Zenergy Brands, Inc. (ZNGY) is “One to Watch”
Post# of 87
- Specializes in reducing utility expenses from 20% to as much as 60% through cutting-edge Zero Cost Program™
- Recently acquired Enertrade Electric LLC, a Texas-based Retail Electric Provider
- Global market for energy-efficient building technologies expected to reach $360 billion in 2026, while energy efficient devices market expected to reach $908 billion by 2022
- The tech savvy market is choosing energy efficient devices in effort to reduce carbon footprint and save money
Zenergy Brands, Inc. (OTCQB: ZNGY) is the nation’s leading next-generation energy and technology company operating in the emerging smart energy, conservation and utility industries. Headquartered in Texas, Zenergy provides an entire suite of conservation-based products and services that enable clients to achieve sustainability goals, reduce carbon emissions and improve their bottom line. The company’s cutting-edge Zero Cost Program™ reduces utility expenses by 20 percent to 60 percent by offering energy conservation, smart controls, and efficiency-based products and services to residential, commercial, industrial and municipal end-use customers.
The Zero Cost Program™ is a financing mechanism that allows customers in the commercial, industrial and municipal industries to reduce water, natural gas and electricity expenses by implementing proven conservation technologies at no out-of-pocket cost to the customer. The Zero Cost Program™ enriches businesses by immediately reducing energy consumption through the use of smart controls, building automation, LED lighting solutions, refrigeration optimization, efficient water system and EC motor control systems, demand-side management and load factor correction.
A unique managed energy services agreement allows a portion of these utility savings to be retained by Zenergy’s partner that is financing the upgraded, retrofit equipment and installation costs until a specified repayment period ends. After that, clients reap all the financial rewards of the technologies implemented, which Zenergy estimates should range between 25 percent to 45 percent in total utility costs.
Residential customers seeking out cost-effective energy savings can also choose from a suite of “Smart Home” products including home automation, security monitoring and energy conservation services that can be controlled 24/7 from the comfort and convenience of smartphones or internet-connected smart devices. Zenergy’s residential program offers partnership opportunities for homebuilders and residential multifamily real estate developers to provide smart home technologies to high-end customers.
Zenergy Brands acquisition of Enertrade Electric LLC, a reputable, fully operating, licensed Texas-based Retail Electric Provider (REP), further increases the company’s value proposition. Zenergy CEO Alex Rodriguez said this new subsidiary adds an essential complementary service to the company’s suite of smart energy products and services.
“Since our founding, our vision has been to converge smart controls (home and building automation) with energy conservation and retail energy to deliver the comprehensive smart energy service to customers,” Rodriguez said.
On a global scale, residential and commercial buildings account for nearly 45 percent of the world’s total energy consumption. Improving the energy efficiency of these homes and buildings is often a more affordable way to reduce harmful gas emissions while minimizing the need for new energy production. According to Navigant Research, global revenue for energy efficiency commercial building retrofits alone is expected to grow from $71.4 billion in 2016 to $100.8 billion in 2025. At the same time, the energy efficient devices market is expected to reach a market size of $908 billion by 2022. Increasing demands for reduction in energy consumption and greenhouse gas emissions along with concerns over climate change are contributing factors driving the market’s overall growth.
For more information, visit the company’s website at www.ZenergyBrands.com
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer