The project will enable building operators to decrease their energy use, utility bills and CO2 emissions.
The project will also help alleviate the potential for future transmission and distribution bottlenecks as the peak demand for energy grows, the company said.
Honeywell will install automated demand response (Auto DR) technology in the selected facilities.
The utility will then work with the customers to trim peak electricity use, and reduce strain on the local networks and substations, which are nearing capacity.
Honeywell Building Solutions president Paul Orzeske said that a smarter grid is essential to balancing supply and demand in the most efficient, sustainable way possible.
"But utilities also need to connect with their customers in new ways and Auto DR creates those bonds. It’s flexible enough to meet a variety of energy challenges, from daily grid congestion issues to intermittency concerns that stem from micro-generation," Orzeske said.
In addition to providing and implementing the technology, Honeywell will offer consulting and engineering services to help the customers develop shed strategies, looking for ways to briefly reduce energy use with minimal impact to operations.