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What it is
The confidence we place in our own equipment shows no place better than
in our Value Share program. For qualified projects, Hess Microgen
will pay for all capital expenses and operating costs. Hess Microgen's
Value Share program pays for:
- Manufacturing of Hess Microgen's cogeneration units
- Other cogen system components, including balance-of-plant equipment
- Design and engineering costs
- Permitting costs
- Construction, installation, and contractor costs
- Startup costs
- Cogen fuel
- Maintenance and operations
Your business pays only for the discounted energy it uses. We are so
confident in the performance of our systems that we are willing to put
the return on our investment at the risk of our units' performance.
Other benefits to our Value Share program include having worry-free
onsite power since Hess Microgen performs all operation and maintenance
procedures necessary to maximize system performance; and by managing and
procuring the fuel supply, your organization does not need to worry about
fuel prices or fluctuations.
Lastly, because our Value Share program includes complete turnkey
management of design and installation, your organization does not need to
have or obtain specialty services to manage the project. Our expert team
and extensive integration experience ensure that the cogeneration system
is tailored to meet the specific needs of your business and
characteristics of your facility.
How it works
Hess Microgen agrees to install, own, and operate the system at your
site. The system produces electricity and thermal energy in the form of
heat or cooling. We sell you this energy at a rate that is discounted
from the rate provided by your local utility. Your business benefits by
paying less for its power needs; Hess Microgen benefits by sharing in the
savings produced from our highly efficient systems. The strength of this
program is that Hess Microgen does not make money unless the equipment is
providing benefits to your business, so we are encouraged to provide the
highest possible reliability and availability.
Some of our customers are saving tens of thousands of dollars on their
energy costs; others are saving hundreds of thousands of dollars. If this
interests you, contact us to learn how your business might be able to
benefit from onsite cogeneration with no out-of-pocket costs.
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