ClearEdge Power Corporate Fact Sheet
ClearEdge Power is a global, privately held, technology company leading the way for smarter, cleaner on-site energy systems focused on commercial, institutional and residential applications. The company designs, manufactures and markets the ClearEdge5 system, a unique, proven fuel cell appliance that cleanly converts natural gas to electricity and heat, offering both significant financial and energy savings, as well as a greatly reduced impact on the global environment.
For a downloadable version, click here
The ClearEdge5 Fuel Cell Energy System
The ClearEdge5 is a 5kW combined heat and power stationary fuel cell that uses a proprietary fuel processor to cleanly convert natural gas into electricity and heat.
- The ClearEdge5 can be used for businesses, institutions and larger homes
- The ClearEdge5 retails for $56,000 before taxes, installation costs and rebates
- The average payback is 6-8 years
- The ClearEdge5 is eligible for $5,000 in federal tax credits for homeowners and $15,000 in federal tax credits for businesses
- The ClearEdge5 is 10 times more productive than solar and reduces applicable portion of carbon footprint by more than one-third
Why Fuel Cells
- According to the Energy Information Administration (EIA), more than 45 percent of the electricity Americans consume today comes from burning coal – a finite, toxic resource. The EIA predicts that world demand for electricity will increase by 49 percent within the next 20 years. Fuel cells offer customers an opportunity to generate their own electricity on-site using a clean and highly efficient technology.
- According to a recent report by business intelligence provider IntertechPira, entitled "The Future of Clean Technologies," the clean tech sector is poised to expand more than 250 percent by 2019. Fuel cells are expected to increase 10 fold, from $2 billion to $20 billion, in the same period.
Media Contact:
Taraneh Foster, APR (@clearedgepower)
Direct: (503) 214-1673
Email: tfoster@clearedgepower.com
