Zenergy Completes Installation of Zero Cost Contract with Central Texas Chain of Grocery Stores
Dallas, TX, Feb. 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Zenergy Brands, Inc. (OTCPK: ZNGY), the nation’s next-generation utility, announced today that it has completed the installation obligations of a Zero Cost Program™ agreement with La Fiesta Supermarkets, a regional chain of grocery stores, located throughout Central Texas.
The Zero Cost agreement with the supermarket chain encompasses a 7-year term for energy efficiency, energy conservation and smart control technology across all of its locations. In turn, La Fiesta Supermarkets will achieve a 34% reduction in electricity consumption associated with lighting, 22% reduction in electricity consumption with its HVAC usage and a 29% reduction in electricity consumption with its refrigeration usage.
“In our experience, going green comes at a cost premium. The Zero Cost Program™ is changing the game for us. We can now be more environmentally responsible while at the same time add dollars to our bottom line,” said Ron Catlett, Senior Vice President of La Fiesta.
“It is a privilege for us to be able to serve such a great company and highly respected brand in the community like La Fiesta Supermarkets,” said Alex Rodriguez, CEO of Zenergy.
In addition, Zenergy has also deployed its first iteration of peripherals for real-time reporting and controls as part of the Zenergy-Cloud offering.
Through the Zero Cost Program™, Zenergy provides conservation and sustainability products to commercial, industrial and municipal end-use customers at no upfront cost while reducing demand on the respective power grid. The program is designed to reduce a customer’s utility (electricity, natural gas and/or water) consumption by 20 to 60 percent through energy conservation and smart control technology installed and maintained at the customer’s premise.
As a result of the Zero Cost Program™, La Fiesta is forecasted to experience an overall 27% reduction in annual electricity consumption; moreover, Zenergy estimates that this reduction is equivalent to removing 2.7 million pounds of CO2 emissions from the atmosphere – or over 1,440,000 pounds of burning coal each year.
A running data computation of the environmental impact of Zenergy’s Zero Cost Program™ to date is on display at the company’s website; www.whatiszenergy.com.
Prospective clients wanting to learn more about the Zero Cost Program™ can do so by visiting Zenergy online at www.whatiszenergy.com.
ABOUT ZENERGY BRANDS, INC.
Zenergy Brands, Inc. (OTCQB: ZNGY), is a next-generation energy and technology company operating in the emerging smart energy/utility industry. The Company provides energy conservation, smart controls, and efficiency-based products and services as a fully integrated energy company. Zenergy is a public company, fully reporting to the SEC and currently trading on the OTCQB, a venture market designed for early-stage and developing U.S. and international companies. To learn more, visit www.whatiszenergy.com and connect with the Company on its social media accounts:
This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to some risks, uncertainties, and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the critical factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks detailed in the Company’s filings, which are on file at www.OTCmarkets.com.
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