The Octagon’s 400 kilowatt fuel cell from UTC Power was supported by a healthy $1.2 million in financial incentives from the New York State Energy Research and Development Authority (NYSERDA), marking what UTC hails as “a paradigm shift” in the state’s use of clean energy technologies. The fuel cell unit–a combined heat and power (CHP) system–was delivered over the winter and is currently operating at full capacity.
The CHP fuel cell, a PureCell System Model 400, converts natural gas to electricity and heat through a non-combustion, electrochemical process that provides enough power and heat to satisfythe majority of the apartment building’s energy demand. This high efficiency, near zero-emissions system also provides the building with domestic hot water.
The NYSERDA grant covered approximately half the cost of the fuel cell unit; the project will also qualify for a federal refundable tax credit under the American Recover and Reinvestment Act expected to cover approximately 30% of the installation cost.