Energy Savings & Resilience. Energy for everyone.

Energy for everyone.

Energy Savings & Resilience

Problem / Solution

An inexpensive, reliable,

local energy source ^Savings• Lowers electric bill

• Net meters excess electricity

• Lowers demand charges

• Tax credits

Resiliency

• Automatic back-up design

• On-board battery storage

• Enables renewable energy use during a blackout

Sustainability

• Reduced carbon emissions - higher efficiency versus electric grid

• Uses clean natural gas or propane

• Renewable energy source compatible

Efficiency

• Simultaneous co- or tri-generation

• Local energy supply

• Works with renewables

• Battery storage (PowerAire)

Expensive,

unreliable grid

PowerPlant HA65 PowerPlant H24

POWERPLANT H24

Power outages have increased

Electric utilities have become increasingly unreliable due to:

- Extreme weather - Aging infrastructure - Capacity deficits

Grid Reliability: Poor

PowerPlant H24 & HA65 – micro grids in a box

HEAT POWER

CUSTOMER VALUE

30 – 70% Energy Savings

• Reduced grid electricity consumption

• Lower peak demand

• Lower energy cost with natural gas

• Demand response

• Net metering

Resiliency

• 24/7 automatic backup system

• Continued operations

• Business downtime loss avoidance

• Allows continuous renewable energy One machine = simultaneous energy production + grid independence

COOL HEAT POWER

POWERPLANT H24 POWERPLANT H24

More Value than a Generator

CHP versus Backup Generator

• REDUCES ENERGY COST

• Runs cooling and/or heating and provides power

• Provides savings between power outages

• PROVIDES RESILIENCY

• Similar to backup generator

• BETTER DESIGN

• Quiet: ~60 dB versus 65-75 dB

• Durable: 24/7/365 operation versus 200 hrs / year

• Net-metering

• Renewable energy compatible

POWERPLANT H24

Natural Gas

Cost / therm Total Output w/ 50% Heat w/ 0% Heat

$0.25 $0.028 $0.033 $0.043

$0.35 $0.033 $0.040 $0.055

$0.45 $0.039 $0.047 $0.066

$0.55 $0.044 $0.055 $0.078

$0.65 $0.049 $0.062 $0.089

$0.75 $0.054 $0.069 $0.100

$0.85 $0.060 $0.076 $0.112

$0.90 $0.062 $0.080 $0.118

Cost / gal.LPG Total Output w/ 50% Heat w/ 0% Heat

$0.90 $0.069 $0.090 $0.133

$1.10 $0.082 $0.112 $0.159

$1.30 $0.094 $0.123 $0.186

$1.50 $0.106 $0.139 $0.212

$1.70 $0.118 $0.156 $0.223

$2.00 $0.136 $0.181 $0.277

$2.50 $0.166 $0.222 $0.343

$3.00 $0.197 $0.263 $0.409

Maintenance included - estimated at $0.015 / kWh

GRIDIRON Power Output - Cost per kWh

PowerPlant H24

PowerPlant H24

1 Source: U.S. Energy Information Administration 2019 prices.

Energy Cost Compared to the Grid

$0.11

per kWh

$0.05

per kWh

PowerPlant H24

Based on average price of $0.65 per therm¹ of natural gas and total PowerPlant energy utilization (power, heating)

Electric Grid

Based on average price of $0.11 per kilowatt hour¹

Lower Energy Cost (Grid vs. Natural Gas) + Co-Generation

= Savings

• Lower Grid Consumption / Demand Charges

• Eliminates Downtime Costs

Performance Validation and Certification

“The GRIDIRON system is the only system in the North American market that can generate uninterruptible power, space heating, air conditioning, and hot water.

It is the cooling attribute that makes the GRIDIRON system standout for greater mCHP potential in North America as well as abroad.”

Gas Technology Institute, October 2018

Listed as an EPA Combined Heat and Power Partner

Augmenting Solar with GRIDIRON

79 kW System:

126 Panels + 2 PowerPlant H24 405,033 kWh / year

High Power Density: 33.6 W / ft² 24 / 7 power

Resilient to outages 40 kW System:

128 Panels 55,500 kWh / year

Power Density: 16.9 W / ft² Intermittent power Susceptible to power outages

Doubles power density + 40 kW of consistent, base load power Increases annual energy production by 730%

Resilient total system power (79 kW)

Solar GRIDIRON

Clean Clean burning NG

Intermittent Continuous 24 / 7 Anti-islanding during

outage Islanding and enables solar to island Low power density

(~16 W/ft²) High power density (~2,000 W/ft²) Large footprint Small footprint

Reduces customers’ electric bill, saves customer money, efficient, sustainable,

environmentally friendly

POWERPLANT H24 POWERPLANT H24

Example Installations / Future Projects

Big Red Liquor

Bloomington, Indiana 1 x PA65 unit NG Great American Business Products

Houston, Texas

24 x PA65 units NG + 144 kW Solar

Custom Home Hotels

Florida Convenience Store / QSR Central, Florida

2 x PA65 units Propane

Residence in Conroe, Texas 1 x PA65 unit NG

Manufacturing Restaurants

POWERPLANT H24

PACE - Property Assessed Clean Energy Financing

• Provides 100% upfront money (for hard & soft costs) with low interest rate

• Repaid through property taxes for up to 20 years - immediate positive cash flow until taxes are due

Lease / Loan

• Standard equipment lease up to 10 years

PPA – Power Purchase Agreement

• Customer pays lower rate per kWh used

ESA – Energy Service Agreement

• Pay-for-performance, off-balance sheet financing

• No upfront capital expenditure

TELP – Tax Exempt Lease Program

• For tax exempt entities – schools, municipalities

• Low interest rates

• First payment due after year one

Financing Options

Energy for everyone.

Taxes

• Bonus depreciation

• Allows percent of costs deducted from taxes

• CHP ITC – Investment Tax Credit

• 10% of project cost deducted from taxes

CHP Utility Incentives

• Production - paid for every kWh produced for first 12 months

• Capacity Reduction – paid for each kW displaced from grid

• Capital Cost – paid $X / kW to lower out-of-pocket cost

• Natural Gas - Lower natural gas rates for CHP

Incentives

Consult with your tax accountant to verify deductions.

Incentives vary from state to state and by utility.