SaskPower/Honeywell Help Saskatchewan Businesses Save Energy and Money


    



    
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<p>REGINA, Saskatchewan, <span class="xn-chron">March 25</span> /CNW/ -- SaskPower and Honeywell (NYSE:   HON) have signed a five-year contract to continue their Energy Performance Contracting (EPC) Program in Saskatchewan.</p>
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    (Logo: http://www.newscom.com/cgi-bin/prnh/20071030/AQTU029LOGO)

    
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<p>"SaskPower and Honeywell will continue their alliance to help our province's larger businesses reduce their energy use, and their energy costs," Minister responsible for SaskPower <span class="xn-person">Bill Boyd</span> said. "The EPC program also delivers significant environmental benefits, and plays an important role in our efforts to curb greenhouse gas emissions."</p>
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<p>EPC is an energy management service designed to help commercial and institutional customers reduce energy related operating costs through upgrades to lighting, heating, cooling and ventilation systems. The energy and cost savings are guaranteed by SaskPower, which means upgrades can be done within current operating budgets.</p>
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<p>"We are pleased to continue our alliance with Honeywell," SaskPower vice-president Customer Services <span class="xn-person">Judy May</span> said. "Over the past 10 years we've signed EPC projects to upgrade more than 200 facilities in Saskatchewan, including schools, commercial buildings, government and health facilities, as well as SaskPower's own buildings in Regina."</p>
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<p>The projects underway to-date through the SaskPower/Honeywell alliance will realize combined annual customer utility savings of more than <span class="xn-money">$5.1 million</span> and save over 32 million kilowatt hours (kWh) of electricity each year.</p>
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<p>"The program brings significant benefits to local organizations, upgrading facilities across the province while saving millions," Paul Orzeske, president of Honeywell Building Solutions said. "SaskPower and Honeywell bring the combined expertise to reduce energy use and carbon dioxide emissions -- all without up-front costs or increased budgets. It's a dynamic alliance."</p>
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<p>Honeywell is a global leader in energy and environmental services, working with organizations to conserve energy and optimize building operations. In Saskatchewan, the company has a team of local employees working with SaskPower to deliver the building retrofits and energy savings under the EPC program.</p>
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    About SaskPower
    
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<p>As the principal supplier of electricity in Saskatchewan, SaskPower is a provincial Crown corporation that serves more than 467,000 customers and manages <span class="xn-money">$4.5 billion</span> in assets. We have a team of over 2,600 permanent full-time employees located in 71 communities. Our company operates three coal-fired power stations, seven hydroelectric stations, four natural gas stations and two wind facilities, with a total available generation capacity of 3,840 MW. We maintain more than 157,000 kilometres of power lines, 56 high voltage switching stations and 184 distribution substations.</p>
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    About Honeywell
    
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<p>Honeywell International (<a href="http://www.honeywell.com">www.honeywell.com</a>) 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, <span class="xn-location">London</span>, and <span class="xn-location">Chicago</span> Stock Exchanges. For more news and information on Honeywell, please visit <a href="http://www.honeywellnow.com">www.honeywellnow.com</a>.</p>
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<p>This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.</p>
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For further information: For further information: James Parker of SaskPower, Regina, +1-306-566-3167, cell, +1-306-536-2886, jparker@saskpower.com; or Aaron Parker of Honeywell, +1-763-954-4257, cell, +1-763-607-6108, aaron.parker@honeywell.com Web Site: http://www.honeywell.com


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