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Press release from PR Newswire

Honeywell Introduces Online Energy Savings Calculator To Save Homeowners Energy And Money

Wednesday, July 31, 2013

Honeywell Introduces Online Energy Savings Calculator To Save Homeowners Energy And Money

09:00 EDT Wednesday, July 31, 2013

New Tool Helps Consumers Make Better Decisions as They Choose Programmable Thermostats for Their Homes

MINNEAPOLIS, July 31, 2013 /PRNewswire/ -- Summer heat waves lead to high electricity bills as homeowners make a beeline for their thermostats to crank up the air conditioning. But do they know they have options when it comes to saving money on energy to cool and heat their homes?

(Logo: http://photos.prnewswire.com/prnh/20130731/NY56099LOGO )

To help educate homeowners, Honeywell (NYSE: HON) today introduced an energy savings calculator on its website wifithermostat.com. The energy savings calculator gives homeowners an easy way to determine the energy and money savings they could experience by switching to a Honeywell Wi-Fi Smart or another of Honeywell's full line of programmable thermostats. It's simple; just enter your zip code and some basic information about how you heat and cool your home and your typical schedule during the winter and summer, and the calculator estimates the potential savings in both dollars and the carbon offset amount shown by an equivalent number of trees.

Honeywell's website also features a rebate finder, which allows homeowners to search for rebates on Honeywell Wi-Fi programmable thermostats based on zip codes. Local electric and gas utility companies, municipalities, counties and states offer the rebates, an acknowledgement that Honeywell thermostats give homeowners energy savings.

"Programmable thermostats save homeowners money on their utility costs," said Beth Wozniak, president of Honeywell Environmental and Combustion Controls. "But few homeowners realize this. Honeywell wants to help them make the best decisions for their homes and lifestyles. We have a full range of programmable thermostats for homeowners who are building a new home or want a do-it-yourself upgrade. And for those who need a little help, Honeywell has a huge network of professional contractors that can help install a new thermostat."

Both the energy savings calculator and rebate finder are powered by GreenOhm, which has an exclusive partnership with Honeywell for thermostat-specific tools. GreenOhm is a data and technology company that provides online and mobile solutions to communicate rebates and on-going cost savings estimates for energy saving products. For more information and to find the energy savings calculator and rebate finder visit www.wifithermostat.com.

"GreenOhm is thrilled to expand our partnership with Honeywell, the leader in thermostat products, providing their customers with the most advanced solutions and tools in the market today to identify local rebate opportunities and calculate precise ongoing cost savings," said Lee Guthman, co-founder and president of GreenOhm.

About HoneywellHoneywell (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. 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 www.honeywellnow.com.

This release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

Media Contacts:

Tammy Benker Swanson

Kristine David

Honeywell

SHIFT Communications

763-954-4917

415-591-8452

Tammy.benkerswanson@honeywell.com

kdavid@shiftcomm.com

 

SOURCE Honeywell

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