This report presents the opportunity for the Ithaca Area Wastewater Treatment Facility (IAWWTF) to maximize its revenue by utilizing the potential of existing Combined Heat and Power (CHP) turbines and exploring other energy sources and their possible implementations. The report also analyzes four different scenarios to maximize revenues for the plant by increasing the capacity of CHP turbines and adding other alternative sources of energy, such as biodiesel, solar photovoltaic and hydro-turbines. This feasibility study is intended for the use of the IAWWTF and professionals interested in producing electricity and heat in a more environmentally friendly way. We hope that our study will help the IAWWTF and the Ithaca communities to reduce their CO2 footprints.