Project Background
Foxol installed a natural gas-fueled microturbine, which provides integrated combined heat and power. Clean exhaust heat from integrated heat recovery modules will help offset the facility’s thermal load and improve overall efficiency over a payback period of 5.2 years.
Key Financial Metrics
- Total Project Costs: $3,250,000
- 10-Year IRR: 16.22%
- 20-Year IRR: 21.68%
- Electric Bill Savings: $28,235,713
- Total Savings: $15,740,213
- 20-Year NPV: $7,691,443
- Payback Period: 5.2 years
- 20-Year ROI: 484.3%
- Fuel and O&M Costs: $9,245,500