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From Gas to Electric: The Australian Commercial Building Electrification Playbook (2026)

Summary: Commercial building electrification in Australia costs $150–$400 per square metre depending on building age and systems complexity, with typical payback of 4–8 years. The priority sequence is: 1) LED lighting upgrade ($15–$30/m², 1–2yr payback), 2) Heat pump HVAC ($80–$150/m², 5–8yr payback), 3) Heat pump hot water ($20–$40/m², 3–5yr payback), 4) Rooftop/carpark solar ($50–$100/m², 3–5yr payback), 5) EV charging infrastructure ($3,000–$8,000/port). Buildings achieving 5+ star NABERS ratings command 8–12% lease premiums. Cable Co manages 24/7 facilities management command centres for data centres and government buildings, applying the same operational rigour to commercial electrification projects.

By · · Updated · 15 min

Why Commercial Buildings Must Electrify Now

Commercial buildings account for 25% of Australia's total electricity consumption and 18% of gas consumption. The CEFC's Commercial Buildings Electrification Roadmap (2026) identifies $4.7 billion in electrification opportunities across the sector — with average returns exceeding 15% IRR.

Three forces are making electrification urgent:

1. Gas price trajectory is permanent. The ACCC confirms wholesale gas prices have risen 67% since 2021. Unlike electricity (which can be generated on-site via solar), gas has no self-supply option. Every year you delay electrification, your operating costs increase.

2. NABERS ratings drive lease value. A 2025 JLL study found that commercial buildings with 5+ star NABERS Energy ratings command 8–12% lease premiums over 3-star equivalents. For a 5,000m² office, that's $200,000–$400,000/year in additional rent. Electrification is the fastest path to higher NABERS ratings.

3. Tenant expectations are shifting. 78% of ASX200 companies now have net-zero commitments. They're actively seeking buildings that support their Scope 2 and Scope 3 reporting. A gas-dependent building is increasingly unleasable to premium tenants.

"We manage 24/7 facilities for data centres and government buildings where uptime is non-negotiable. The same engineering rigour applies to commercial electrification — you can't just swap equipment and hope it works. You need load modelling, redundancy planning, and continuous monitoring. That's what our command centre delivers." — Mark Willis, Head of Renewables & Electrification, Cable Co

The Commercial Electrification Priority Sequence

Priority 1: LED Lighting (Immediate ROI)

Cost: $15–$30/m²

Savings: 50–70% of lighting energy

Payback: 1–2 years

NABERS impact: +0.5–1.0 stars

This is the lowest-hanging fruit. LED retrofits in commercial buildings typically pay for themselves within 18 months through reduced energy consumption and reduced cooling load (LEDs produce 80% less heat than fluorescent, reducing HVAC demand).

Priority 2: Heat Pump HVAC (Largest Single Impact)

Cost: $80–$150/m² (full system replacement)

Savings: 30–50% of HVAC energy + elimination of gas heating

Payback: 5–8 years

NABERS impact: +1.0–2.0 stars

HVAC represents 40–60% of commercial building energy consumption. Replacing gas boilers and inefficient chillers with modern heat pump systems (VRF/VRV) delivers the largest single improvement in building performance.

SystemCOP (Heating)COP (Cooling)Annual Cost/m²
Gas boiler + chiller (existing)0.853.0$18–$28
Heat pump VRF (new)4.55.5$8–$14
Savings$10–$14/m²

For a 5,000m² commercial building: annual HVAC savings of $50,000–$70,000.

Priority 3: Heat Pump Hot Water (Quick Win)

Cost: $20–$40/m² (commercial heat pump system)

Savings: 60–75% of hot water energy

Payback: 3–5 years

NABERS impact: +0.3–0.5 stars

Commercial heat pump hot water systems (Sanden, Reclaim, Rheem Commercial) operate at COP 4.0–5.5, producing 4–5.5 units of heat per unit of electricity. When powered by rooftop solar, operating cost approaches zero.

Priority 4: Rooftop and Carpark Solar

Cost: $50–$100/m² of panel area (typically 30–100kW systems)

Savings: $0.25–$0.35/kWh generated (avoided grid purchase)

Payback: 3–5 years

NABERS impact: +0.5–1.5 stars (depending on system size relative to consumption)

Commercial solar systems benefit from higher self-consumption rates than residential (80–95% vs 30–40%) because commercial buildings consume energy primarily during solar generation hours.

System SizeAnnual GenerationAnnual SavingsInstalled Cost
30kW43,800kWh$13,100$35,000–$45,000
50kW73,000kWh$21,900$55,000–$70,000
100kW146,000kWh$43,800$100,000–$130,000
200kW292,000kWh$87,600$180,000–$240,000

Priority 5: EV Charging Infrastructure

Cost: $3,000–$8,000/AC port, $45,000–$120,000/DC charger

Revenue: $2,000–$8,000/port/year (user-pays model)

Payback: 1.5–4 years (with incentives)

NABERS impact: Indirect (supports tenant sustainability goals)

EV charging is increasingly a lease requirement. Install now while government incentives cover 30–50% of costs.

The 24/7 Command Centre Approach to Commercial Electrification

Cable Co doesn't just install equipment and leave. Our facilities management command centre — the same infrastructure managing Tier 4 data centres and federal government buildings — provides continuous operational oversight for every commercial electrification project.

What this means for building owners:

ServiceWhat We MonitorResponse Time
HVAC performanceCOP, runtime, fault codes, refrigerant pressure<15 minutes
Solar generationOutput vs expected, inverter faults, panel degradation<5 minutes
Battery cyclingState of charge, degradation curve, cell balanceContinuous
EV chargersAvailability, fault detection, usage analytics<15 minutes
Energy consumptionReal-time vs baseline, anomaly detectionContinuous
NABERS trackingLive rating estimation, improvement recommendationsMonthly report

Why this matters: A commercial heat pump system that develops a refrigerant leak loses 20–40% efficiency before anyone notices on a quarterly energy bill. Our command centre detects the performance drop within hours and dispatches a technician before the energy waste compounds.

Compliance and Regulatory Framework

NABERS (National Australian Built Environment Rating System)

NABERS Energy ratings are now effectively mandatory for commercial buildings over 1,000m² (CBD disclosure requirements). Electrification is the most cost-effective path to higher ratings.

Current RatingTarget RatingTypical InvestmentAnnual SavingsLease Premium
2.5 stars4.0 stars$120–$200/m²$8–$14/m²4–6%
3.0 stars4.5 stars$80–$150/m²$6–$10/m²6–8%
3.5 stars5.0 stars$60–$120/m²$4–$8/m²8–10%
4.0 stars5.5 stars$40–$80/m²$3–$5/m²10–12%

Section J (NCC 2022) — Energy Efficiency Requirements

All new commercial buildings and major renovations must comply with Section J of the National Construction Code. Key requirements:

  • Maximum glazing-to-wall ratios
  • Minimum insulation R-values
  • HVAC system efficiency minimums
  • Lighting power density limits
  • Renewable energy provisions (NCC 2025 update)

Commercial Building Disclosure (CBD) Program

Buildings over 1,000m² must disclose NABERS ratings to prospective tenants and buyers. Poor ratings directly impact leasing outcomes and property valuations.

Financial Modelling: Complete Electrification of a 5,000m² Office

Building: 5,000m² Grade B office, built 1995, gas HVAC + HW, current NABERS 3.0 stars

UpgradeCostAnnual SavingsPayback
LED lighting retrofit$100,000$55,0001.8 years
Heat pump VRF HVAC$500,000$65,0007.7 years
Heat pump hot water$120,000$28,0004.3 years
100kW rooftop solar$120,000$43,8002.7 years
30-port EV charging$150,000$36,0004.2 years
BMS upgrade + monitoring$80,000$20,0004.0 years
Total$1,070,000$247,8004.3 years

Additional value:

  • NABERS improvement: 3.0 → 5.0 stars
  • Lease premium (10%): +$400,000/year
  • Gas supply elimination: $15,000/year saved
  • Total annual benefit: $662,800
  • True payback: 1.6 years (including lease premium)

Cable Co's Commercial Electrification Capability

Scale: We deliver 50+ electrification installations per week across SA, ACT, QLD, NSW, and WA — spanning residential, commercial, and industrial sectors.

24/7 operations: Our facilities management command centre runs around the clock, managing critical infrastructure for data centres and government clients. The same monitoring and response capability is available for commercial electrification projects.

Integrated delivery: Electrical infrastructure, solar, battery, HVAC, EV charging, and BMS — all under one contractor. No coordination between 5 different trades.

Compliance expertise: ASP Level 1 accredited, NECA member, ISO certified. We handle NABERS assessments, Section J compliance, network distributor applications, and council approvals.

Ongoing management: Post-installation, our command centre provides continuous performance monitoring, preventive maintenance scheduling, and NABERS rating tracking — ensuring your investment delivers its projected returns year after year.

Frequently Asked Questions

How much does commercial building electrification cost in Australia?

Commercial building electrification costs $150–$400/m² depending on building age, existing systems, and scope. A complete electrification of a 5,000m² office (LED, HVAC, hot water, solar, EV charging) costs approximately $1,070,000 with payback of 4.3 years from energy savings alone, or 1.6 years when including NABERS-driven lease premiums.

What is the best order to electrify a commercial building?

The optimal sequence is: 1) LED lighting ($15–$30/m², 1–2yr payback), 2) Heat pump HVAC ($80–$150/m², 5–8yr payback), 3) Heat pump hot water ($20–$40/m², 3–5yr payback), 4) Rooftop solar ($50–$100/m², 3–5yr payback), 5) EV charging ($3,000–$8,000/port). This sequence maximises early cash flow and builds toward higher NABERS ratings progressively.

How does electrification affect NABERS ratings?

Full electrification typically improves NABERS Energy ratings by 1.5–2.5 stars. A building moving from 3.0 to 5.0 stars commands 8–12% lease premiums (JLL 2025 data). For a 5,000m² office at $800/m² rent, that's $400,000–$480,000/year in additional rental income — often exceeding the total electrification investment.

Can commercial buildings eliminate gas completely?

Yes. Modern heat pump technology can replace gas for all commercial applications: space heating (VRF/VRV systems, COP 4.5), hot water (commercial heat pumps, COP 4.0–5.5), and cooking (induction). Gas supply charge elimination alone saves $5,000–$15,000/year for commercial buildings. The CEFC identifies $4.7 billion in commercial electrification opportunities nationally.

What is facilities management for electrified buildings?

Facilities management for electrified buildings involves 24/7 monitoring of all energy systems (solar, battery, HVAC, EV chargers) via a centralised command centre. Cable Co's FM command centre — the same infrastructure managing Tier 4 data centres — detects performance drops within hours, dispatches technicians proactively, and provides monthly NABERS tracking reports.