CIN Cinergy Corp

Ohio University has been awarded a $43,500 grant for the Dairy Lane Eco-House from Cinergy's Greenhouse Gas Fund which invests in projects that support Cinergy's commitment to reduce its greenhouse gas emissions to 5% below 2000 levels by 2010 and keep them at that level through 2012. Cinergy Corp. (NYSE:CIN) selected Ohio University for this award because, according to John Stowell, Vice President for Federal Legislative Affairs and Sustainability, "As an institution of higher learning, Ohio University's Eco-House presents a tremendous opportunity to promote greater awareness of the need for solutions to the problems created by greenhouse gas emissions among our future leaders." The purpose of the Eco-House is to create a venue for showcasing leading edge green technologies. The project is intended to educate and encourage students, staff, faculty and the community about how to apply these technologies to conserve energy and reduce greenhouse gas emissions in a sustainable manner. Ohio University established the Eco-House in the Spring of 2005. Representatives from several disciplines and departments on campus, as well as community members, local businesses and student organizations were involved in the development of the project. "We commend Ohio University on their exemplary vision of a green and sustainable world and are pleased to both support and help develop this project," said Rod Husk, Vice President of Cinergy Solutions, an affiliate of Cinergy Corp. Cinergy Solutions has enjoyed a long-term partnership with the university. Working together with the university's facilities management team, Cinergy Solutions has helped Ohio University to save $2.5 million in utility costs annually to date and maintain utility costs at 2002 levels despite rising energy costs and the addition of over 350,000 square feet of new building space. In addition to the Cinergy grant, the Eco-House received a grant from the Ohio Department of Development Office of Energy Efficiency this summer to fund the installation of a photo-voltaic array and solar thermal system. These systems will significantly reduce the Eco-House's dependence on fossil fuel sources for heat and power in the residence. Established in 1804, Ohio University is the oldest institution of higher learning in the state. Located in the classic college town of Athens, in southeastern Ohio, the University has earned a reputation for its rich educational tradition and outstanding academic programs. The Athens campus population of more than 19,000 includes students from nearly every state and about 100 nations from around the world. Five regional campuses extend University access across southern Ohio. Each year, Cinergy Corp. reinvests a portion of the pretax profits of its regulated operating companies in the communities it serves. Cinergy Solutions is an affiliate of Cinergy Corp. (NYSE:CIN), one of the largest diversified energy companies in North America. Cinergy Solutions currently manages over 5,350 MWs of power generation and offers a complete range of energy solutions from on-site supply and energy conservation to renewable energy and maintenance of high-voltage electric and gas infrastructure. Cinergy Solutions' award-winning team of energy demand management specialists provides one of the top energy use reduction services in North America providing energy-efficiency design, engineering, construction and facility-management services to commercial, municipal, institutional and industrial clients. Delivering innovative facilities solutions that immediately improve facility performance, Cinergy Solutions' experts rejuvenate existing buildings that cost less to operate while reducing impact on the environment. With extensive experience in energy-related services and a strong reputation for both specific and comprehensive projects, Cinergy Solutions has ready access to a wealth of resources and expertise across North America.