Honeywell to help U.S. Army boost energy efficiency
Honeywell and the U.S. Army have announced a $43.6-million infrastructure modernization project at Letterkenny Army Depot (LEAD) in Chambersburg, PA. The project will provide critical improvements and upgrades at the Pennsylvania facility that are expected to cut energy use more than 25%, reduce water consumption nearly 50%, and generate approximately $4.1 million in annual energy and operational savings.
The upgrades are part of a 20-year energy savings performance contract awarded by the U.S. Army Corps of Engineers, Engineering and Support Center in Huntsville, AL. The contract allows the Army to make extensive improvements at LEAD without an upfront capital investment or additional taxpayer dollars. The work is backed by a financial firm and Honeywell guarantees the upgrades can generate the projected savings necessary to repay the loan, creating a self-funded project. In addition to producing immediate results, the project is a critical step for LEAD in meeting the requirements of a Presidential Executive Order, which calls for federal facilities to reduce energy consumption 30% by 2015.