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HONEYWELL AND CPS ENERGY EXPAND EFFORTS TO HELP MAKE THE ELECTRICAL GRID SMARTER, MORE RELIABLE

MINNEAPOLIS, March 26, 2014 – Honeywell (NYSE: HON) today announced a two- year program with CPS Energy in San Antonio, Texas. The utility will use automated demand response (ADR) technology and services from Honeywell to connect and collaborate with commercial and industrial customers, and adjust electricity consumption when the demand for energy peaks. As a result, CPS Energy will have additional tools to enhance the stability of the Texas electrical grid, especially on hot summer days when air conditioners and other cooling equipment are often running at capacity.
The program is expected to be the largest ADR deployment by a municipal utility, and will build on a successful pilot project that CPS Energy and Honeywell completed last year. The pilot included nine commercial and industrial facilities, and helped trim demand by approximately 1.5 megawatts (MW) — a more than 10 percent reduction in each building on average. Honeywell and CPS Energy will look toenroll 60 additional sites, bringing the potential reduction to nearly 6 MW, enough electricity to meet the typical load of more than 2,200 homes. For more information visit: http://www.marketwatch.com/story/honeywell-and-cps-energy-expand-efforts-to-help-make-the-electrical-grid-smarter-more-reliable-2014-03-26?reflink=MW_news_stmp
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