicles (EVs). Today, NOX Energy has created an integrated solution offering property owners a simple and affordable charging infrastructure that will transform how Australians power their vehicles.