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…Choosing the time unit occupants use higher load appliances is limited…
This is the bit that worries me about sharing any electricity tariff with different rates at different times. What happens if some are very diligent about shifting loads to times of lower cost while other can’t be bothered? Would it lead to discord? Is there a mechanism for equitable cost sharing? On a flat tariff it is easy. A simple kWh counter in line with each unit allows for pro rata sharing.
BTW. EV charging and water heating are substantial loads that can usually be shifted fairly easily.
The plan is to install time of use meters, like this one (https://www.schnap.com.au/timers/2-pole-digital-timer.html) and bill units at the same rate as the electricity retailer. That will provide incentives to shift loads. Some units already have solar installed, so instead of sending power to the grid and getting the almost-nothing feed-in-tariff, they can feed power to other units for a price in between the feed-in-tariff and drawing power from the grid.
I believe that the law says you must be allowed to change your energy provider if you wish, regardless of who owns the rights to the embedded network. That allows for healthy competition, but it only applies to power supplies.
If someone wants to get out, they can pay for an electrician to put their SAPN meter back in.