- Global
market for energy-efficient buildings, products trending upward amid
growing attention to climate change concerns
- Zenergy’s
flagship Zero Cost Program largely responsible for company’s million-dollar
year-over-year revenue growth as an energy efficiency technology provider
- Company
drawing on $1.6 million in new funding with potential for up to $10
million as it advances Zero Cost Program, plans energy commodity sales
Energy consumers’ ability to efficiently manage their usage
is beginning to acquire the same importance as other environmental impact and
pollution reduction concerns, and next-generation energy utility companies such
as Zenergy Brands, Inc. (OTC: ZNGY) are working to make a better world possible.
For years, the science community has expressed interest in
evidence of changes to the earth’s climate on a significant scale. Media
reports have advanced warnings about potential long-term consequences on human,
plant and animal life resulting from trending changes in global surface
temperature, exemplified by sizeable glacial melting at the earth’s
poles (http://ibn.fm/PDsB9),
an increasing severity of extreme weather conditions (http://ibn.fm/ULNTH) and rising
sea levels flooding coastal real estate (http://ibn.fm/Ndd48).
An increase in greenhouse gases such as carbon dioxide,
methane, nitrous oxide and fluorocarbons attributed mainly to humanity’s
pollutants – particularly burned fossil fuels – gets the blame for the changing
climates. Many activists have spurred governmental policies that favor
pollutant reduction, such as the elimination of chlorofluorocarbons emitted
into the atmosphere and the multi-national signing of the Paris Agreement
accords that call for more electric vehicles to replace petroleum-fueled
cars (http://ibn.fm/rmaiW).
Zenergy’s virtual utility model promotes the smart use of
utilities to reduce energy consumption by eliminating wasteful behaviors. The
company’s flagship technological offering, the Zero Cost Program, employs a
Managed Energy Services Agreement (MESA) to deliver conservation solutions for
water, gas and electrical utilities. Under the MESA, Zenergy assumes the
responsibility for upfront costs related to putting the necessary equipment
retrofits in place or even building them into a new structure to suit the
client. The customers then pay a downward scaling part of their utility expense
savings to Zenergy over the term of the contract before deciding whether to
renew the contract every five to seven years.
The Zero Cost Programs’s energy-saving solutions include
HVAC and refrigeration motor controllers, load factor technologies,
building-envelope-based technologies, weatherization-based technologies, remote
access to smart controls and LED lighting. The program is designed to reduce
utility consumption by 20 to 60 percent through remote access and artificial
intelligence devices for residential, commercial, industrial and municipal
end-use customers alike.
As consumer awareness of climate change-related problems
grows, the global market for energy-efficient building solutions is expected to
increase to nearly $360.6 billion by 2026 from 2017’s reported $227.4 billion,
according to a report by Navigant Research (http://ibn.fm/hpl2Y). Likewise, the energy efficient
devices market is expected to grow to $908.49 billion by 2022 (http://ibn.fm/RsRMe).
The dawn of 2019 heralds a year of potential for Zenergy as
it works to take advantage of a recent agreement with a fund management group.
This will establish a $10 million debenture facility that provides an initial
tranche of funding of $1.6 million and the remainder over the course of the
arrangement through June 2021, if the lender approves it as a result of the
company’s performance (http://ibn.fm/FFVtT).
The company also intends to provide an in-house clientele for its Zero Cost
Program by rebounding from a canceled Texas retail electric provider (REP)
acquisition and re-entering the commodity sales business sometime after June as
a strictly B2B platform with a new wholesale energy distribution partner,
according to a statement by CEO Alex Rodriguez issued on January 7 (http://ibn.fm/oGjNc).
Zenergy’s revenues topped $1.2 million at the close of the
third quarter, primarily as a result of the Zero Cost Program, according to the
company’s most recent 10-Q filing, marking an exponential rise from $23,585 of
the prior year (http://ibn.fm/E8kvq).
For more information, visit the company’s website at www.ZenergyBrands.com
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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