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Can an ice-powered air conditioner take the edge off scorching summer electrical bills?

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Can an ice-powered air conditioner take the edge off scorching summer electrical bills?

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A young company called Ice Energy has developed an energy-storage system that uses a tank of water to cut down on the power required for air conditioning by 30 percent. Click here to see the photo. The company’s Ice Bear units, roughly the size and shape of a squat refrigerator, are an adjunct to standard centralized air-conditioning units.

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