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Project:
Cogeneration Plant |
| Plant Size:
60kW |
| kWh Provided:
460,000 |
| Annual Energy
Savings: $4,576 |
| Caldwell Cost
to Install:
$0 |
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Metro Energy
Solutions entered into an energy purchase agreement with the Borough
of Caldwell (Caldwell) to provide electricity and hot water at a
discount. Metro Energy Solutions developed a cogeneration project
whereby a third party will own and operate a 60 kW cogeneration system
for the purpose of displacing a portion of the new community centers
electricity and thermal load for energy cost savings. Caldwell had to
make no capital investment, all costs for the cogeneration system were
borne by the third party owner and operator.
For the next 12
years the Borough of Caldwell will receive a guaranteed
15% discount on all electric and thermal energy provided by the
cogeneration system. The new 60 kW cogeneration unit will provide
approximately 460,000 kWh per year for the term of the agreement and
over $50,000 in energy cost savings. |
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