WALTHAM, Mass., July 9, 2014 /PRNewswire/ — Tecogen Inc. (NASDAQ: TGEN) today announced the sale of combined heat and power (CHP) systems to YMCA facilities in Meriden and Milford, Connecticut. The systems will supply 60 kW of electricity to each facility, while simultaneously providing hot water for building heating, domestic hot water, and pool heating.
The Meriden YMCA project is supported through the Connecticut Property Assessed Clean Energy (C-PACE) program, an innovative program that is helping commercial, industrial and multi-family property owners access affordable, long-term financing for smart energy upgrades to their buildings. The project was also assisted by the Connecticut Clean Energy Finance and Investment Authority (CEFIA), a “Green Bank” that uses public resources to attract and deploy capital investment in clean energy projects.
By installing the Tecogen CHP system, an estimated savings of $35,000-$40,000/year will be realized by each facility. In addition, CO(2) and other harmful criteria pollutants (CO, NOx) will be reduced with the Tecogen Ultra emissions system option, which is available on all Tecogen CHP systems. Learn more.