As temperatures soar, so does the amount of energy consumed by air conditioners and the amount of money spent them -- 'IceBank', designed by CALMAC, is an innovative new way to provide air conditioning to buildings and homes while cutting costs in the process.
According to Popular Science, the system works by letting a coolant pass through it in order to cool the contents overnight. Additionally, the IceBank tracks when one's AC is being used the most -- usually during the day -- and runs a cooling solution through a heat coil, chilling the air that is blown through the air duct to cool a particular space.
Owners are able to save money by consuming energy when prices are lowest, at night, rather than during peak usage hours. This new source of clean, cool energy comes in various sizes to meet the needs of different buildings.