X2M Launches Smart Energy Offer at First Australian Estate
X2M Smart Energy has launched at the 1,000-lot McMahon’s Place estate in Echuca, its first Australian smart community deployment, with a live system demonstrated at the sales office. X2M estimates potential revenue of approximately $2 million at the estate and approximately $12 million across a pipeline of up to 5,800 lots if all households adopt the offer; the wider pipeline includes binding agreements and a non-binding memorandum of understanding. Participating homes are estimated to save approximately $1,000 a year on electricity compared with typical 7-star homes with minimal solar.
Closing price · 2026-10-26: $0.004 · -20.00%