Electric vehicle charging company ReadySteadyPlug has secured $1.51 million from the Australian Renewable Energy Agency (ARENA) under the Driving the Nation Program to roll out its Charging as a Service model in apartment and strata buildings. The grant will support installation of up to 428 charge points, with total project funding reaching $3.49 million including customer and company contributions. ReadySteadyPlug's platform uses standard power outlets with smartphone access control, cloud metering and dynamic load management to avoid switchboard upgrades.
Why it matters: The project demonstrates a funded pathway to address multi dwelling unit charging barriers through a pay as you go model that removes upfront capital costs for owners corporations. For CPOs and installers, the ARENA backed rollout signals growing procurement opportunities in the residential strata sector using Level 1 infrastructure that sidesteps expensive electrical upgrades.