vegawatt.jpgInvented in a garage, a new generator burns the used oil from restaurants’ deep fryers to generate electricity. The first Vegawatt is being tested at a seafood restaurant in Dedham, Massachusetts. So far, the system offsets about $2.50 worth of electricity with each gallon of waste oil poured into it. Vegawatt’s founder and inventor, James Peret, estimates that restaurants purchasing the $22,000 machine will save about $1,000 per month in electricity costs, for a payback time of two years. (Wired has the feature story)


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