A NOX Energy IPS retails at AUD$425 per unit + GST. Installation of the sockets varies, depending on the structure and size of the premises. We typically see an average total cost of installation per unit of AUD$500 to AUD$1000. Installation of multiple units will also reduce the total costs.
A payment-processing fee of 7.5% is payable on each NOX App wallet top-up transaction. For example, if the wallet top-up value is AUD$10.00, then a payment processing fee of AUD75c is payable on the transaction of the top-up. No transaction fees are incurred on completion of each charge session.
kWh pricing is charged based on the main meter holder’s (building strata, etc) supply costs. This pricing is supplied by the meter holder to NOX Energy, to be used in the charge cost calculation. A NOX Energy management fee of AUD4c/kW is also applied per each charging session.
The NOX Energy IPS solution is a metered intelligent power socket. The solution is based on the premise that an EV trickle charger is plugged into the power socket and the NOX NMS is used to monitor and cost the EV charging session.
Currently in Australia, new EV cars are generally supplied with a trickle charger to allow at home charging. EV manufacturers that do not supply these as standard may have them as a selectable option or direct EV owners to 3rdparty suppliers. Although the specific type and specification of each trickle charger may vary, they are generally considered a Level 1 charger ranging from 8A-15A.
Copyright @ 2024 NOX Energy PTY LTD
Charlie is based in Melbourne and previously led Accenture’s Utilities practice for Latin America, 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 EV’s 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 to work in the net zero, P2P, and eMobility space through advisory roles across several organisations and through his work as managing director of Velocious Investments and Consulting. It was through this work that he and Wylie began discussing how to overcome the charging access hurdle in EV adoption. NOX Energy, and specifically, the IPS is intended to democratise access to EVs for everyone by overcoming that hurdle.
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 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 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 was the Managing Director at MOX Australia Pty Ltd, an industrial and buildings automations company. He is in charged with overseeing the company’s operations in the Asia Pacific Region, encompassing Australia, Malaysia, Singapore, Thailand, the UAE, and Israel. A graduate of The University of Queensland with a specialization in Software Engineering.
His journey within MOX Australia spans a rich tapestry of experiences, ranging 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 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 managing partner, overseeing distribution and sales for the Asia-Pacific region. Under his management, LWE rose to prominence as one of the leading exporters of Barossa wine in the nation.
In 2019, he co-founded “Uollar”, a cryptocurrency investment platform based out of Hong Kong.
In 2023, NOX Energy was born out of the realization of the challenges faced by multi-unit residents when transitioning to electric vehicles (EVs). Today, NOX has created an integrated solution that offers property owners a simple and affordable charging infrastructure which will transform the way Australians power their vehicles.
