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Con Edison to Provide Energy Services for the New York Power Authority

image001.pngWhite Plains, NY – Aug. 1, 2008: ConEdison Solutions, an energy service provider, has been awarded a contract through competitive bidding to provide energy services for the New York Power Authority (NYPA), the nation's largest state-owned power organization.

NYPA, which provides low-cost electricity to New York customers that include government agencies, community-owned electric systems, private utilities for resale, and job-producing companies, launched a competitive selection process in December to identify energy service providers to undertake major energy efficiency initiatives. The Power Authority is a national leader in promoting energy efficiency, new energy technologies and electric transportation initiatives, and has invested more than $1 billion in such projects at almost 2,700 public facilities since the late 1980s.

"We are proud to win designation as an approved provider of energy services here in our home state of New York," said Jorge J. Lopez, President and CEO of ConEdison Solutions. “We look forward to working in cooperation with the New York Power Authority to help maximize energy efficiency for a wide range of institutions and facilities in the Empire State."

Under the contract, ConEdison Solutions will provide energy efficiency upgrades, including the implementation of lighting, motors and controls projects in selected facilities in southeast New York, which includes the five boroughs of New York City and Westchester County. Services will include conducting feasibility studies, evaluating existing and proposed systems, developing designs, purchasing equipment, installation, supervision of installation and commissioning of equipment.

The announcement follows a period of rapid growth for ConEdison Solutions. The firm acquired BGA, Inc., a Tampa, Florida-based energy services and engineering firm, in May 2007. In September 2007, ConEdison Solutions was selected by the country's largest owner of retail real estate, Simon Property Group, to expand its energy efficiency program at properties across the nation. On May 1, 2008, ConEdison Solutions announced the acquisition of Custom Energy Services, LLC, an energy services provider based in Overland Park, Kansas. In addition to energy efficiency services, ConEdison Solutions also provides retail electricity supply in 11 states and the District of Columbia.

About ConEdison Solutions

ConEdison Solutions is a leading energy services company that provides competitive power supply, renewable energy, sustainability services, and cost-effective energy solutions for commercial, industrial, residential, and government customers. The company is based in White Plains, New York, with offices in Burlington, Massachusetts; Cherry Hill, New Jersey; Arlington, Virginia; Houston, Texas; Tampa, Florida; Durham, North Carolina and Overland Park, Kansas. The firm's dedicated team of energy professionals delivers a broad range of commodity, consulting, demand-side management and performance contracting services. ConEdison Solutions offers programs and services designed to help customers achieve their individual energy objectives and is accredited as an Energy Services Provider (ESP) by the National Association of Energy Service Companies (NAESCO).

ConEdison Solutions is a subsidiary and registered trademark of Consolidated Edison, Inc. (NYSE: ED). More information can be obtained by calling 1-888-210-8899 or visiting the ConEdison Solutions web site at www.conedsolutions.com. You can also visit the Consolidated Edison, Inc. web site at www.conedison.com for information on all of the Consolidated Edison companies.

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