SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

         Pursuant to Section 13 or 15(d) of the Securities Exchange Act

                                 March 4, 2003
                                 Date of Report
                        (Date of Earliest Event Reported)

                                 TELKONET, INC.
                 (formerly known as Comstock Coal Company, Inc.)
             (Exact Name of Registrant as Specified in its Charter)

                               902-A Commerce Road
                            Annapolis, Maryland 21401
                    (Address of principal executive offices)

                                  410/897-5900
                          Registrant's telephone number

        Utah                                             87-0627421
(State of Incorporation)                    (IRS Employer Identification No.)

ITEM 5.     Other Events

The following press release was issued to announce the strategic alliance
agreement with Choice Hotels International (NYSE:CHH)



                            Telkonet & Choice Hotels
                               Strategic Alliance

              One of the World's Largest Hotel Franchise Companies
                 Teams With Telkonet to Offer "PlugPlusInternet"


Annapolis, MD-March 4, 2003 Telkonet, Inc. (OTCBB: TLKO) The Leader in
Commercial Powerline Communications, announced today that it has entered into a
strategic alliance agreement with Choice Hotels International (NYSE:CHH), one of
the largest hotel franchise companies in the world with more than 5,000 hotels,
inns, all-suite hotels and resorts open and under development in 46 countries
under the Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Rodeway Inn,
Econo Lodge and MainStay Suites brand names.

The Choice Hotels-Telkonet agreement is an initial two-year renewable contract,
wherein Telkonet will become a Choice Endorsed Vendor offering Telkonet's
"PlugPlusInternet" high-speed Internet access service to Choice Hotels U.S.
franchisees. Telkonet and Choice Hotels will undertake cooperative efforts for
the marketing, advertising and promotion of Telkonet's Internet access solution
to their franchisees prior to and through the Choice Hotels national convention,
May 7-9 in Orlando, Florida. Choice Hotel franchisees that take advantage of
Telkonet's "Early Adopter Program" will receive an additional $2,400 savings by
scheduling prior to or at the national convention.

Pete Musser, Chairman of the Board of Telkonet stated, " Partnering with Choice
Hotels at this time positions Telkonet with direct and credible access to a
substantial segment of the U.S. hospitality market through Choice Hotels'
franchisees. The success of our Early Adopters Program for Choice Hotels has the
potential to propel Telkonet into a strategic 'first mover' advantage position
in the hospitality industry."

Ronald W. Pickett, President of Telkonet stated, "Telkonet's `PlugPlusInternet'
product is perfect for hotel installation; in fact, in our business plan we
refer to the hotel market as one of our 'Sweet Spots'. In a hotel setting no one
can do what we do. The Telkonet solution can be installed in one day without any
disturbance to guests or disruption to the hotel's business. Our
'PlugPlusInternet' solution delivers unparalleled Internet access versatility
for the hotel's guests while offering the security of a wired system and the
convenience of a wireless system at the best price.

Telkonet is an innovative creator of unique Powerline Communications (PLC)
solutions for the commercial and industrial markets, which utilizes their
patent-pending technology. Telkonet invents new methods for delivering
high-speed Internet access over the standard electrical lines already installed
in buildings.

The "PlugPlusInternet" solution set is comprised of two products, the
"PlugPlusInternet" Gateway and the "PlugPlusInternet" Modem designed to meet the
commercial needs of hotels, office buildings, schools, shopping malls, and
multi-dwelling residential markets.

The Telkonet "PlugPlusInternet" family of commercial products provides excellent
connectivity over the existing electrical wiring and does not require the costly
installation of additional wiring, or major disruption of business activity. In
many situations the "PlugPlusInternet" system can be implemented more quickly
and less expensively than adding dedicated wiring or installing a wireless
system offering a viable and cost effective alternative to the challenges of
hardwiring and wireless LANs.

Statements included in this release may constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
statements involve a number of risks and uncertainties such as competitive
factors, technological development, market demand and the Company's ability to
obtain new contracts and accurately estimate net revenues due to variability in
size, scope and duration of projects, and internal issues in the sponsoring
client. Further information on potential factors that could affect the Company's
financial results, can be found in the Company's Registration Statement and in
its Reports on Forms 8-K filed with the Securities and Exchange Commission
(SEC).

Choice Hotels, Choice Hotels International, Comfort Inn, Comfort Suites,
Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn and MainStay Suites are
registered trademarks and service marks of Choice Hotels International, Inc.

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