Ann: New Product Line, page-3

Locality Planning Energy Holdings Limited (ASX: LPE) (the Company) is pleased to announce the expansion of its product offering to Direct Market Customers (DMC) adding $1.7 Billion worth of electricity opportunities for the Company. The initial DMC uptake over the past month has been strong adding 4GWh alone to LPE’s energy Under Management (UM).
Highlights
• New product line increases LPE’s addressable strata market by 180% to $2.7 billion per annum
• DMC offering is tailored to those communities where an LPE embedded network is not viable
• Easy switch over with no upfront capital costs or lock in contracts
• The new product is open to anyone living in Southeast Queensland, with expansion to all states in coming months)
• Margins to the Company are similar to an LPE embedded network
• LPE expect significant growth through its one-to-many sales model leveraging on its existing relationships