- Zenergy
Brands, Inc.’s Zero Cost Program aims to help clients reduce utility
consumption without incurring upfront out-of-pocket expenses
- The
residential suite package offers customers cost-effective energy savings
through connected smart device controls
- The
acquisition of Enertrade Electric LLC heralds a new era for Zenergy Brands
as it launches into the REP space
Zenergy Brands, Inc. (OTC: ZNGY) is an energy and technology
company operating in the emerging, next-generation, smart energy utility and
conservation industries. Headquartered in Texas, Zenergy Brands is focused on
providing a wide range of cost-saving energy solutions to both residential and
enterprise customers. The products and services enable clients to not only
achieve sustainability goals but also reduce their carbon footprints and,
ultimately, add value to their bottom lines.
On June 29, 2017, through subsidiary Zen Technologies,
Zenergy Brands officially started customer installations as part of its first
Zero Cost Program (http://ibn.fm/rsxTZ).
This project involves the installation of smart controls, retrofits, energy
conservation technologies and efficiency upgrades at business premises.
The main feature of the Zero Cost Program is that it gives
clients a platform to take advantage of Zenergy Brands’ commercial offerings
without incurring new out-of-pocket expenses. It is a service contract under a
performance-basis regime that guarantees customers energy savings.
The Zero Cost Program contracts are financed by Coit Capital
Securities, an investment bank based in San Francisco. The expected reduction
in energy consumption under this program is between 20 and 60 percent.
Monitoring reports of the Zero Cost installations have shown
better performance in terms of energy conservation compared to the forecast.
This is true even where weather conditions are more severe than those recorded
in the baseline data.
The other solution Zenergy offers its customers is the
Residential Suite. This is a collection of Smart Home products targeted at
residential customers to help them with energy savings. The products in this
package include home automation systems, security monitoring and energy
conservation services. These can be controlled through smartphone technology
24/7. While the Zero Cost Program targets corporate clients and incentivizes
them to upgrade their legacy energy systems and devices, the residential suite
is aimed at homeowners.
As an additional component, the residential suite program
gives an opportunity for homebuilders and multi-family real estate residential
developers to provide high-end customers with Smart Home technologies.
On October 17, 2016, Zenergy Brands expressed interest
through a letter of intent to acquire Enertrade Electric LLC (http://ibn.fm/XxOUN). This is a
Retail Electric Provider (REP) based in Texas. On April 9, 2018, the
acquisition of the company was finalized, and it became part of Zenergy Brands,
Inc.
The acquisition of the company ushered in a new platform
that bolsters the existing smart control and energy conservation solutions
offered by Zenergy Brands. On October 1, 2018, Zenergy Brands announced that it
had finalized the name change of Enertrade Electric LLC to Zenergy Power &
Gas, Inc.
Zenergy Power & Gas, Inc., being a licensed REP, fits
perfectly into Zenergy Brands’ strategic plan to become a leading provider of
premier smart control solutions serving both residential and commercial
customers.
The global revenue for energy efficient solutions is
expected to grow tremendously heading to 2025. This will serve to firmly anchor
Zenergy Brands on a stable growth path as it enriches businesses through
responsible use and management of energy.
For more information, visit the company’s website at www.ZenergyBrands.com
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment