OR WAIT null SECS
During fiscal year 2020, Capstone Turbine saved end-use customers an estimated $219 million in annual energy costs and 368,000 tons of carbon. The fiscal 2020 results demonstrate continued progress in carbon savings, up 5% from the prior fiscal year, but were offset somewhat by cleaner electrical utility grids in the U.S. and Europe.
Total end-use customer energy savings dropped 13% compared to the prior fiscal year. This result is largely due to the decline in electricity rates as energy prices dropped in some key countries with significant fleets of Capstone combined heat and power (CHP) energy efficiency systems, which in turn has helped to drive the majority of the environmental and cost benefits. A single Capstone powered CHP system can provide customers an annual energy savings of an estimated 40% while simultaneously meaningfully lowering their carbon footprint.