ZG Proves Effective Means of Reducing Renewable Energy Transportation Cost

ZG manages energy transportation cost on behalf of our Load Serving Entities clients in the Bay Area. In 2019, we embarked on a project to bring more renewables to the Bay Area CCA clients without increasing energy transportation costs. In fact, the goals were to increase renewables energy delivery and reduce the overall cost of transporting the energy to consumers in the Bay Area. Working collaboratively alongside our Bay area CCAs in implementing intelligent strategies in 2020 resulted in better-than-expected results with a net credit of $3 million. This year, in 2021, the credit more than doubled to $7.5 million, a notable increase from 2020.

ZG is proud of these accomplishments as managing the transportation costs is quite complicated and require unique skills. All these credits are paid directly to our clients and passes through to the CCAs consumers.