International, Inc. Innovators in Waste to Energy Products
About INOV8 International History Founded in 1990 in La Crosse, Wisconsin Developed & now manufactures a variety of heating appliances capable of burning waste petroleum and a variety of bio fuels, including waste vegetable oil Products all products are fully tested & listed to US & Canadian safety standards 4 sizes of furnaces 11 waste crankcase fueled boilers 4 waste fryer space heating boilers 2 waste fryer domestic water boilers 3 waste water evaporators 2 sizes of waste oil burners 4 sizes of gas oil burners 2 sizes of steel oil storage tanks A PLC (programmable logic control) for automation of fuel options Expertise combustion technology involving alternative fuels 2
Since 1990 INOV8 Has Developed Many Firsts in the Alternative Fuel Industry First to use aluminized steel, ceramic target, hinged burners, digital temperature control, first with a website, extended warranties High BTU Burners (up to one million) Hot water & Steam boilers burning waste oil Make up Air Furnace High efficiency waste oil furnaces (83 to 85%) Waste Water Evaporator fueled by waste oil Specially designed oil storage tanks (to provide best oil to burner) Using Vegetable Oil as fuel Dual fuel Burner for water based oil Dual fuel Burner for fryer oil Controls to provide automatic backup Water heater fueled by fryer oil 3
Safety Certifications & Approvals Multi fuel Oil Burners Model S200 & S700 Burners Tested & Listed by Intertek ETL Semko, Test Report #3120734 CRT dated March 7, 2008, to: ANSI UL296, Issue 1994/06/01, Ed:10 Rev:2006/02/24, Standard for Safety Oil Burners; CSA B140.0, Issue: 2003/10/01, Ed:3, General Requirements for Oil Burning Equipment General Instruction No 2 4 (R1991). Gas Waste Oil Series: G200, G400, G750 & G900 Tested & Listed by Intertek ETL Semko, to ANSI Z21.17*AEI Domestic Gas Conversion Burner Issue: 1998/01/01, CSA 2.7 M98, UL296A*AEI UL Standard for Safety Waste Oil Burning Air Heating Appliances Issue: 1995/10/31 Ed:2 Rev: 2006/03/08, CSA B140.0*AEI General Requirements for Oil Burning Equipment General Instruction No 2 4 (R1991) Issue: 2003/10/01 Ed: 3, CSA C22.2#3*AEI Electrical Features of Fuel burning Equipment General Instruction No 1 2 (R1999) Issue: 1988/01/09 Rev: 1999/01/01. PLC Control Panel Tested & Listed by Intertek ETL Semko, to UL873 Temperature Indicating & Regulating Equipment. U.S. Patents: #5,149,260 & #5,341,832 & other patents pending Furnaces Models: F125, F240, F240SC & F450 Tested & Listed by Intertek ETL Semko, Test Report #3120671 CRT 001 dated July 16, 2007, to: For United States installations: Underwriters Laboratory 296A Waste Oil Burning Air Heating Appliances 2nd edition dated October 31, 1995 with revisions through and including March 8, 2006. For Canadian installations: B140.0 03 Oil Burning Equipment: 3rd edition General Requirements published in October 2003, and B140.4 04 Oil fired Warm Air Furnaces published in September 2004, 3rd edition, and Oil Burners: Atomizing Type CSA B140.2.1 M90 Dated July 1990. Tested by PFS Corporation, Test Report #90 39 dated March 6, 1991 and #93 10 dated February 24, 1993, to Underwriters Laboratory Standard 296A Waste Oil Burning, Air Heating Appliances (now expired). Tested by Underwriters Laboratories of Canada, File #CMP239 to CSA Standard B140.4 1974, Oil Fired Warm Air Furnaces and the CSA Interim Requirements for Appliances Burning Used Oil in an Atomizing Burner (T.I.L.) No. R 1 and CAN/CSA Standard B140.2.1 1987, General Requirements for Oil Burning Equipment (now expired). Registered with European Economic Community under Registration No. 3884/1997 Wisconsin Material Approval File No. FN 91 129 (now expired) Energy Star Rating on Model F125 Furnace Tank(s) Tested & Listed by Intertek ETL Semko, Test Report #3120672 CRT 002 dated May 2, 2007, to: For United States installations to UL Standard 80 for Steel tanks for oil burner fuel, eleventh edition dated August 19, 2004, and For Canada installations to CAN/ULC S602 03 Aboveground steel tanks for storage of combustible liquids intended to be used as heating and/or generator fuels. PFS Listing #92 37 dated 2/22/1993 Above Ground Steel Bench Tank tested to UL 142 Standard, Steel Above Ground Tanks for Flammable and Combustible Liquids (now expired) Buderus, Viessmann & Triad Boilers Built in accordance with the requirements of the ASME Boiler and Pressure Vessel Code IBR Listed Energy Star Approved (when appropriate) 4
Challenges of Burning Fryer Oil According to this article in Appliance Design Magazine dated July 2009, there are several challenges to burning fryer oil as fuel in conventional heaters: The oil has a very high flash point: 500 to 600 degrees F Sticky consistency Debris laden Various BTU values & viscosities High presence of water The flame is too light for Cad Cells to respond to. appliancedesign July 2009 5
Restaurants Asked INOV8 Delivered: Ability to burn variety of fryer oil Desire to participate in sustainable green energy Small footprint to fit into limited space Easy operation Limited maintenance No risk to hot water production Automatic backup to natural gas (or propane) 2 to 3 year payback Longer life expectancy than standard water heater 6
INOV8 learned the secret to successful combustion of fryer oil: HIGH HEAT in combustion zone HIGH Pre heat of oil Vapor Elimination of heated fuel UV Sensor vs. Cad Cell Flame Detection Protecting flame from disruption Filtering hot oil and built that into every system 7
Restaurants Need Small Footprint & Easy Installation INOV8 selected an American made vertical (water heater) built to last. Assuring the WH can fit into any 36 door opening. All required controls ready to install by a plumber. An optional installed copper coil that delivers potable hot water up to 17 gpm. 8
Restaurants Need Easy Operation & Maintenance INOV8 chose a PLC & Simple Controls Simple controls: Power switch Fuel selection switch Operating lights to indicate fuel use & warnings PLC provides feedback on oil temperature, hours of operation & allows for customer options Maintenance requirements: 15 minutes of inspection monthly & annual cleaning 9
Other Benefits Green Emissions that are carbon neutral with reduced CO, CO2, NOx & no SO2. Eliminates outside oil storage & disposal costs Short pay back period. 20 years (or more) expected life. 10
Typical Water Heater Setup Note INOV8 can supply any necessary components that are not currently onsite 11
INOV8 Water Heater Specifications Water Heater Model Number HW210 Water Heater Model Number HW210 Type Commercial Water Volume 35 Fuel Type Natural Gas or Propane Waste Fryer Oil Yes Yes Input (BTU) 210,000 Output BTU/Hr 174,400 Chimney Diameter 8 Supply & Return Water 1.25 Connections Jacket Diameter 22 Water Heater Height 72.5 Height to Hot Water 60.75 Connection Height to Cold Connection 36.6 Gas Connection 1/2 Height to Gas Connection 15 Manifold Gas Pressure:.71 to 3.0 Compressed Air Requirement 2 cfm @ 35 psig Voltage 120 Amps 20 Temperature Range (F) 100 to 200 Max. Vessel Pressure (PSIG) 125 Flow Rate @100 F Rise GPM / GPH 3.49 / 209 Flow Rate @ 80 F Rise GPM / GPH 4.36 / 262 Flow Rate @ 60 F Rise GPM / GPH 5.81 / 349 Flow Rate @ 40 F Rise GPM / GPH 8.72 / 523 Flow Rate @ 20 F Rise GPM / GPH 17.43 / 1046 Shipping Weight lbs. 850 Operating Weight lbs. 1140 Country of Origin USA 12
Payback Restaurants with 30 or more gallons per week can expect: Each gallon of WVO contains about 125,000 BTUs of energy Their waste oil can generate 195 million BTUs of useable energy each year saving $2,340 in gas costs A payback period of 3 years or less based on hot water demands and available WVO; $350/18 months; $300/21 months; $250/25 months, $200/33 months 13 13
Payback Natural Gas or Electric Costs Per Month $300 $250 $200 $150 Discount rate 10% 10% 10% 10% NPV (10 Year) $15,874 $12,928 $9,981 $6,622 IRR (10 Year) 57% 49% 40% 30% MIRR (5 Year) 27% 22% 15% 8% MIRR (10 Year) 28% 26% 23% 20% Payback Period (Years) 1.94 2.38 3.07 4.23 Discounted Payback Period (Years) 2.26 2.83 3.00 4.86 Note these figures were provided by an independent financial analyzer. 14 14
Life Cycle Costs Water Heater 3 Replacements over 20 year forecast $120,000 $100,000 $80,000 $60,000 $40,000 5 Year 10 Year 15 Year 20 Year $20,000 $0 r = 0 r = 5 r = 10 r = 15 15 15
Life Cycle Costs Multi Fuel Water Heater 30,000 25,000 20,000 15,000 10,000 5,000 5 Year 10 Year 15 Year 20 Year r = 0 r = 5 r = 10 r = 15 16 16
Support & Warranty Two years on all mechanical components Ten year limited warranty on water heater Mechanical support: Unlimited Factory Support Factory Start up and on site training INOV8 will train HVAC contractor of choosing INOV8 will provide support via a national service organization 17
INOV8 s Vision To provide consumers options for energy savings. To fully utilize energy from waste products. To produce products that reduce greenhouse emissions. To continue the development of alternate fuels until they are no longer considered alternates. To reduce US dependency on foreign fuels. To produce the safest, most reliable, innovative heating systems available. 18