Hybrid Heat® Dual Fuel System by Carrier is Expert Solution to Extraordinary Gas Prices

Homeowners Can Turn to the Experts to Embrace Energy Efficiency

INDIANAPOLIS, (Feb. 17, 2009) – Strengthening its position as a leader in innovative heating and cooling systems, Carrier Corporation, a unit of United Technologies Corp. (NYSE: UTX), introduced the Hybrid Heat dual fuel system as a solution to high gas prices. With fuel and energy costs continuing to fluctuate, homeowners remain apprehensive about properly heating their homes and the solution is a Hybrid Heat dual fuel system. A Hybrid Heat dual fuel system is a fuel-saving alternative to traditional heating and cooling systems that combines a furnace with a heat pump, rather than an air conditioner.

"For homeowners, the end of inexpensive heating gas and oil and the concern over energy efficiency has become a reality," says Jeff Warther, product manager heat pumps. "A Hybrid Heat dual fuel system is the next phase in responsible treatment of our environment by reducing energy consumption, which will help to lower monthly heating bills this winter."

Happy Homes, Healthy Environment

The secret behind a Hybrid Heat dual fuel system is Carrier’s state-of-the-art heat pump. A heat pump works as an air conditioner in hot weather, but can also reverse the process and heat the home when cold weather arrives. Rather than burning fuel to generate heat, the heat pump moves heat without a flame, making it a more efficient method of heating a home. Additionally, some Carrier heat pumps feature non-ozone-depleting Puron® refrigerant which will help homeowners prepare for the elimination of R-22 in 2010, making them an environmentally sound option.

Traditionally, heat pumps, which operate using electricity, are most popular in warmer regions where temperatures do not typically dip as low as they would in colder climates during the winter months. In colder regions, homeowners frequently need a furnace because temperatures often drop below freezing in the winter. However, with the elevated price of oil and gas, heating with a gas or oil furnace may be more expensive than using electricity.

"The rising price of gas and oil has spurred a big interest in alternative heating solutions this winter," said Katherine Everett of Colony Air Conditioning and Heating. "A Hybrid Heat dual fuel system will allow homeowners to save money for years to come, since the system chooses which source of heat is most economical, based on the cost of gas and electricity and the current outdoor temperature."

Carrier’s Hybrid Heat Operating Cost Calculator also helps homeowners save on heating costs by pinpointing the exact operating levels for the most cost and energy efficient use. The Operating Cost Calculator is a software program the dealer uses to enter information about the oil and gas prices in the homeowners’ area, and based on those costs, it will give the homeowner annual savings estimates of a Hybrid Heat dual fuel system. The tool will also calculate the precise temperature at which the system should switch from using electricity to gas, in order to ensure maximum savings.

About Carrier Corp.

Carrier Corp., headquartered in Farmington, Conn., is the world’s largest provider of heating, air-conditioning and refrigeration solutions. With 2007 revenues of $14.6 billion, Carrier has approximately 43,000 employees worldwide and operations in more than 170 countries. Carrier is part of United Technologies Corp., a Hartford, Connecticut-based provider of products and services to the aerospace and building systems industries worldwide. Visit www.carrier.com for more information.

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