Honeywell Powers Solano County Detention Facility With Solar Panels

MINNEAPOLIS, Feb. 12 /PRNewswire-FirstCall/ -- Honeywell (NYSE:HON) today announced that Solano County in the San Francisco Bay Area has awarded the company a solar project that is expected to save the county more than $1 million in energy costs over the next 20 years. Under the agreement, Honeywell will install a 746-kilowatt solar array near the Claybank Adult Detention Facility and sell the electricity produced by the panels to the county for use in the detention facility.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071030/AQTU029LOGO)

"Solano County is committed to using renewable energy wherever we can to offset greenhouse gas emissions and reduce our dependence on fossil fuels," said John Vasquez, Solano County supervisor. "It's also a wise financial decision. The new solar array will help us lower and stabilize operating costs, allowing us to focus more resources on serving our residents."

The solar array is expected to generate almost 1.2 million kilowatt-hours of electricity annually -- enough energy to power more than 100 homes per year. It will supply more than 60 percent of the electricity necessary to run the detention facility, and it will significantly reduce energy costs during peak consumption when utilities typically charge a premium.

The new array will deliver substantial environmental benefits as well, cutting carbon dioxide emissions by more than 14,500 metric tons over the course of the contract. According to figures from the U.S. Environmental Protection Agency, this is equivalent to removing almost 3,100 cars from the road for a year or planting more than 12,000 acres of trees.

"Identifying the right renewable energy technology to meet a customer's unique requirements, and doing it in a fiscally responsible way, is our goal in helping customers go green," said Kent Anson, vice president of Global Energy for Honeywell Building Solutions. "Solano County will benefit for years to come from the financial and environmental benefits this project will deliver."

Honeywell will install the solar array on a former military site, which has been converted into a parking lot for local school buses, close to the detention facility. The company will build bus ports on the lot and place the solar panels on top of the structures, generating renewable energy and providing shade for the vehicles.

"We're taking land that can't be developed and putting it to good use," said Jason Campbell, facilities manager for Solano County. "Not only are we using green energy, but we're doing it in a smart, sensible way."

With this solar installation, the county will bring its power generation capacity to more than 1 megawatt through renewable energy technology. The county has two other solar electric facilities: a 230-kilowatt system on the roof of the Health and Social Services building and a 120-kilowatt array on the parking structure of the County Government Center.

Honeywell expects to install the solar panels and begin providing Solano County with electricity by September 2008. After the 20-year agreement expires, the county can continue purchasing electricity from Honeywell or acquire ownership of the panels.

Honeywell International is a $36 billion 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. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please visit http://www.honeywell.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 http://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

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.