Club Fit Saves With On-Site Utility by American DG Energy
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Fitness Facility Reduces Costs While Lowering CO2 Emissions
BRIARCLIFF MANOR, N.Y., Sept. 2 /PRNewswire-FirstCall/ -- American DG
Energy Inc. (OTC Bulletin Board: ADGE), a leading On-Site Utility, offering
clean electricity, heat, hot water and cooling systems, today announced that
Club Fit, a premier health and fitness facility, located in Briarcliff Manor,
New York, saved thousands of dollars on it's energy bills and lowered its CO2
emissions with an On-Site Utility in the first year of operation.
For the past year, Club Fit has received a substantial portion of its
energy directly from an On-Site Utility by American DG Energy. With the
On-Site Utility, American DG Energy produces energy in the form of electricity
and hot water at Club Fit's facility and sells it to Club Fit at a price lower
than their local energy utility. Club Fit pays for the energy they use, not
any capital or operating costs. The energy is produced with small-scale,
combined heat and power (CHP) equipment located at the property site, but
owned and operated by American DG Energy.
"With the On-Site Utility we've greatly reduced our energy costs and
lowered greenhouse gas emissions at the same time," stated Bill Beck, Vice
President of Club Operations at Club Fit. "Because American DG Energy takes
care of the equipment, we don't have to think about it. We just have to pay
our lower energy bill."
The On-Site Utility lowers Club Fit's emissions up to 578 tons of CO2 gas
each year, the equivalent of planting 158 acres of trees or eliminating the
emissions of 98 cars.
On-Site Utility
American DG Energy sells the energy produced on-site from a CHP system to
an individual property as an alternative to the outright sale of energy
equipment. On-Site Utility customers only pay for the energy produced by the
CHP system and receive a guaranteed discount rate on the price of the energy.
All system capital, installation and operating expenses are paid by American
DG Energy. All system installation, operation and support are handled by the
Company as well.
About American DG Energy
American DG Energy (OTC.BB: ADGE) supplies low-cost energy to its
customers through distributed power generating systems. The company is
committed to providing institutional, commercial, and small industrial
facilities with clean, reliable power, cooling, heat and hot water at lower
costs than charged by local utilities -- without any capital or start-up costs
to the energy user. American DG Energy is headquartered in Waltham,
Massachusetts. More information can be found at www.americandg.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements under the Private
Securities Litigation Reform Act of 1995 that involve a number of risks and
uncertainties. Important factors could cause actual results to differ
materially from those indicated by such forward-looking statements, as
disclosed on the Company's website and Securities and Exchange Commission
filings. This press release does not constitute an offer to buy or sell
securities by the Company, its subsidiaries or any associated party and is
meant purely for informational purposes. The statements in this press release
are made as of the date of this press release, even if subsequently made
available by the Company on its web site or otherwise. The Company does not
assume any obligation to update the forward-looking statements provided to
reflect events that occur or circumstances that exist after the date on which
they were made.
SOURCE American DG Energy Inc.
John Hatsopoulos of American DG Energy, +1-781-522-6020
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