Net Zero Solutions
Helping companies reduce their energy costs and transition to lower carbon emissions with net zero solutions.
How Will the Government's Plan to Increase Carbon Prices Impact your Company?
Zenith Power can provide a customized review of your corporate energy consumption, outline the financial impact to your company of the federal government’s planned 78% increase to the current $95/tonne price on carbon, and provide profitable and actionable net zero solutions to help your company transition to a lower carbon emissions operation.
In December 2020, the Canadian Federal government announced plans to increase the price on carbon from the then-current price of $30/tonne to a price of $170/tonne in 2030 (as of 2026 the federally mandated minimum price on carbon is $95/tonne). The vast majority of companies, retail right up to large industrial, are exposed to this planned rising price on carbon through both their electricity and natural gas consumption, as well as other carbon-exposed components of their business.
Many companies implement strategies to stabilize their input, operating, and/or financing costs, but have yet to implement a strategy to manage a carbon price that is planned to rise at a compound growth rate of approximately 15% per year. Zenith Power will help your company identify and implement net zero solutions that protect your company against this planned carbon price increase.
How Can Renewable Energy Facilitate Net Zero Solutions?
Zenith Power will help your company by detailing the economics and risks of the transaction, facilitating introductions to actionable investment opportunities, and advising on key terms of the agreement.
Net zero solutions, such as purchasing power from or investing in a large-scale renewable energy project, represent both a large capital and strategic commitment. As with any major investment, detailed market research, a comprehensive understanding of risk mitigation strategies, thorough investment due diligence, and bespoke economic modelling add great value to the transaction process.
Zenith Power can help your company achieve net zero solutions in a cost-effective and timely fashion through the process of:
- Providing detailed research and analysis on the electricity and carbon markets;
- Formulating an investment plan and strategy;
- Identifying project investment opportunities and contacting our network of project owners;
- Conducting project-specific due diligence and financial modelling; and,
- Supporting the contract negotiation process by outlining risk mitigation strategies and providing key insights into market comparables.
Have Operations in Alberta and Want to Reduce your Company's Utility Bills?
Zenith Power, in conjunction with its affiliate Abode Power, can support any Alberta-based energy consumers by identifying and recommending more cost-effective rate options, lowering your bill administration fees, and supporting the economic evaluation of investments in energy savings and/or on-site solar generation.
Alberta is home to Canada’s only deregulated utility market. This means that electricity and natural gas consumers in Alberta have the option to choose who they purchase their electricity and natural gas from. Contrary to what some may think, changing utility providers does not mean any change to the reliability of your electricity or natural gas supply, as the electrical wires and pipelines that transport the electricity and natural gas to your location remain the same and are paid for through separately itemized distribution charges on your utility bill.
Zenith Power, through its affiliate Abode Power, can help your business lower its utility charges by:
- Lowering your administration charges;
- Implementing a strategy pertaining to fixed and variable rate options;
- Negotiating customer-specific discounts; and,
- Increasing the value of the electricity that your business is credited for generating from an on-site solar project.