VIV 0.00% 2.5¢ vivid technology limited

Ann: Origin and Vivid Partner to Deliver Lighting-as-a-Service, page-16

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  1. 106 Posts.
    lightbulb Created with Sketch. 11
    The logic of a tie up makes a lot of sense for Origin.
    If they can get their Commercial and Industrial customers to sign up to long term contracts eg 5 -7 yrs. They should in theory be paying for the Matrixx systems and 'gifting them to their customers'.
    Read Cheap customer acquisition costs.
    Note the churn rate is around 25-30% for electricity customers on average. ie 1 in every 3.5x customers changes energy providers every year.
    Really hope this drives adoption. If it does could be a game changer ??
 
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