- Zero Cost Program by Zenergy Brands expected to maximize its B2B and B2C appeal
- The program comes with no upfront expenditure for the customer, another factor that could contribute to rapid adoption
- Smart tech solutions aimed at reducing utility use are currently shaping up a lucrative market that’s expected to register sustainable growth by 2025
As awareness about environmental issues and sustainability continues to grow, Zenergy Brands, Inc. (OTC: ZNGY) is expected to popularize its Zero Cost Program even further. The Zero Cost Program makes it possible for Zenergy to upgrade older energy infrastructure and implement a variety of retrofits. Since no upfront expenditure is required, the program is set to attract both B2B and B2C customers.
Zenergy Brands is working toward becoming a facilitator of change for small and medium-sized clients in need of readily accessible sustainability solutions. Currently, the Texas-based company offers various smart energy, utility and conservation-based products and services. When a client is paired with Zenergy’s Zero Cost Program, utility consumption is expected to go down anywhere between 20 and 60 percent.
The Zero Cost Program is described as a “sustainability as a service” solution. Zenergy performs a best practices analysis pertaining to the usage of key utilities like electricity, water and natural gas. Based on this analysis, Zenergy makes recommendations to ensure sustainable consumption that will reduce the respective entity’s carbon footprint.
Smart controls, LED lights and building automation are some of the changes Zenergy envisions under the program. Based on the client’s needs, Zenergy could also implement efficient water systems, load factor correction and refrigeration optimization.
Under the terms of the agreement, customers pay a portion of the savings generated via efficiency upgrades to Zenergy. Hence, the model lacks upfront payments – a characteristic that boosts its attractiveness even further. The company is the party that accounts for the upfront cost of the upgrades and changes required to produce the more efficient utilization of resources.
Zenergy developed the program based on the Managed Energy Services Agreement (MESA). Under this legal document, the company is allowed to act as an intermediary between a customer and a utility company. This role enables Zenergy to install the upgrades required to reduce consumption. Each MESA is expected to last for a minimum of five years, and the average duration is about seven years.
The popularity of energy-efficient solutions is growing because of increased awareness about environmental issues and a better understanding of the financial savings that come from the adoption of sustainability measures. Such attitudes are expected to fuel the smart home market as well as other innovative conservation technologies. Home automation and energy conservation solutions are expected to generate a sales volume of $125.9 billion by 2025 (http://nnw.fm/4vMpc).
Zenergy aims to enable both homeowners and businesses to decrease consumption through smart energy use and management. This way, the company can increase the enterprise/property value for its customers while simultaneously facilitating a significant carbon footprint reduction.
For more information, visit the company’s website at www.ZenergyBrands.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
