MMMW News .05
Mass Megawatts Offers Cost Competitive Green Energy to Retail Customers
2012-12-03 07:48 ET - News Release
WORCESTER, Mass., Dec. 3, 2012 /PRNewswire/ -- Mass Megawatts Wind Power, Inc. (OTC: MMMW) today announces the availability of affordable, green energy as a product line for consumers in the Northeast region of the United States. The company offers electric power at competitive rates to commercial and residential electricity users in several states, including Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Delaware and Illinois. Mass Megawatts plans to leverage their knowledge of the wind power industry in their offering of competitive green power to electrical users across the Northeast. The expansion into the retail electrical market is a logical, strategic progression that diversifies their business model while improving future earnings potential. In other recent news, Mass Megawatts recently completed a wind augmentation system in Charlton, Massachusetts that utilizes a less complicated and inexpensive wind-focusing technique to increase the wind velocity directed at the turbine by an average of 70%. This accelerated wind speed, in turn, results in a significant, three-fold increase in the electrical power generated by the turbine. Using horizontal or propeller type turbine blades, the cost per rated kilowatt is projected to be less than $1000 and anticipated to approach $600 in mass production. This compares very favorably with traditional wind power systems that realize a cost of $1500 to $2000 per rated kilowatt.
