MINNEAPOLIS - Honeywell has been awarded $8.8 million in contracts to upgrade building systems and reduce energy costs in four Illinois school districts: Schuyler-Industry School District, Rushville; Paw Paw School District, Paw Paw; Butler School District, Oak Brook; and Ridgeview School District, Colfax. The districts will fund the improvements from the energy and operational savings produced, and Honeywell guarantees the savings under a performance contract with each district.
"Buildings require major investments over the course of their lives, but like many districts, we haven't had the funding to make necessary changes," said Matt Plater, superintendent of Schuyler-Industry School District. "Our contract with Honeywell allows us to make improvements that provide optimal comfort and efficiency. As energy costs continue to rise, the return on investment increases."