2009 Press Releases

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Date Title   12/09/09 Long Island - New York City Offshore Wind Collaborative to Pursue Ocean Floor/Wildlife Surveys Expects to Issue RFP Next Spring NEW YORK, NY--(Marketwire - December 9, 2009) - The Long Island - New York City Offshore Wind Collaborative, represented by energy utilities and a host of New York State and New York City agencies, announced today that consultants will soon begin "pre-development activities," such as desktop studies of the ocean's wind, wave and wildlife environment, as part of an effort to develop what could be the largest offshore wind farm proposal in the country. Approxima...  12/02/09 Robert Hoglund, Con Edison CFO and Senior VP, to Discuss Climate Change on Dec. 9 Webcast NEW YORK, NY, Dec 02, 2009 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will participate in a discussion on "Dealing with the Pressures of Climate Change Legislation" at the Wells Fargo Securities Utility Conference on Wednesday, December 9, at 10:45 a.m. (Eastern time). The audio-only Webcast will be available on Con Edison's Investor Relations Website, as well as at the conference site (see link below). The replay will...  11/13/09 John Mucci, Con Edison Engineering and Planning VP, Scheduled for Oppenheimer Webcast on November 17 NEW YORK, NY, Nov 13, 2009 (MARKETWIRE via COMTEX) -- John Mucci, Con Edison's vice president for Engineering and Planning, will speak at the Oppenheimer 4th Annual Industrials Conference on Tuesday, November 17 at 3:30 p.m. Mucci's remarks will be available via Webcast at the following link: http://www.veracast.com/webcasts/opco/industrials09/08111196.cfm Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest investor-owned energy companies, wi...  11/02/09 Craig S. Ivey Named President of Con Edison Company of New York NEW YORK, NY, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Craig S. Ivey has been named president of Consolidated Edison Company of New York, Inc. (Con Edison), effective November 1. His appointment was announced by Kevin Burke, the chairman, president, and CEO of Consolidated Edison, Inc., the parent company of the regulated subsidiary that serves New York City and Westchester County. Ivey is succeeding Con Edison President and COO Louis Rana, who is retiring after 40 years of service. Ivey, ...  10/28/09 Con Edison Named a Recipient of the 2009 ReliabilityOne(TM) Award in the Northeast Region Award Recognizes Most Reliable Electric Utilities NationwideNEW YORK, NY, Oct 28, 2009 (MARKETWIRE via COMTEX) -- Con Edison has been recognized by PA Consulting Group as the recipient of the 2009 ReliabilityOne(TM) award in the Northeast Region. The ReliabilityOne(TM) award is given annually to the utilities that have excelled in delivering reliable electric service to their customers. "Our 14,000 people who work throughout New York City and Westchester County remain committed to deliveri...  10/27/09 Con Edison to Receive $136 Million in Smart Grid Stimulus Funding Consolidated Edison, Inc. (Con Edison) [NYSE: ED] will receive $136 million in smart grid stimulus funds from the U.S. Department of Energy (DOE), it was announced today. The federal stimulus money would help fund a smart grid program for customers served by Consolidated Edison Company of New York and Orange & Rockland Utilities. The Con Edison program is one of 100 projects that will share $3.4 billion in Smart Grid Investment Grant awards announced earlier today by President Barac...  10/20/09 Solar Applications Rising Con Edison Customers See Power in the SunNEW YORK, NY, Oct 20, 2009 (MARKETWIRE via COMTEX) -- Attractive government incentives and changes to the state's net metering law are encouraging more Con Edison customers to go green with alternative energy. And the sun is the most popular source of energy among those looking to use distributed generation, or electricity generated onsite by customers' equipment. The company received 111 applications for distributed generation (http://www.coned.co...  09/29/09 Con Edison Earns Newsweek ‘Green’ Honors Con Edison has been cited in Newsweek magazine’s Green Rankings 2009 as one of the most environmentally friendly utility companies in the United States. The news magazine praised Con Edison for its aggressive efforts to control electricity demand and its innovations with the electrical grid. Among utilities, Con Edison received the fifth highest “environmental impact” score in the rankings compiled with the help of experts selected by Newsweek. The company received the sixth highest...  09/23/09 Carbon Disclosure Project: Con Edison Ranks Again as a Top Performer NEW YORK, NY -- (Marketwire) -- 09/23/09 -- Consolidated Edison Inc. (Con Edison) has been ranked the No. 1 utility by the Carbon Disclosure Project (CDP) in a first-time measurement of companies' climate-change performance actions, and also has received dual 7th place rankings in the Carbon Disclosure Leadership Index's (CDLI) S&P 500-utility and global utility categories. According to the CDP, this year's report, produced by PricewaterhouseCoopers, received the highest response rate e...  09/17/09 Con Edison CEO Kevin Burke on September 23rd Webcast NEW YORK, NY, Sep 17, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (NYSE: ED) Chairman, President and CEO Kevin Burke will participate in a panel discussion at the Bank of America Merrill Lynch Power & Gas Leaders Conference on Wednesday, September 23, 2009. The panel is titled "Energy Delivery," and Burke's presentation will begin at approximately 11:00 a.m. EDT. A live audio webcast of the presentation can be accessed at: http://www.veracast.com/webcasts/bas/powergas09/id97...  09/09/09 Con Edison on Dow Jones Sustainability Index List Spotlights Corporate LeadershipNEW YORK, NY, Sep 09, 2009 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) has been named to the Dow Jones Sustainability Index (DJSI) for North America, an elite, annually issued list that analyzes corporate performance in order to highlight leading companies from an economic, environmental, and social perspective. The DJSI's best-in-class approach identifies sustainability leaders from each industry on global and regional levels. The analysis is condu...  09/02/09 Con Edison CFO Robert Hoglund to Present at Barclays Capital CEO Energy/Power Conference NEW YORK, NY, Sep 02, 2009 (MARKETWIRE via COMTEX) -- Con Edison Senior Vice President and Chief Financial Officer Robert Hoglund will make a presentation to the investment community at the Barclays Capital 2009 CEO Energy/Power Conference on Wednesday, September 9, 2009 at 12:25 p.m. ET. Live audio webcast and replay will be available on the Con Edison Investor Relations website, www.conEd.com or via the link below: http://cc.talkpoint.com/barc002/090909b_rb/?entity=70_HWRWI2I Consol...  08/31/09 Con Edison Issues New Request for Smart Grid Stimulus Funding Partners With City of New York, The Boeing Company, Columbia University & Others to Make Metro Region a Smart Grid LeaderNEW YORK, NY, Aug 31, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (NYSE: ED) (Con Edison) has joined with energy experts and researchers from the public and private sectors in filing for smart grid stimulus funds from the U.S. Department of Energy (DOE). The applications request approximately $46 million to help fund smart grid demonstration projects for cust...  08/20/09 Con Edison Delivering the Juice: Customers Break Monday's 2009 Peak Use Record NEW YORK, NY, Aug 20, 2009 (MARKETWIRE via COMTEX) -- Con Edison customers broke a 2009 peak-electricity demand record today for the third time in 10 days when the company delivered 12,083 megawatts (MW) at 5 p.m. It's the first day peak demand topped 12,000 megawatts (MW) this year and the 30th time in company history since the milestone was first crossed in 2001. Today's electricity draw handily surpassed Monday's 11,937 MW and the next highest mark of 11,821 MW, set 10 days ago. T...  08/17/09 Con Edison Customers Set Peak Record for 2009 Electricity Use NEW YORK, NY, Aug 17, 2009 (MARKETWIRE via COMTEX) -- Con Edison customers broke the 2009 record for peak electricity use when the company delivered 11,937 megawatt hours (MWH) at 3 p.m. today. Usage at 5 p.m. was 11,935 MWH, falling just short of the 3 p.m. figure. Before today, the high for the year was 11,821 MWH, set a week ago. Today's preeminent peak demand indicates customers are feeling the heat, but in a year with milder-than-normal average weather, even today's usage falls short...  08/07/09 Con Edison Requests $172 Million in Smart Grid Stimulus Funding NEW YORK, NY, Aug 07, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (NYSE: ED) announced today that the company has filed the first phase of its applications for smart grid stimulus funds from the U.S. Department of Energy (DOE). The applications request approximately $172 million in federal stimulus dollars to help fund smart grid projects in the service areas of Con Edison Company of New York, Inc. and Orange & Rockland Utilities, Inc. Later this month, the company expects to...  08/04/09 Con Edison Launches Smart Grid Pilot Program in Queens Will Test Solar Energy, Smart Meters, Plug-In Car TechnologyNEW YORK, NY, Aug 04, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (NYSE: ED) announced today that it is launching a $6 million smart grid pilot program in northwest Queens that will test how various technologies support efforts to modernize the electric grid. It will provide customers with more information about their energy usage, and help customers use energy more efficiently and save on their e...  06/30/09 Con Edison Names Robert Muccilo New Controller NEW YORK, NY, Jun 30, 2009 (MARKETWIRE via COMTEX) -- Robert Muccilo, an employee of Con Edison for 31 years, has been promoted to vice president and controller, succeeding Edward J. Rasmussen, who is retiring. Muccilo, the assistant controller, will start his new job on July 1. A native of Bergen County, N.J., Muccilo has held numerous management positions at Con Edison, including senior accountant, supervisor and department manager. As assistant controller, he was responsible for all fa...  06/02/09 ConEdison Solutions Subsidiary Honored by United States Postal Service BGA, Inc. Earns 'Supplier Performance Award'WHITE PLAINS, NY, Jun 02, 2009 (MARKETWIRE via COMTEX) -- BGA, Inc., a subsidiary of ConEdison Solutions -- one of the country's leading energy services companies, has earned a Supplier Excellence Award under the 2008 United States Postal Service (USPS) Supplier Performance Awards Program. The award recognizes companies designated as "key suppliers" that demonstrate "outstanding supply chain management performance" and maintain "positive business...  06/01/09 Go Green for Less Green: ConEdison Solutions Now Offers 'Green Power' to Connecticut Businesses and Households Environmentally Friendly Option Costs Less Than Utilities' Electricity PricesWHITE PLAINS, NY, Jun 01, 2009 (MARKETWIRE via COMTEX) -- ConEdison Solutions, one of the nation's leading energy services companies, is now offering clean and renewable "Green Power" to Connecticut households and small businesses at a price lower than current utility electricity rates. This limited time offer allows consumers to save money while at the same time helping the environment. Energy users who choose C...  05/20/09 Con Edison Invests $1.5 Billion for Summer '09 Incentives for Customers to Reduce Energy UseNEW YORK, NY, May 20, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison) is investing approximately $1.5 billion this year to upgrade and reinforce its electric delivery system, including upgrading multiple transformers, and replacing and installing approximately 2,000 miles of electrical cable -- more than enough cable to extend from New York City to Denver. The $1.5 billion in overall system investments ...  05/18/09 Con Edison CEO Kevin Burke Optimistic Due to New York's Vitality Cites Solid Performance and Notes Annual Dividend Up for 35th Year in a RowNEW YORK, NY, May 18, 2009 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chairman and CEO Kevin Burke told shareholders at the company's annual meeting today that he was optimistic about the company's future because of New York's vitality. Burke cited the company's EnergyNY Plan for meeting the area's energy needs, noted the company's solid performance, and reminded shareholders that Con Edison raised its annual d...  05/12/09 Con Edison CFO, Senior VP Robert Hoglund to Address Utility Conference NEW YORK, NY, May 12, 2009 (MARKET WIRE via COMTEX) -- Who: Robert Hoglund, Con Edison Senior Vice President and Chief Financial Officer What: Goldman Sachs Ninth Annual Power and Utility Conference. Hoglund will participate as a panelist in a discussion about "The Cost of Capital - Balancing Dividends, Growth and Leverage." When: Tuesday, May 19, 2009 10:00 a.m. (EDT). The webcast will be available on Con Edison's Investor Relations Web site (audio only): http://investor....  05/08/09 Con Edison Files New 3-Year Electric Rate Plan for April 2010 Follows PSC Request to Submit 3-Year Plan for Delivery Rate StabilityNEW YORK, NY, May 08, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison) today submitted its new electric delivery rate and investment plan filing for April 2010 through 2013, mapping out a three-year proposal to provide delivery rate certainty for businesses and customers, as urged by the State Public Service Commission (PSC). The PSC's recent rate case ruling on April 24, "encourag...  05/04/09 Con Edison Forecasts Lower Summer Bills, Despite Tax Increases, but Urges New Yorkers to Conserve Energy NEW YORK, NY, May 04, 2009 (MARKET WIRE via COMTEX) -- Con Edison estimates summer electric bills will drop overall compared with last year due to lower energy supply costs, but the company urges customers to save even more money, and to save the environment, by continuing to conserve energy. Con Edison is estimating that a typical monthly bill for a New York City residential customer using 350 kilowatt hours (kWh) per month will average about $96.27 for the June-September period, down fro...  04/29/09 Con Edison CFO to Participate in American Gas Association Financial Forum NEW YORK, NY, Apr 29, 2009 (MARKET WIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will make a presentation to the investment community at the American Gas Association Financial Forum. The presentation will be Webcast live on Monday, May 4, 2009 at 3:40 p.m. (EDT). A live audio Webcast of the presentation can be heard on the conference Web site, at http://www.wsw.com/webcast/aga8/ed/, where a replay wi...  04/07/09 Con Edison Solutions Brings Electricity Savings to Connecticut Businesses and Households UI Customers Can Lower Their Electricity BillsWHITE PLAINS, NY, Apr 07, 2009 (MARKET WIRE via COMTEX) -- ConEdison Solutions, one of America's leading energy services companies, is offering Connecticut residential and small business customers the opportunity to save on their 2009 United Illuminating (UI) electricity bills. Savings, compared to existing utility rates, can be significant and are projected to last throughout 2009. ConEdison Solutions' residential fixed electricity generation ...  03/30/09 Con Edison Solutions Now Offers Lower Electricity Prices to New Jersey Businesses New Market Dynamics Can Deliver Savings as High as 15% PercentCHERRY HILL, NJ, Mar 30, 2009 (MARKET WIRE via COMTEX) -- As the result of the recent and unprecedented drop in energy prices, ConEdison Solutions -- one of America's leading energy services companies -- is now offering New Jersey businesses and institutions up to 15 percent savings on their electricity supply bills. "Especially in today's difficult economy, reducing energy spending makes tremendous financial sense," said Jorge L...  03/05/09 Con Edison Eyes Solar for Homes, Businesses NEW YORK, NY, Mar 05, 2009 (MARKET WIRE via COMTEX) -- Con Edison has filed a proposal with the Public Service Commission (PSC) for an 18-month solar energy pilot program encompassing homes, businesses, and the company's own facilities, with the goal of generating 12 megawatts (MW) of solar electricity by 2011. One megawatt can power approximately 1,000 homes. Con Edison's filing this week supports solar power recommendations from Governor Paterson's Renewable Energy Task Force as well as...  02/02/09 Con Edison Installs Over 65 Miles of New Gas Main in 2008 Green Program to Recycle More Than 75 Tons of Unused Scrap Plastic From Gas PipesNEW YORK, NY, Feb 02, 2009 (MARKET WIRE via COMTEX) -- As part of the company's ongoing infrastructure investment program, Con Edison announced today that it had installed over 65 miles of new natural gas main piping in 2008. In most cases, it replaced smaller cast iron and uncoated steel pipe with larger diameter or higher pressure main to increase capacity and prepare for future growth. The company is establi...