MINNEAPOLIS, May 21, 2008 (News Release)

Honeywell (NYSE:HON) today announced a $4.25-million permanent load-shifting program with Southern California Edison (SCE) that will reduce the utility bills of commercial customers and decrease electricity consumption during peak day-time hours.

The Night Shift program is expected to deliver 2.5 megawatts of peak power relief between noon and 6 p.m. — when energy use and utility rates are highest. This is enough capacity to cover the electricity needs of more than 600 homes.

Honeywell will manage the program for SCE, retrofitting approximately 300 roof-top air conditioners with Ice Bear hybrid air-conditioning units from Ice Energy. The Ice Bear system freezes water in a storage tank at night when electricity costs are low. When the air conditioner is on in the day, the stored ice cools the refrigerant instead of a condensing unit, which consumes the most energy in an air conditioner. As a result, the modules cut peak cooling demand by up to 95 percent.

The program also will reduce power generation emissions associated with cooling by approximately 20 percent or more because generating sources used during peak periods have a higher emissions rate than those used to serve base load energy needs at night.

“The Night Shift program enables our commercial customers to maximize cost savings through innovative green technology,” said Lisa Cagnolatti, SCE vice president, Business Customer Division. “The program will help to reduce high energy demand patterns we typically see in the summer months.” Night Shift is for mid-commercial customers who have buildings with 3 to 20-ton rooftop air-conditioner units and an electricity demand of at least 200 kilowatt-hours per day. Facilities that fit this profile typically include office buildings, libraries, school and university buildings, and big box retail stores. Customers who participate in the program will receive a rebate from SCE to help offset some of the equipment and installations costs. They also will realize ongoing energy savings based on time-of-use electricity rates that reward off-peak consumption.

The hybrid cooling systems are specifically designed for refrigerant-based air conditioners, which serve nearly 80 percent of commercial buildings in California. This differs from other permanent load-shifting programs that have traditionally targeted only water-based air-conditioning units. Consequently, Night Shift can accommodate a wide range of commercial customers and help them cut their energy bills.

“Utilities such as Southern California Edison need more than a quick fix when it comes to managing energy consumption, and Honeywell is addressing this through smart, permanent programs that use existing power generation more efficiently,” said Kent Anson, vice president of Global Energy for Honeywell Building Solutions. “We specialize in programs that leverage state-of-the art technology to drive savings to utilities and their customers.”

Honeywell Utility Solutions, part of Honeywell Building Solutions, designed the Night Shift program for SCE. The company will oversee marketing, customer service, installation and rebate processing for the program, which is currently underway. Customers who are interested in participating can visit www.nightshiftprogram.com or call 800-485-2321 for additional details.

With 30 years of experience, Honeywell Utility Solutions has one of the longest, most successful track records deploying demand response, energy conservation and smart metering programs in North America. The business has helped millions of homeowners and organizations reduce their energy and water consumption through its work with utilities. For more information, visit www.honeywell.com/utility.

Nearly 50 percent of Honeywell’s product portfolio company-wide is linked to energy efficiency. The company estimates that the global economy could operate on 10 to 25 percent less energy by using today’s Honeywell technologies.

Honeywell International is a $37 billion 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, London and Chicago Stock Exchanges. For additional information, please visit www.honeywell.com. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions, access www.honeywell.com/buildingsolutions.

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