Grease is one kind of oil which is wasted after using to cook food or vegetables.So the new business idea and product has been created for the purpose not to waste vegetable oil anymore.Transforming form oil to the on-side electricity,it is very useful for restaurants and that is their most customers.Especially restaurants that specialised on oily and fat food such as barbecue or fast food.So how does it work???
Vegawatt's refrigerator-sized units are incorporated into a building's existing system in the same way as a solar panel is retrofitted. After filtering a restaurant's used vegetable oil, the unit combusts the refined fuel in a diesel engine, feeding electricity and hot water straight into a restaurant's system. The units won't provide all the power and electricity that a business needs, but can significantly improve its carbon footprint and running costs, as a unit typically provides 10-25% of electricity requirements.
Leasing the system for five years costs USD 435 per month, with potential fuel savings calculated at USD 850 per month. Alternatively, the system can be purchased for USD 22,000 outright, paying for itself within three years, according to Vegawatt. And that's without taking governmental incentives and rebates into account. Businesses further benefit by not having to pay or arrange for used oil to be removed, and also receive credits towards LEED certification. Last but not least, there's the reputation boost gleaned from going green.the innovative new cogeneration system for restaurants and food service facilities, uses your waste cooking oil as a readily available source of fuel to generate on-site electricity and hot water, saving your restaurant thousands of dollars as well as providing a clean,renewable sorce of energy.*STRENGTHS:
- Save on electricity and heat
- Generate clean energy
- Easy to use,no fuss no muss.
- No more overflowing oil barrels
- Taking a big place.
- The energy could be low.
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