In a typical installation of the MicroGen CHP unit in a building 5,000 square feet with 8 foot ceilings ...
If the building were heated with a conventional oil burner using 1 gallon per hour x 720 hours in a 30-day month at $2.00 per gallon, the cost of fuel running 24/7 would be $1,440.00.
The MicroGen combined heat and power unit turning a 15 kilowatt generator with the cost of electricity at 15 cents per kwh would generate $2.25 per hour in electric revenue. At $2.25 per hour x 720 hours, the unit would
generate $1,620.00.
The cost of running the MicroGen CHP unit would be $1,440.00 to produce heat while also producing electricity,
a potential revenue of $1,620 per month. Any alternate fuel put into the system at a lower or zero cost would increase the profit of the unit.
TYPICAL PROFIT
If the MicroGen unit were installed in a restaurant that generated 300 gallons of used Fryolator oil per month, this could reduce the cost of fuel by approximately $2.00 per gallon or $600.00.
If the cost of the MicroGen CHP unit were $700.00 per month on a 60-month lease with no money down, it is easy to realize a net saving in excess of $1,000 per month while amortizing the lease payment.
This is only a typical example for the New England region and can vary by the cost of #2 fuel oil and the cost of electricity.
