The hybrid water heater system is the first appliance that can potentially pay for itself and create a profit for home and business owners during the life cycle of the product. It uses natural gas to heat water and generate electricity. With an estimated gross profit of $1000 per unit and an estimated net profit of $500 per unit, we expect to become profitable after sales of 3000 units per year.
Features & benefits of the Hybrid Water Heater (HWH) include:
· Reduces existing electric grid dependency by 60 to 100% (or more)
· Unlimited hot water at 99.5% efficiency
· Emergency electrical power generation during utility grid interruptions
· EV & PHEV charging equivalent to $1.20-1.40 per gallon of gasoline
· Zero additional real estate costs
· Zero additional infrastructure costs
· Saves transmission and distribution losses of the grid, 7% efficiency saving
|
|
