X2M Connect (ASX:X2M) Launches Smart Energy Offer at Echuca Estate: Pipeline of Up to 5,800 Lots

Sonal Goyal

26 October 2026 04:14 PM AEDT

X2M Connect (ASX:X2M) Launches Smart Energy Offer at Echuca Estate: Pipeline of Up to 5,800 Lots

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Key Highlights

X2M Smart Energy launched at the 1,000-lot McMahon's Place estate in Echuca.
The company estimates an addressable market of about $11.8m across up to 5,800 lots.
Participating homes are estimated to save about $1,000 per annum in electricity costs.
This is the first deployment of the smart community solution in Australia.

X2M Connect Limited (ASX:X2M) announced on 26 October 2026 that X2M Smart Energy was launched the previous week at the McMahon's Place estate in Echuca, Victoria, at an event hosted by land developer Resi Ventures.

The launch

The launch followed a Smart Community Agreement with Resi Ventures announced on 2 April 2026 to offer X2M Smart Energy to purchasers across the 1,000-lot estate. The system, including solar and a home energy management system, has been installed at the sales office, where the Campaspe Mayor started a switchover from grid to solar.

Offer to purchasers

Subscribers can access a free home energy management system, upgraded rooftop solar installed by 1KOMMA5° and discounted home finance through NAB. X2M estimates participating homes will save about $1,000 per annum in electricity costs compared with typical 7-star homes.

Revenue opportunity

X2M estimates an addressable market of about $11.8 million across a smart community pipeline of up to 5,800 lots if all households adopt the product, including approximately $2 million at McMahon's Place.

Pipeline structure

X2M's Australian smart community pipeline of up to 5,800 lots comprises binding agreements at McMahon's Place (1,000 lots) and Glanmire Park in Yarrawonga (800 lots), and a non-binding MOU with Resi Ventures covering about 4,000 further lots in Victoria and Queensland. Revenue at McMahon's Place of about $2 million would be earned over a period set by the pace of lot sales and home construction.

Every home that takes up the offer connects its solar and major appliances to the home energy management solution, which controls when and how energy is used. The live installation at the sales office serves as a reference site.

Why This Could Matter

The $11.8 million figure assumes full adoption across the pipeline, so it describes the maximum scale of the opportunity rather than expected revenue. McMahon's Place is the first estate where the smart community solution has been deployed in Australia.

Summing Up

X2M Connect (ASX:X2M) launched its smart energy offer at Echuca and estimated an addressable market of about $11.8 million across up to 5,800 lots.

FAQs

Q: Where was the launch?

A: McMahon's Place, a 1,000-lot estate in Echuca, Victoria.

Q: What do purchasers receive?

A: A free home energy management system, upgraded solar from 1KOMMA5° and discounted NAB finance.

Q: What is the addressable market?

A: About $11.8 million across up to 5,800 lots if fully adopted.

Q: Who is the developer?

A: Resi Ventures Pty Ltd.

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