Honeywell updates Denver Housing Authority

Posted: February 19th, 2008 | Author: mfguide | Filed under: Investment | No Comments »

Showing that housing authorities and other owners can be lucrative customers, Honeywell is upgrading the heating and cooling systems of the Denver Housing Authority. As part of the Greenprint Denver program, Honeywell was awarded an $11.6 million dollar, 12-year contract to reduce utility costs. Interestingly, the project is expected to be revenue-neutral, as savings should offset costs. Phase 1 is expected to finish in August 2008, just 12 months after the awarding of the contract.

“The first phase of the program will focus on traditional infrastructure upgrades to more than 940 DHA buildings, including hi-rise apartments, single-family homes and offices. Honeywell will make improvements to heating, ventilation and air-conditioning (HVAC) systems, install new boilers and furnaces, seal buildings to reduce the loss of hot and cool air, retrofit existing fluorescent lights with energy-efficient fixtures, upgrade plumbing systems with aerators for improved water conservation, and replace resident refrigerators with high-efficiency Energy Star models.”

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