Updated at 7:32 a.m., Thursday, June 21, 2007
Hawaii Coast Guard facilities to get efficiency upgrades
News Release
MINNEAPOLIS — Honeywell (NYSE:HON) today announced it will upgrade building systems, and cut energy costs and greenhouse gas emissions at nine U.S. Coast Guard locations across California, Hawaii, Oregon and Washington.The improvements — which include innovative solar-powered utility metering and hot water technology — are expected to help the Coast Guard reduce its utility bills for these locations by more than 15 percent.
The 11-year, $15.1-million conservation program will impact 2.2 million square feet of space across more than 250 buildings. The work is funded by the energy savings the facility improvements generate. Honeywell guarantees the savings through a performance contract so the work should not increase Coast Guard operating budgets or require additional taxpayer dollars. This is Honeywell's second performance contract with the Coast Guard since 1999.
"This program will allow us to improve facilities and reduce energy costs with no upfront capital investment," said Commander Tom Hickey with the U.S. Coast Guard. "As a result, we're able to devote more resources to mission-critical assets, such as boats and aircrafts, which allow the Coast Guard to better perform its duties."
