Energy-Efficient Buildings Mean $1 Million In Annual Savings For Hillsborough, N.J., School District

Energy-Efficient Buildings Mean $1 Million In Annual Savings For Hillsborough,
                            N.J., School District

- Honeywell-Led Program Provides an Example for Reducing Energy Expenses in
Schools across the State

- Potential Savings from Similar Efforts in All New Jersey School Districts:
$140 Million Each Year

PR Newswire

MINNEAPOLIS, Aug. 26, 2014

MINNEAPOLIS, Aug. 26, 2014 /PRNewswire/ --Honeywell (NYSE:HON) today
announced it is leading an energy savings improvement program for New
Jersey-based Hillsborough Township Public Schools to help boost energy
efficiency, reliability and comfort in the district's facilities. When
complete, the upgrades are expected to reduce the school district's annual
operating costs by approximately $1 million, while promoting a better learning
environment for students and faculty.

The district will fund the program with a $1.7-million rebate available
through "Pay for Performance", a component of New Jersey's Clean Energy
Program that provides incentives for implementing whole-building energy
improvements, along with a $15-million energy performance contract with
Honeywell. The performance contract enables Hillsborough Township school
district to address certain building infrastructure needs using the annual
energy cost savings that result from the improvements. The savings are
guaranteed by Honeywell, which allows the school district to tackle the work
without additional capital funds or taxpayer dollars.

"It's a challenge for school districts like ours to budget for facility
needs," said Dr. Jorden Schiff, superintendent of Hillsborough Township Public
Schools. "We want our resources directed to students, but realize the physical
space is extremely important. With this program we don't have to choose
between student-focused initiatives and more modern buildings."

The work, which includes a variety of heating, cooling and energy-management
is expected to cut the district's energy use and costs almost 50 percent.
According to the U.S. Environmental Protection Agency, schools spend
approximately $75 per student on gas bills and $130 per student on electricity
each year. If all the districts in New Jersey were able to trim the same
amount of energy consumption as Hillsborough, the state could save
approximately $140 million annually.

"Opportunities to reduce energy costs are abundant, but the age-old question
for schools is, 'how do you find money to save money?'" said John Rajchert,
president of Honeywell Building Solutions. "Performance contracts help
districts and other public entities fund vital improvements through guaranteed
savings so they can capture and redirect those dollars, and avoid stretching
already lean budgets."

As part of the program, Honeywell will implement a combined heat and power
(CHP) system at Hillsborough High School and Hillsborough Middle School that
will help heat the buildings more efficiently and effectively, and supply some
of the energy needed to operate the facilities. It will also provide some
back-up power in the event of an outage, which is important since the high
school may serve as a community shelter.

Additionally, Honeywell will update existing lighting systems in the
district's buildings and parking lots with efficient, long-lasting LED
technology, and replace old boilers with energy-saving units, among other

The conservation measures are helping fund the installation of
air-conditioning equipment
in the high school and middle school as well, which will make classrooms more
comfortable. And, from an environmental perspective, the program will cut an
estimated 2,400 metric tons of carbon dioxide emissions annually — equivalent
to removing almost 420 cars from the road.

Honeywell has completed 12 guaranteed efficiency projects in government
buildings and schools in New Jersey since 2009. Combined, the work is expected
to deliver more than $6 million in annual energy and operational savings.

For more information, visit or follow
@HoneywellBuild on Twitter.

Honeywell ( is a Fortune 100 diversified technology and
manufacturing leader, serving customers worldwide with aerospace products and
services; control technologies for buildings, homes and industry;
turbochargers; and performance 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

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Aaron Parker               Mark Hamel
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SOURCE Honeywell

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