Monday, September 28, 2009

State of Massachusetts CO2 Innovation: Facility to Reduce Energy Costs and Carbon Footprint With an On-Site Utility

American DG Energy Inc., an On-Site Utility, offering clean electricity, heat, hot water and cooling solutions to healthcare, hospitality, housing and athletic facilities, announced an agreement to supply energy to Carleton-Willard Village, a not-for-profit continuing care retirement community (CCRC), located in Bedford, Massachusetts. As part of the agreement, Carleton-Willard, will soon receive a sizable portion of its energy from an On-Site Utility energy system, which will be owned and operated by American DG Energy. Carleton-Willard will receive a discount on the energy produced by the On-Site Utility and reduce its carbon footprint by up to 660 tons of carbon dioxide per year. The value of the deal is $2.2 million, which reflects the recent drop in energy prices. Read more..

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