NEWARK, NJ - Honeywell is expected to help cut the city’s annual energy costs across 17 buildings by 36 percent at a tune of $1 million annually.
The engineering company was selected as the city’s Energy Services Company as part of the Newark’s Department of Engineering’s Sustainability Action plan. The 17 buildings that will be upgraded include city hall and Newark Symphony Hall.
“We understand how important it is for cities to lead the movement for climate action, energy equity and cleaner air,” said Newark Mayor Ras Baraka in a statement. “This is why Newark is committed to doing our part by developing solutions, implementing programs and working with partners like Honeywell to help us achieve energy savings, reduce greenhouse gases and pollution, and bring quality of life benefits home to Newarkers.”
The facilities will receive energy upgrades due in part to a $2.3 million rebate from the New Jersey Clean Energy Program. A $15.4 million energy-saving service contract over 20 years is also helping. Honeywell guarantees the savings, which eliminates upfront investment and makes the project self-funding, the city said.
“These projects can effectively pay for themselves with funding enabled through guaranteed savings,” said Honeywell Building Solutions Americas Vice President Wayne Kent in a statement. “That’s a win for both city leaders and their communities.”
The project will include the use three cogeneration plants that will generate electricity and heat two recreation centers and city hall. A management system will also be installed that allows building managers to control and monitor multiple facilities from a single location.
The city also plans to upgrade lighting with more energy efficient LEDs too. Room occupancy sensors will be installed and there will be upgrades to city hall’s existing boiler plant.
The improvements are expected to be completed by the end of this year. Overall, the upgrades will help Newark reduce greenhouse gas emissions by 2,930 metric tons a year, which is equivalent to eliminating 564 cars from the road.
“As someone who was born and raised in the Ironbound section of Newark, this project is personally meaningful for me,” said New Jersey Board of Public Utilities President Joseph Fiordaliso in a statement. “I am extremely pleased that our energy efficiency rebate program is playing such a prominent role in a project that will not only save Newark money but also help the city meet its clean energy target.”