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Enginuity is the leading innovator in highly efficient Combined Heat and Power Systems (CHPs). Enginuity’s E|ONE will enable consumers to live comfortably on or off the grid, while saving money.
Powered by Enginuity’s proprietary power generation technology, Enginuity’s E|ONE micro-CHP system is an efficient generator delivering electricity, hot water and heat on demand. The entire system fits within the footprint of a standard water heater, and yet produces enough power to satisfy the electrical power requirements of a home.
In an emergency, E|One can seamlessly act as a backup generator during power failures, keeping your home powered when the grid goes down. E|ONE easily integrates with solar panels, batteries and EV charging systems for an ultra-clean environmental footprint.
The Problem
Fossil fuel power plants expend 65% of their power in waste heat, plus an additional 5% in transmission and distribution. This waste adds up to 1 Gigaton of CO2 emissions and $180 billion in unnecessary costs to homeowners. We believe the solution is Distributed Energy, where power is made right where it is needed, and the heat is used productively instead of just being wasted into the air.
Meanwhile, traditional backup electricity generators are noisy, expensive and difficult to install. Until now, no one has stepped up to provide consumers with a cost effective, efficient, and reliable in-home electricity generating appliance.
The Solution
To solve the problem of grid inefficiency, Enginuity created the E|ONE, an All-In-One appliance that functions as a home furnace, water heater, electrical provider and back-up generator, and fits within the footprint of a conventional water heater.
“Images used in this video are in the prototype phase. Enginuity’s E|ONE device is not currently available commercially.”
Enginuity designed the E|ONE so it can utilize, supply or transact power with the grid, and it can also operate completely off-grid for maximum reliability.
The Market
Enginuity’s initial target market is made up of the 80 million homes that use natural gas and propane in the US. 35 million of these homes are in states which we believe are ideal for E|ONE utilization due to their favorable economics and state incentives.
Every 5 years, homeowners can be expected to replace a water heater or furnace or buy a back-up generator. This is expected to generate 7 million annual sales opportunities for E|ONE, and capturing 5% of those would equate to 350,000 homes per year. In addition, there are 600,000 new natural gas homes built annually in the US and capturing 10% of this market would equate to 60,000 homes per year.
Altogether, we predict that our US annual potential market is around 410,000 units per year, or potentially more than $4 billion per year in revenue from these units alone. There are also additional potential revenue streams from value added services, such as financing, electricity transaction fees, and predictive maintenance that drives revenues from ancillary services.
Our Traction
We have already built multiple successful prototypes of our engines and of our E|ONE unit. Our groundbreaking technology is protected by 15 issued and 15 pending patents, covering our opposed piston technology, combined heat and power, and portable generation. A derivative of our technology, a hybrid generator-set, is pending a DoD award of a DoD contract.
In 2020, Enginuity won the “Best Home Technology Product,” “Best Energy Efficiency Product,” and “Best In Show” awards at the NAHB Builder’s show.
Currently, Enginuity has received two contracts from the U.S. Government, and, in addition, has a pipeline of approximately $12 million in U.S. government and other organizations grant applications to fund R&D.
What We Do
We believe Enginuity’s family of high-performance engines represent the world’s first production-ready 4-stroke inwardly-opposed piston engine. These engines possess a unique set of operational characteristics which make them well suited for residential Distributed Energy and hybrid power generation.
The E|ONE patented generator uses less fuel because of our patented liquid cooling solution, and it is compact and lightweight due to its lean architecture. The E|ONE’s low emissions already meet CARB limits for particulates, and the system is quiet and nearly vibration-free due to its unique “mirror balanced” design.
With this revolutionary technology, we plan to change the way we power our homes across the nation.
“Images used in this video are in the prototype phase. Enginuity’s E|ONE device is not currently available commercially.”
The Business Model
Enginuity’s operational plan is to bring our revolutionary engine technology to the market by leveraging existing installers, wholesale distributors, and other B2B channels.
The average E|ONE delivered value is $12,500, excluding installation. The average price paid to Enginuity amounts to $8,750 per unit. This puts our projected gross margin at 25% if we use contract manufacturing and 50+% if we build our own manufacturing facilities.
There are additional potential revenue streams from value added services, such as financing, grid integration and predictive maintenance.
How We Are Different
While our competitors use retrofitted transportation engines ill-suited for home use, or customized engineered solutions that are expensive to implement, our appliance-like solution is designed specifically for installation in already-existing homes across the US with the following benefits:
The Vision
We want to be a widespread solution for American homes, revolutionizing power and heating systems nationwide. We plan to scale towards an E|TWO product that can power small businesses and larger buildings.
As the world moves towards more solar and wind power, we believe natural gas powered generation and storage will become essential elements of building the next generation smart electricity grid and the E|ONE system will play a critical part in this smart grid evolution while simultaneously providing cost savings, added reliability and sustainability benefits to consumers.
OUR LEADERSHIP
Our committed team consists of former business owners, entrepreneurs, innovators and cleantech executive professionals with the skill set to help Enginuity transition to larger production commercial scale.
At the same time, our advisory board provides an impressive ecosystem of expertise to support Enginuity management team.
Why Invest
We have created competitive, patent-protected technologies that solve grid inefficiencies.
We are capital efficient, with a strong partnership-based commercialization plan, and we are ready to revolutionize the potentially $100 billion US home heat and power market.
Our proven management team and advisory board are supported by a network of experts, and we are dedicated to using our green technologies to reduce C02 emissions.
Join us as we revolutionize how we power homes across America.
The advantage of a fuel cell over an engine micro-CHP is the increased electrical conversion efficiency. This matters as electricity is worth more than heat unit for unit. However, that gap between an engine and fuel cell.
Company | : | Enginuity Power Systems, Inc. |
Corporate Address | : | 730 S Washington Street, Alexandria, VA 22314 |
Offering Minimum | : | $9,974.28 |
Offering Maximum | : | $2,999,977.34 |
Minimum Investment Amount(per investor) | : | $579.90 |
Offering Type | : | Equity |
Security Name | : | Class B non-voting stock |
Minimum Number of Shares Offered | : | 258 |
Maximum Number of Shares Offered | : | 27,677 |
Price per Share | : | $38.66 |
Pre-Money Valuation | : | $91,849,162.54 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Time-Based Perks*
Friends and Family Early Birds
Invest within the first 48 hours and receive an additional 20% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive an additional 15% bonus shares.
Early Bird Bonus
Invest within the first two weeks and receive an additional 10% bonus shares.
Amount-Based*
$1,000+ Tier:
Free Enginuity shirt.
$2,500+ Tier:
All perks from $1,000 tier + Priority order list. +3% bonus shares
$5,000+ Tier:
All perks from $2,500 tier + Free installation on first E-ONE units available to the public (Maximum 2 units) +5% bonus shares
$10,000+ Tier:
All perks from $5,000 tier (Maximum 2 units) + Upgrade to Top Priority order list + 20% discount ) + 7% Bonus Shares
$20,000+ Tier:
All perks from $10,000 tier (Maximum 2 units) + 30-minute call with the founders/executives with presentation and Q&A + 10% Bonus Shares
*All perks occur when the offering is completed.
The Company will not incur any irregular use of proceeds.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
As we are about to close this round, we look forward to seeing you at upcoming trade shows!
There’s so little time left to join our Investor Family – but you can still do it!
Treat yourself to some shares of Enginuity Power Systems.
Enginuity is currently promoting our upcoming E|ONE product, powered by our unique, highly efficient, proprietary engine, for usage in the ranges of 6 to 9 kWh, primarily for residential homeowners. In the upcoming winter 2022 trade show season, we plan to introduce our follow-up product, E|TWO, which will cover the 17 to 30 kWh range, and will be targeted for larger homes as well as for light commercial and industrial applications. Target markets include quick service restaurants, residences and hotels with pools, spas, swim centers, car washes, green houses, among many others. Stay tune for more news throughout the trade show season and beyond!
Not to scare you or anything, but we’re on-the-clock for counting down to the offer closing date of October 31, 2021.
Don’t be afraid to join our investor family – have confidence in how we are leading an energy-use evolution here in the United States. One that is ultra-efficient and offers a drastically reduced negative impact on our environment.
Right now is the perfect time for you to make your best decision of the day (if not the week, month and year!). You are here at our StartEngine investment page reading this update, just scroll up to the top and hit ‘Invest Now’. Questions? We have answers. Share them with us in the comments section.
Join our investor family today, the raise closes on 10.31.
Make your house the smartest home in the neighborhood. #SmartHome
Enginuity recently announced the launch of its RIHGS (Ruggedized Intelligent Hybrid Generator Set) program with the US Army. While the Department of Defense alone is a great potential market for Enginuity, a commercial version of these 2 to 5 kW follow-the-load (FTL) units will be ideal for the Hybrid Power Solution market, which was estimated to reach $690 million in 2021, according to Markets and Markets. Hybrid power solutions, combining a generator with a battery which can also be fed with renewable power, are ideally suited for off grid or bad grid areas, isolated grids and islands where power supply through grid is not economical and viable option. Follow Enginuity for more updates on our progress in this promising market space.
Enginuity's is committed to the energy transition and to provide consumers and buyers with cost-effective systems that lower carbon emissions for an eventual net-zero future tomorrow. Our award winning micro-combined heat and power (mCHP) systems (E|ONE is our first offering), and our hybrid generator set systems (RIHGS, see recent press release) are powered by an innovative, proprietary highly efficient, low emissions energy device.
Combined Heat and Power systems have been supported by the US Environmental Protection Agency (EPA) for a very long time, because they can provide energy efficiency levels of up to 90% versus 36% for grid based power. Using our E|ONE system extensively has been modeled internally to reduce residential carbon footprint by up to 50% in much of the U.S. Energy Efficiency is the #1 option to reduce carbon emissions in the short-term.
While the grid is certainly getting cleaner over time, Enginuity is committed to reduce the carbon footprint of our systems as well. We plan to expand the range of fuels our systems can run on to include low carbon fuels such as hydrogen as soon as practically and economically feasible. In 2022, we will test and validate our E|ONE unit on a blend of natural gas and hydrogen, as part as our strategy to reduce carbon emissions.
If you have been waiting until there are five (5) days left to the closing date before joining our investor family, then today’s your day!
We are very proud to share the news that our E|ONE has been selected as the winner of the Sustainable Solutions Category of the 2022 AHR Expo Innovation Awards Competition! The long-established AHR Expo is co-sponsored by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and the Air Conditioning, Heating, and Refrigeration Institute (AHRI).
If you will be attending the upcoming AHR show in Las Vegas, please stop by to see us at N7435….we’ll have a live and running E|ONE with us on-site.
Join our investor family soon, it closes on 10.31.21!
Enginuity aims to produce a widespread solution for American homes, revolutionizing power and heating systems nationwide. Our E|ONE System is designed to be compatible with widespread residential battery and solar panel specifications, and is therefore an ideal complement to solar energy. We plan to scale towards an E|TWO product that can power small businesses and larger homes and buildings.
As the world moves towards more solar and wind power, we believe natural gas powered back-up generation and storage will become essential elements of building the next generation smart electricity grid and Enginuity is designing this E|ONE system to play a critical part in this smart grid evolution while simultaneously providing cost savings, added reliability and sustainability benefits to consumers.
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