Rewatt Power partners with UTILITYnet to help solar customers earn carbon offset credits

UtilityNet plus Rewatt Power logos signifying partnership

April 12, 2023

Rewatt Power Partners with UTILITYnet to Help Solar Customers Earn Carbon Offset Credits

CALGARY, AB - Rewatt Power, a financial technology company that aggregates and brokers carbon credits, and Utility Network and Partners Inc. (“UTILITYnet”), a leading retailer of electricity, natural gas, and Internet services in Alberta, are pleased to announce a new partnership.

Together, Rewatt Power joins the Carbon Offset Credit Platform, providing small-scale solar producers a competitive choice to earn revenue from market-based carbon offsets credits.

Program participants leverage Rewatt Power's cloud-based energy accounting platform to connect directly to their solar monitoring system. This automates carbon credit generation of the highest-quality, ensuring competitive pricing and eliminating human error.

UTILITYnet customers can stack their benefits, by combining this program with UTILITYnet's Solar Club, the premier program for solar PV microgenerators in the province.

"We are excited to partner with UTILITYnet to provide their solar customers with an easy and efficient way to participate in carbon markets," said Prageet Nibber, CEO of Rewatt Power. "We both use technology to help small-scale solar customers benefit from being part of the energy transition in Alberta."

"Our partnership with Rewatt Power provides solar PV microgenerators with more choices to take on the challenge of climate change through renewable energy," said Darren Chu, Program Development Manager at UTILITYnet "Partnering with Rewatt Power aligns with our commitment to provide sustainable solutions to our customers."

UTILITYnet customers can sign up for the Alberta Solar Credits Program for UTILITYnet Customers at this website:

About Rewatt Power
Rewatt Power is a financial technology company that aggregates and brokers carbon credits. Based in Calgary, Alberta and operating across Canada, its mission is to make it easy for individuals and organizations to participate in carbon markets. Rewatt Power specializes in the Alberta TIER market, and the BC LCFS and Canada CFR clean fuel credits for electric vehicle charging.

About Utility Network and Partners Inc. (“UTILITYnet”)
UTILITYnet provides energy management and technology solutions to Alberta's Oil & Gas, Industrial, and Consumer Retail Service industries. The company leverages their innovative cloud-based Retail Business Network to offer a range of services including electricity, natural gas, green energy, high-speed internet, and portable WiFi services to customers in over 450 communities across Alberta.

For more information, please contact:

Prageet Nibber
Rewatt Power

Max Sinclair
Utility Network and Partners Inc. (“UTILITYnet”)

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