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Cool Energy has developed a clean solar fueled heat and electrical power generation system for homes and small buildings.
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Cool Energy, Inc.Business Overview
Glenn BoothVice President, Marketing & Business Development5541 Central Ave, Suite 172Boulder, Colorado 80301(303) 442-2121www.coolenergyinc.com
Powering a Clean Tomorrow®
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Cool Energy Opportunity
• Solar system for heating & electricity in homes/buildings – Complete single system for heat and power– Dependable storage enables predictable power– Best ROI of any renewable energy system
• 2012 addressable U.S. market >$1B• 3rd platform complete and in test• Strong IP position (2 patents allowed, 6
pending)• Go to market with existing channel partners• Seeking $5M Series A
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• Average New Jersey home : $3,760/year for energy (w/ propane)
• SolarFlow System provides:80% of heat, 100% of hot water and 60% of electricity
Space Heat 52%
Water
Heat
A/C
Lighting &Appliances
25%
Photovoltaic (PV)
Space Heat 52%
Water
Heat
A/C
Lighting &Appliances
25%
Cool Energy SolarFlow® System
Space Heat 52%
Water
Heat
A/C
Lighting &Appliances
25%
Solar Thermal
The Cool Energy Solution
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SolarFlow System Schematic
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Core Technology Advances
SolarHeart™ Engine• Low temperature Stirling engine • Converts heat to electricity • Solar, geothermal and industrial
waste heat • No combustion & exhaust valves • No lubrication & no maintenance• 20 year life• Clean and quiet
SolarSmart Controller™• Optimizes the thermal energy
flow – Smart Grid– Climate data
• Maximizes net metering benefits
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SolarFlow Economics
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Customer Payback
Financed Finance Amount
$24,66520 Years @ 5.0%
= $165/month
SystemSolar Components
$ 32,000SolarHeart Cost
$8,000SolarFlow Cost
$40,000NJ State Incentives
- $4,76530% ITC Savings
- $10,571Out-of-Pocket:
$24,665
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Avoided Carbon Dioxide
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Thermal Storage
• Storage and controls overcome intermittency• Output matches utility demand curve• Predictable generation with smooth ramps• Significant added value with Time-of-Use (TOU) rates
Source: NY/NJ Utility Orange & Rockland(June-Sept rates)
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Waste Heat Application