Own a restaurant? The new Vegawatt converts waste cooking oil into on-site electricity and hot water, saving your restaurant thousands of dollars as well as providing a clean, renewable source of energy. Their analysis shows a $814 monthly benefit – $435 cost to lease the unit.

“Vegawatt™ makes your used cooking oil worth $2.55 per gallon, not the 10 to 25 cents you might be selling it for currently – or the cost of having it hauled away.”

With the downturn causing many restaurants to close, it will probably be a while before we see widespread adoption of products like this.  Perhaps this can be built on a larger scale and shared with many restaurants. It is great to know something like this exists.