WALTHAM, Mass., April 22, 2015 /PRNewswire/ --
Tecogen® Inc. (NASDAQ: TGEN) today announced the sale of
a CM-75 combined heat and power (CHP) system to a Far Rockaway, NY 240 bed chronic care nursing
facility. The Tecogen unit will provide electricity, space heat and
domestic hot water at a far lower cost and carbon footprint than
the conventional alternative of utility-purchased electricity and
onsite boiler operation.
Tecogen's 75 kilowatt system is expected to reduce the
facility's energy costs between $60K and
$70K annually, net of service and other operating costs.
"Elder care facilities are one of our core markets," said
Robert Panora, President and COO of
Tecogen. "They are particularly heavy users of electrical and
thermal energy, which becomes a serious cost problem when the
communities they serve are located in regions with high electric
rates. CHP is a perfect solution, as they are able to self-generate
a substantial portion of their electrical and heating needs
substantially reducing their overall utility bills."
About Tecogen
Tecogen manufactures, installs, and
maintains high efficiency, ultra-clean combined heat and power
products including natural gas engine-driven cogeneration, air
conditioning systems, and high-efficiency water heaters for
residential, commercial, recreational and industrial use. The
company is known for cost efficient, environmentally friendly and
reliable products for energy production that, through patented
technology, nearly eliminate criteria pollutants and significantly
reduce a building's carbon footprint.
In business for over 20 years, Tecogen has shipped more than
2,000 units, supported by an established network of engineering,
sales, and service personnel across the
United States. For more information, please visit
www.tecogen.com.
Tecogen Media Contact Information:
David Garrison
P: 781-466-6403
E: David.Garrison@Tecogen.com
Tecogen Investor Contact Information:
John N. Hatsopoulos
P: 781-622-1120
E: jhatsopoulos@tecogen.com
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SOURCE Tecogen Inc.