Honda Collaborates on Home Co-Gen System
American Honda Motor Co., which has been working on hybrid cars, is collaborating on a hybrid of sorts for the home: a roughly $8,000 natural gas system that ''co-generates" heat and electricity.
For consumers willing to invest $3,000 to $4,000 more than the cost of a conventional heating system, there's a potential for savings when it comes to paying energy bills down the road, according to Climate Energy LLC of Medfield, one of Honda's partners. With the new system, called a Micro-CHP System, natural gas that home owners buy to convert to heat creates electricity as a bonus byproduct.
At an event set for today at the Museum of Science, Climate Energy, and Honda plan to unveil a combined heat-and-power appliance that Climate Energy claims can shave about $600 off a local consumer's annual electricity bill.
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