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I am interested in a small system that could use hot air or water to create electricity to meet a home's need.
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G'day Mate,
The answer is YES
You should do a Google search on "Organic Rankine Cycle" or "Rankine Cycle Solar" or "Geothermal Rankine"
I would suggest clicking on this link below to an Australian developer & manufacturer of a device that converts Solar Hot Water into Electricity,
http://www.cogenmicro.com/index.php?select=167 There is an great inimation of how the process works as well as video links on youtube that show the thing working
Have a good one !
Dr. Dave
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