Ontario-based tech company Kontrol Energy (CSE: KNR) (FSE:
1K8) engages in the integration of smart-energy technologies and solutions to
deliver energy cost savings and reduced greenhouse gas emissions to both
commercial and industrial properties. The company is utilizing this strategy to
help companies cut costs in the booming cannabis industry. An article
discussing the company reads, “Energy costs are a big part of the equation.
Using traditional growing methods, it takes about 2,000 kilowatt-hours (kWh) of
electricity to produce a pound of cannabis product. That’s roughly the same energy
consumption as an average household over a period of two to three months. To
produce 1,000 pounds per annum would cost C$188,000 at the current mid-peak
price of 9.4¢ per kWh — much, much more (C$264,000) at the on-peak price of
13.2¢ per kWh (http://ibn.fm/dUPil).
. . . However, Kontrol Energy is offering ways to cut those costs. In July
2018, the company announced that it was entering the North American cannabis
market as a supplier of integrated energy efficiency solutions and
technologies (http://ibn.fm/Gz7Xs).
Through its operating subsidiaries and its most recent energy technology
acquisition, Kontrol is focused on assisting cannabis growers reduce their
costs of energy.”
To view the full article, visit http://ibn.fm/AKcxA
About Kontrol Energy Corp.
Kontrol Energy (CSE: KNR) (FSE: 1K8) is a leader in the
energy efficiency sector through IOT, cloud and SaaS technology. With a
disciplined mergers and acquisition strategy, combined with organic growth,
Kontrol Energy provides market-based energy solutions to its customers designed
to reduce their overall cost of energy while providing a corresponding reduction
in greenhouse gas (GHG) emissions. For more information, visit the company’s
website at www.KontrolEnergy.com.
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