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Energy Service Companies (ESCOs)Honeywell International
General Information:Honeywell is a diversified technology and manufacturing leader, serving customers worldwide with control technologies for residential, commercial, and industrial buildings; power generation systems; and aerospace products and services. Honeywell’s Automation and Control Solutions Division (ACS) has been in the Energy Performance Contracting Services (EPCS) business since 1982, and through 2001 has successfully implemented over 4300 projects with a total value of nearly $2.4 billion. Honeywell commits to involving its customers in the development of their individual program, establishing teams to represent both organizations to ensure mutual understanding of project strategies and goals. This approach is integral to the process, as it has a direct impact on the speed, quality, and customer satisfaction associated with the EPCS project.
Awards:Honeywell has been recognized by the U.S. Department of Energy and the Federal Energy Management Program for numerous award-winning energy and water management projects. Recent projects:Recent Colorado projects of note include a lighting retrofit, new rooftop HVAC units, 3 new boilers, a district-wide energy management system, and building system recommissioning for 18 buildings in the Pueblo 70 School District in Pueblo; a lighting retrofit, mechanical systems retrofit, boiler replacement and retrofit, and energy management system for 17 buildings in Glenwood Springs for the Roaring Fork School District; a base-wide lighting retrofit, chiller optimization, and energy management system for Schriever Air Force Base in Colorado Springs; and a boiler replacement, chiller replacement, lighting retrofit, variable speed pumping, steam trap replacement, water conservation, and utility rate negotiations for the National Institute of Standards and Technology in Boulder. Use of savings guarantees:Honeywell offers a variety of performance based guarantees to customers, including energy savings guarantees, operational savings guarantees, environmental condition guarantees, and an equipment uptime guarantee. Guarantees typically run for 10 to 20 years. Honeywell has guaranteed $2.4 billion in savings without ever defaulting on a guarantee. Financing options:Honeywell offers customized financial solutions for its customers that include various financing options at very competitive rates. Honeywell has agreements with multiple financial institutions with the experience and portfolios to finance any performance contracting project. When a project requires third party financing, Honeywell competitively selects among these financial institutions to acquire the most favorable terms. Its excellent credit rating and successful track record allows Honeywell to secure financing at favorable rates without delay – projects can expect funds to be available within 14 days of delivery order execution. Additional information:Honeywell’s Integrated Energy Services program addresses energy cost, usage, and management to integrate both supply side and demand side strategies to optimize the customer’s energy resources. In addition, Honeywell offers extensive water conservation programs and expertise. Honeywell is a U.S. Environmental Protection Agency ENERGY STAR® and Green Lights Ally and Recognized Manufacturer.
For more information, visit www.honeywell.com. |
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