Honeywell to Deliver Energy-Efficiency Programs for Pepco Holdings

MINNEAPOLIS, Oct. 15 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) today announced a three-year, $12.8-million contract with Pepco Holdings, Inc. (PHI), the parent company of Pepco and Delmarva Power, to implement and manage a portfolio of energy-efficiency programs for homeowners in the utilities' District of Columbia and Maryland service territories.

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The programs, which include energy audits, equipment tune-ups, appliance rebates, contractor recruitment and training, and consumer education, will help residents cut energy consumption and costs. They are also expected to reduce PHI's electric load and environmental impact by conserving an estimated 220,000 megawatt-hours of energy over the course of the contract. This would result in the utility avoiding almost 158,000 metric tons of carbon emissions, which is equivalent to removing more than 280,000 cars from the road for a year, according to figures from the U.S. Environmental Protection Agency.

PHI and Honeywell expect the programs to reach more than 800,000 customers. And Honeywell will provide training, marketing and customer service to drive participation.

"Implementing multiple programs across a widely-dispersed and diverse customer base requires the right level of experience and an effective, targeted strategy," Charles R. Dickerson, Vice President Customer Care for Pepco Holdings, Inc. "Honeywell offers the range of expertise necessary to help get customers involved and further our energy savings goals."

Honeywell will launch and oversee three programs, and help expand a fourth. The company's data management system will manage all program data and interactions, including customer participation, energy impact calculations and ongoing customer communications, and provide a Web-based reporting dashboard that covers all programs.

  • Home Performance with Energy Star® Program will provide residential Maryland customers incentives for participating in home energy efficiency surveys, undergoing energy audits and implementing energy-efficient improvements in their homes. Local contractors will be recruited to deliver services, and Honeywell will provide marketing, customer education and customer care.
  • Residential Lighting and Appliance Program promotes the switch to high-efficiency lighting and appliances like refrigerators and electric water heaters. Honeywell will help PHI expand the existing program's reach by working with independent retail locations in the district and Maryland. Customers will be eligible for rebates when they purchase specified Energy Star products at participating retailers.
  • Residential HVAC Efficiency Program will increase the number of tune-ups performed on existing air conditioners and heat pumps, and encourage homeowners to buy high-efficiency systems when replacements are necessary. Honeywell will provide local heating, ventilation and air-conditioning (HVAC) contractors with the tools and training to ensure proper equipment installation and maintenance. The company will also help contractors market the program to their customers, who will be eligible for rebates based on work performed and subsequent realized energy savings.
  • Residential Low Income Program will provide energy conservation and education services to qualified income-eligible utility customers in Maryland. Honeywell will coordinate with local community-based organizations and contractors to recruit customers and deliver program services.

The new programs will begin in the fourth quarter of 2009 and continue through 2012.

"Utilities need to engage their customers for energy-efficiency programs to be a success," said Paul Orzeske, President of Honeywell Building Solutions. "And that's the expertise and experience Honeywell brings. We'll help Pepco and Delmarva Power meet their efficiency goals through tactics that connect with customers and deliver savings."

Honeywell Utility Solutions, part of the Building Solutions business, specializes in all aspects of demand-side management programs from design and technology to marketing and customer support. With 30 years of experience in the utility industry, it is one of the largest implementers of residential demand response in North America. The company also provides smart grid, and energy and water efficiency solutions. For more information, visit www.honeywell.com/utility.

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

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