Owl Power Company has announced Vegawatt, an innovative new cogeneration system for restaurants and food service facilities. Vegawatt uses waste vegetable oil from any food service operation as a fuel to generate on-site electricity and hot water, saving the restaurant thousands of dollars as well as providing a clean, renewable source of energy. Any food service location with fryers can use the Vegawatt system to save $800 monthly. It is a fully automated system that requires no intervention or maintenance by restaurant staff, no additional chemicals, and produces no liquid byproducts.