Jan 20, 2009

Combined Heat And Power (CHP) Clean Energy System saves $10,000 a year

Last year 1.2 million U.S. restaurants and food service facilities used more than 3 billion gallons of vegetable oil.

Utility and waste disposal costs account for a median of 2.3% to 3.6% of sales depending on the type of restaurant.

According to a 2007 survey by the National Restaurant Association, almost two-thirds of restaurateurs expect to invest in energy saving equipment in the coming year. Furthermore, consumers are willing to patronize restaurants that do so.

The answer maybe a direct purchase or lease of  cogeneration system. If your food service operation generates 80 Gallons of waste vegetable oil per week, a  cogeneration system can realize a complete Return On Investment (ROI) in as little as 2 years, or as fast as three years with only 50 gallons per week. The purchase price of a 5 KW Vegawatt™ cogeneration system is $22,000. Federal, State and local incentives and rebates vary but will reduce the purchase price considerably.

Projected Monthly Savings

80 Gallons per Week Monthly Annually
Electricity usage $568 $6,816
Hot Water $185 $2,220
Electricity demand charge $50 $600
Renewable Energy Credits $100 $1,200
   ------   ------ 
Total Savings $850 $10,836
Note: The above numbers are based on Massachusetts electricity and natural gas rates.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Find our more about the ROI from vegawatt.com