This paper presents a new thermogenerator based on moderate-temperature (up to 175°C) BiTe modules available on the open market. Despite this handicap relative to commercial thermogenerators based on high-temperature proprietary-technology PbBi modules (up to 560°C), this new design may become economically competitive due to its innovative thermal sink. Our thermal sink is based on a free-convection water loop built with standard tubing and household hot-water radiators, leading to a more practical, modular design. So, the specific cost of about 55,000 USD/kW obtained for this 120-W prototype is improved to 33,000 USD/kW for a 1-kW unit, which represents about half the price of commercial thermogenerators. Moreover, considering recently launched BiTe modules (that withstand up to 320°C), our proposition could have an even more favorable outlook.