Tecogen Inc. announce an order for two 125 kilowatt InVerde microgrid enabled cogeneration systems to a high school in Connecticut. The units will provide a significant reduction in the electricity costs for the school, with the free waste heat used to reduce the operational cost of the school's existing heating system. The systems are anticipated to be serviced from Tecogen's Connecticut service center in East Hartford, Connecticut.

Electric rates in Connecticut are among the highest in the United States and are anticipated to further increase. The combined heat and power technology incorporated in Tecogen's InVerde cogeneration systems mitigates high energy costs and enables significant reductions in greenhouse gas (GHG) emissions. These attributes are rewarded in the newly expanded Investment Tax Credit (ITC) included in the Inflation Reduction Act passed in August 2022 by making purchasers of combined heat and power systems such as the InVerde eligible for tax credits of up to 40% of the project cost.