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  • Solar PV
    Solar Photovoltaic (PV) Systems convert sunlight into electricity. You can use this electricity to power your home, business or any other building.
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  • Solar
    Hot Water
    Solar Thermal Water Heating Systems use the sun's energy to heat water for use by homes, commercial buildings and swimming pools.
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  • Solar Space
    Heating
    Solar Thermal Space Heating Systems capture the sun's energy to supplement the existing heating system for a home or commercial building.
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  • Small Wind
    Small Wind Energy Systems contain electric generators that convert wind power into clean, emissions-free power.
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  • Geothermal
    Geothermal heat pumps use the earth's energy to provide heating, cooling and hot water for residential and commercial buildings.
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  • Biomass
    & Bio Fuel
    Biomass Heating Systems generate heat from organic materials and residues. The systems are used for space heating and to heat water.
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  • Combined
    Heat & Power
    Micro Combined Heat and Power Systems are highly efficient natural gas systems that produce electricity and heat at the same time.
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Combined Heat & Power

Micro Combined Heat and Power Systems (micro-CHP) systems are highly efficient natural gas systems that produce both electricity and heat at the same time. Because they produce both heat and electricity simultaneously they are also known as "co-generation" systems. Less common are systems that produce electricity, and that can be used to cool as well as heat--so called "tri-generation" systems.

Pricing, Financing & Benefits

  • System Pricing

    • Average residential systems may cost between $15,000 to $40,000:
      • Equipment costs range from $10,000 - $25,000;
      • Installation costs comprise the balance of the total system cost.
  • Tax Incentives and Rebates

    • Micro-CHP systems DO NOT qualify for Federal Investment Tax credits.
    • Some states and utility companies offer:
      • Rebates as part of their energy efficiency programs; and
      • Subsidized financing plans.
  • Savings, Benefits and Returns

    • Micro-CHP systems cost at least $6,000 more than high efficiency heating systems, but have the added benefit of producing electricity that will reduce the owner's electric bill.
  • Financing Options

    There are several options available to you to finance an investment in a CHP system:

    • Home equity or other collateralized loans;
    • Subsidized loans;
    • Peer-to-Peer loans ;
    • Specialized loans.
    For a detailed discussion, refer to our Financing Options page or search for banks and leasings companies that provide financing.