News Release
Oct. 19, 1999

DUKESOLUTIONS SLASHES OPERATING COSTS IN CANADA’S FEDERAL BUILDINGS

CHARLOTTE, N.C. - The Canadian government will save more than $9.5 million under an energy service agreement with DukeSolutions, a Duke Energy company that specializes in integrated energy services. Working with Public Works and Government Services Canada (PWGSC), DukeSolutions will make comprehensive energy improvements to the 1.3 million square foot Lester B. Pearson Building in Ottawa, which houses Canada’s Department of Foreign Affairs and International Trade. Savings will accrue over the 20-year life of the infrastructure upgrades.

The Pearson Building program is the second largest project ever done under the Federal Buildings Initiative, a national program to promote efficiency and reduce energy costs in Canada’s government buildings. The largest Federal Buildings Initiative project, energy retrofits for the Department of National Defense Headquarters in Ottawa, is also being performed by DukeSolutions and is scheduled for startup early 2000.

DukeSolutions will provide the Pearson Building with improved controls, more efficient cooling and ventilation systems, better power quality, water conservation and lighting upgrades.

In addition to saving energy and cutting maintenance costs, the program will reduce carbon dioxide emissions by almost 17,000 metric tons each year, the same benefit provided by 5 million trees.

PWGSC has been a leader in implementing the Federal Buildings Initiative for its own inventory and its client agencies, according to Michael Nurse, Assistant Deputy Minister, Real Property Services. He elaborates, "P WGSC is pleased to have another successful project under way in this important federal program. We are proud of this public/private partnerships which renews our buildings, improves efficiency and save taxpayer dollars while protecting the environment and providing more comfortable working conditions.

According to Tom Tamblyn, DukeSolutions Vice President, Canada, "We learned a great deal from our implementation of the program at the Department of National Defense Headquarters with its complex systems and high security requirements." He adds, "We are delighted to have earned the confidence of the Canadian government and we will continue to deliver high-quality work and dependable energy savings. Our project management skills will play a key role in the Pearson Building, as we install diverse retrofits in a sensitive, 24-hour-per day environment."

PWGSC delivers services and programs to Canada’s federal government across the country, in areas such as general standards, procurement, public access, real property services, telecommunications and financiallaccounting services. PWGSC acts as custodian for $4.5 billion of federal real property holdings, houses 160,000 public servants in 2,000 locations and administers 1,900 lease contracts with annual rents exceeding $290 million.

The Federal Building Initiatives is a national program sponsored by Natural Resources Canada to encourage energy-saving upgrades in government buildings via partnerships with the private sector. To date, the initiative has launched over 100 energy efficiency programs across Canada.

DukeSolutions is one of the fastest growing energy services companies in North America. The company helps customers make the most of their assets and increase cash flow and earnings through integrated energy solutions. Serving more than 2,000 industrial, commercial, institutional and governmental customers, DukeSolutions implements a full range of energy services including industrial generation, energy supply and logistics, reliability and risk management, on-site utility, information management and efficiency and productivity services. DukeSolutions is a wholly owned subsidiary of Duke Energy. For more information visit http://www.dukesolutions.com

Duke Energy (NYSE:DUK) is a global energy company with more than $29 billion in assets. Headquartered in Charlotte, N.C., the company reaches into more than 50 countries, producing energy, transporting energy, marketing energy and providing energy services. In the United States, Duke Energy companies provide electric service in North Carolina and South Carolina; operate interstate pipelines that deliver natural gas to various regions of the country; and are leading marketers of electricity, natural gas and natural gas liquids. For more information visit http://www.duke-energv.com.

Contact: Bryant Kinney
Phone: (704) 382-2208
24 Hour Phone: (704) 382-8333
Email: jbkinney@duke-energy.com
Contact: Rick Wirth
Phone: (704) 373-6611
24 Hour Phone: (704) 382-8333
Email: rfwirth@duke-energy.com