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Honeywell Helps City of Dayton Meet Sustainability Goals Without Additional Taxpayer Dollars

Posted on: Tuesday, 28 April 2009, 08:05 CDT

Energy-Efficient Upgrades and Facility Improvements Reduce Emissions; Costs Covered by Energy Savings

MINNEAPOLIS, April 28 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) today announced that the City of Dayton, Ohio, has awarded the company a $3.2-million energy conservation and building modernization program that will decrease utility expenses and greenhouse gas emissions at the targeted facilities by more than 30 percent.

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Funded through a 10-year performance contract, the program includes a variety of infrastructure upgrades that are expected to cut $420,000 in annual energy and operating costs. The city will use the energy savings, which are guaranteed by Honeywell, to pay for the improvements. So the work will not increase city operating budgets or require additional taxpayer dollars.

The program will also help the city meet goals outlined in its recently adopted Sustainable Practices Policy, put in place to promote a cleaner, healthier environment, as well as commitments it has adopted as part of the U.S. Conference of Mayors Climate Protection Agreement.

For example, the upgrades will reduce electricity consumption by an estimated 3.7 million kilowatt-hours per year -- enough energy to power more than 350 homes annually. They will also decrease carbon dioxide emissions by nearly 4,000 tons each year. According to figures from the U.S. Environmental Protection Agency (EPA), this is equivalent to removing more than 650 cars from the road or planting 825 acres of trees.

"This energy work demonstrates the city's commitment to improving the quality of life in and around our community," said Dayton Mayor Rhine McLin, who has joined more than 500 other mayors working to reduce greenhouse gases under the Climate Protection Agreement. "The energy-efficiency improvements allow us to decrease our environmental impact and utility costs, while providing our city with an opportunity to modernize building equipment that was in definite need of repair or replacement."

The program will impact more than 12 city facilities, and will include upgrades to heating, ventilation and air-conditioning (HVAC) equipment, building controls and lighting. Honeywell will also seal buildings to reduce the loss of warm and cool air, and switch traffic signals to more efficient light-emitting diode (LED) technology. Specifically, four major projects were identified as critical to the operation of the city:

• Replacement of the HVAC system at the city's fleet garage
• Installation of an HVAC system at the 2nd District Police Station
• Installation of two new rooftop cooling units at City Hall
• Replacement of the cooling system at the city's One Stop Permit Center

In addition, Honeywell will help city officials complete the necessary audits and improvements to earn the Energy Star(R) seal of approval for City Hall. An Energy Star-qualified facility meets strict energy performance standards set by the EPA and U.S. Department of Energy, and uses less energy, is less expensive to operate and emits fewer greenhouse gasses than its peers.

"The City of Dayton is a fine example of how a city can adhere to sustainability commitments even when budgets are tight," said Paul Orzeske, president of Honeywell Building Solutions. "Performance contracts are beneficial to cities that have the desire to become more energy efficient, improve their facilities and reduce their environmental footprint without negatively impacting the bottom line."

The Honeywell program is underway and residents can expect to see work on the traffic signals immediately. All the projects should be completed by the end of 2009.

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions, access www.honeywell.com/buildingsolutions.

This release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

SOURCE Honeywell

Source: PR Newswire

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