Coolerado AC Wins Colorado Energy Award

Coolerado Corporation, manufacturers of high efficiency air conditioners, on Jan. 29 announced the company received the prestigious "Governor's Excellence in Renewable Energy Award" from Colorado Gov. Bill Ritter for contributions made by a small business to protect the environment and support clean power through renewable energy.

"It may seem strange that a company with a product that consumes energy received a renewable energy award, but Coolerado air conditioning systems use one-tenth of the energy required by the most efficient conventional systems," said Mike Luby, chief executive officer of Coolerado. "Our air conditioners achieve a tenfold reduction in greenhouse gases because of reduced power generation needs, and they are green, using no chemical refrigerants."

"Our mission for 2009 is to have thousands of our air conditioners in use and significantly reduce the demands on the U.S. power grid in the process. Coolerado is poised to help define what is meant by the ‘New Energy Economy,’ a term coined by Governor Ritter and added to the national agenda by President Obama," according to Luby.

The Federal Energy Management Program (FEMP) published a report that backs up Coolerado's claims. It concludes that the company "can help federal agencies reach the energy-use reduction goals of EPACT 2005, particularly in the western United States. This technology also has the potential to have a significant impact on an agency's energy bills in terms of reducing both energy and demand costs."

FEMP also concludes that "widespread deployment of this technology in average to dry climates in the United States could have a significant positive impact on electric demand and ease the burden on the utility grid." That is because air conditioning is responsible for about half of summer peak power demand.

"Our patented technology's performance has been independently proven at several hundred government, commercial, industrial, and residential buildings around the world, where Coolerado systems are in operation," added Luby. "This advanced cooling technology is the result of over 9 years of research and development by the engineers and scientists at Coolerado."