MINNEAPOLIS, Nov. 2, 2016 /PRNewswire/ -- Honeywell (NYSE:
HON) announced a $15 million
smart grid project with Connexus Energy, Minnesota's largest customer-owned electric
cooperative, to deploy advanced smart grid technology to improve
electricity service and reliability, and help the utility's 130,000
members better manage their energy consumption.
Under the project, Honeywell will install more than 138,000 of
its EnergyAxis® connected meters and its new SynergyNet™
mesh networking platform for the utility. When completed in 2018,
the fully integrated system will provide Connexus Energy with
real-time data on customer's energy consumption for more accurate
billing, better management of usage, and the ability to more
accurately detect meter tampering and outages for faster
recovery.
Instead of relying on time-consuming manual meter data
collection, Connexus Energy, whose service territory spans seven
counties and covers 1,000 square miles in the northern part of the
Minneapolis-St. Paul metro area,
will be able to gather meter data at any time for a more accurate
view of territory-wide usage. The system also provides two-way
connectivity for additional energy management measures, giving the
utility more options for future efforts, including demand response
programs and time-of-use pricing.
"Our mission is simple: keep the lights on for our members
by providing electricity in the most cost-effective, reliable and
environmentally responsible manner," said Greg Ridderbusch, chief executive officer of
Connexus Energy. "Honeywell's smart grid technology will help us
continue to meet these goals while providing a path for greater
efficiencies and innovations in how we deliver electricity to one
of Minnesota's fastest-growing
corridors — and how customers use it."
"Together, Honeywell and customers like Connexus Energy
are fundamentally changing the way the world and our communities
manage and use energy," said Rob
Tupker, president of Smart Energy, Honeywell Home and
Building Technologies. "This smart grid project supports the
utility's priority of sound energy management and delivery, while
preparing the cooperative to take advantage of future opportunities
and innovations to drive deeper savings for customers."
This project builds on Honeywell's other work with Connexus,
which includes providing thermostats to Connexus Energy's Wi-Fi
Thermostat Rebate Program. The program provides customers with
monetary incentives to install Wi-Fi programmable thermostats that
enable users to adjust settings from anywhere, at any time, and can
help them save on their heating and cooling costs.
Honeywell provides complete smart grid and energy management
solutions that drive energy efficiency, operational improvements
and cost savings for utilities, commercial and industrial
customers, and consumers. It has more than 120 active EnergyAxis
deployments worldwide, including 77 in the United States.
Visit www.honeywellsmartenergy.com for more information on
company's broad smart grid technology and services.
About Honeywell Home and Building
Technologies
Honeywell Home and Building Technologies (HBT)
is a global business with more than 44,000 employees worldwide. HBT
creates products, software and technologies found in more than 150
million homes and 10 million buildings worldwide. We help
homeowners stay connected and in control of their comfort, security
and energy use. Commercial building owners and occupants use our
technologies to ensure their facilities are safe, energy efficient,
sustainable and productive. Our advanced metering hardware and
software solutions help electricity, gas and water providers supply
customers and communities more efficiently. For more news and
information on Honeywell Home and Building Technologies, please
visit http://www.honeywell.com/newsroom.
Honeywell (www.honeywell.com) 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. For more news and information on Honeywell, please visit
www.honeywell.com/newsroom.
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SOURCE Honeywell Home and Building Technologies