Sep 11 2008
Disenco Energy plc, the Sheffield-based company that is poised to transform energy consumers into energy producers with its micro Combined Heat and Power (m-CHP) appliance, welcomes Prime Minister Gordon Brown's initiatives to provide £910 million in fuel measures to address rising energy costs, but agrees with consumer groups that much more must be done to combat the soaring burden of home energy fuel bills, which could be significantly reduced by the adoption of Disenco’s disruptive technology.
Disenco is moving ahead to market production in Q3 of 2009 with its m-CHP appliance, the HomePowerPlant (“HPP”). The HPP appliance singularly allows home owners to produce all of their heating and hot water requirements from a dishwasher-sized appliance installed in the home, and simultaneously generate up to 50% of their annual electricity requirements and generate additional electricity for sale back to the power grid.
Importantly, by producing energy in the home instead of having it delivered from the national grid with inefficient transmission losses, home owners will be able to produce their energy needs on site at 92% efficiency while cutting their carbon footprint by up to 66% of their total yearly emissions as well as saving up to 35% of their annual electricity bills and earning monies from the sale of electricity.
HPP is more efficient and delivers a much faster return on investment than solar panels and wind turbines, and competes directly with the replacement condensing boiler market. Prototypes of the unit have undergone successful testing with The Carbon Trust.
"Disenco Energy's HomePowerPlant technology is not only disruptive, but is destined to change the way people produce and use energy in the home to maximize energy efficiency," says Tony Caplin, CEO of Disenco Energy. "By generating electricity in the home, the homeowner can substantially reduce their fuel and electricity costs and Disenco will help governments around the world meet energy efficiency targets earlier than expected."