LEARN MORE AT energystar.gov Industrial SPPI Partner Teaming Profile Service/Product Provider Industrial Partner NOVI Energy, LLC 39500 Orchard Hill Place Dr. Novi, Ml 48375 Honeywell 4401 St. Andrews Rd. Columbia, SC 29210 Business: Energy Mgmt., Consulting, Business: Diversified Tech. and Infrastructure Dev., Turnkey CHP Anand Gangadharan, President/CEO Phone: 248-735-6684 Ext. 21 Manufacturing Rod Funderburk, Manager Phone: 803-750-4364 Email: rod.funderburk@honeywell.com Email: agangadh@novienergy.com NOVI Energy to deliver $1 million energy cost savings annually to Honeywell. Project Scope NOVI Energy identified savings opportunities through integrated facility assessments at Honeywell. Most recently, they have proposed a cogeneration plant with other steam system reliability improvements to reduce the cost of steam and electric by about $1 million at a single plant. Project Summary NOVI Energy developed and is in the process of implementing a site energy plan that optimizes existing energy systems, improves performance, and reduces energy costs. The proposed project includes a turnkey combined heat and power installation and related improvements. • Energy Savings Approximately $1 million per year guaranteed savings was committed to Honeywell • Investment No capital investment by Honeywell - approximately $14 million capital investment by NOVI Energy • Financial Return Project justified on a Power Purchase Agreement that delivers the savings • Other Benefits Improved productivity and reliability due to decreasing plant outages by approximately 4 to 6 days per year as a result of steam system improvements Monitoring & Verifying Energy Savings NOVI Energy is financing the project and thereby guaranteeing the savings. Distinguishing Value NOVI Energy displayed innovation, professionalism, and technical expertise while developing and implementing the project and ensuring that projected savings are realized. *»EPA United States Environmental Protection Agency ------- |