Tecogen Sells Replacement Chillers to New York City Co-op
Natural gas-powered chillers provide cost-effective HVAC system
WALTHAM, Mass. — Tecogen® Inc. has announced the sale of multiple replacement TECOCHILL® natural gas-powered chillers to longtime customer Newport East. Located on New York City’s Upper East Side, Newport East’s 366-unit co-op includes retail space as well as a heated rooftop swimming pool. Worth over half a million dollars, the new contract includes replacement of the original units along with a renewed long-term service agreement for complete ongoing equipment maintenance.
“The true power of the TECOCHILL technology is most evident in the summertime when electricity rates are at their highest — often incurring peak-usage charges — but when natural gas pricing is ‘off peak’ and especially affordable. A double bonus for customers,” said Robert Panora, Tecogen president and chief operating officer.
According to the company, TECOCHILL natural gas-powered chiller systems can cut a building’s cooling costs in half by eliminating most of the electrical demand associated with providing traditional cooling. Newport East’s consistent heating and cooling needs make the site well suited for Tecogen’s equipment as waste heat from the engine and exhaust are recycled to provide domestic hot water for residents. First installed in 1989, the original Tecogen equipment reliably supplied central air conditioning to the 19-floor building for over 25 years.
Speaking about the project, Panora said, “Receiving replacement orders from longtime customers is a validation of Tecogen’s equipment and servicing model and a testament to the compelling value proposition we offer the market.”
Tecogen manufactures, installs, and maintains 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.
For more information, visit www.tecogen.com.
Publication date: 1/4/2016