Tecogen Receives 250 kW Microgrid System Order for Connecticut High School
October 03, 2022
Tecogen Inc. (OTCQX: TGEN), a clean strength corporation supplying extremely-productive and clean on-web-site energy, heating, and cooling machines, is pleased to announce an order for two 125 kilowatt InVerde microgrid enabled cogeneration devices to a significant faculty in Connecticut. The units will deliver a sizeable reduction in the electricity charges for the school, with the free of charge squander heat employed to reduce the operational expense of the school’s existing heating process. The systems are anticipated to be serviced from Tecogen’s Connecticut support heart in East Hartford, Connecticut.
Electric rates in Connecticut are among the the highest in the United States and are expected to additional boost. The combined heat and energy technological know-how integrated in Tecogen’s InVerde cogeneration units mitigates substantial power fees and permits sizeable reductions in greenhouse gasoline (GHG) emissions. These attributes are rewarded in the freshly expanded Financial commitment Tax Credit history (ITC) integrated in the Inflation Reduction Act handed in August 2022 by producing purchasers of blended heat and electric power techniques these types of as the InVerde qualified for tax credits of up to 40% of the challenge cost.
“We are happy that this university method in Connecticut understands the price tag discounts and environmental positive aspects of our goods,” noted Benjamin Locke, Tecogen’s CEO. “The mix of increasing electric fees, GHG reduction needs, and incentives provided through the expanded ITC would make the timing for setting up effective electricity personal savings measures such as Tecogen distributed technology items additional powerful than at any time. We glance forward to the set up and commissioning of this system to swiftly give charge savings and environmental gains to the school method.”
About Tecogen
Tecogen Inc. designs, manufactures, installs, and maintains significant performance and extremely-clean cogeneration items, like combined heat and electricity programs, air conditioning techniques, and significant-performance h2o heaters for residential, professional, leisure, and industrial apps. The company’s price tag productive, dependable, and environmentally welcoming items for strength production practically remove criteria pollutants and appreciably decrease customers’ carbon footprint.
In enterprise for over 35 decades, Tecogen has delivered more than 3,000 models, supported by an founded network of engineering, gross sales, and assistance personnel all over North The united states. Combination operate several hours on Tecogen’s InVerde cogeneration units exceeds 5 million hrs. For additional information and facts, you should visit www.tecogen.com or get in touch with us for a free Web page Evaluation.
Tecogen, InVerde e+, Ilios, Tecochill, Tecofrost, Tecopack, Tecopower, and Ultera are pending or registered emblems of Tecogen Inc.
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