Press Release

NEW YORK, NY, May 09, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) Senior Vice President and Chief Financial Officer Robert Hoglund will participate with other utility executives in a panel discussion titled "Rates of Return - Where are They Heading?" at the Goldman Sachs Eighth Annual Power and Utility Conference. The panel discussion will be webcast live on Tuesday, May 13, at 10:30 a.m. (EDT).

A live audio webcast of the panel discussion can be heard on the conference Web site, at http://cc.talkpoint.com/GOLD006/051308a_mg/?entity=coned, where a replay will be available shortly after the live presentation is completed and can be accessed for 90 days. In addition, the live webcast can also be accessed at the Consolidated Edison, Inc. Investor Relations Web site at http://investor.conedison.com.

Consolidated Edison, Inc. (NYSE: ED) is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $29 billion in assets. The company provides a wide range of energy-related products and services to its customers through its two regulated utility subsidiaries and its three competitive energy businesses. For additional financial, operations and customer service information, visit Consolidated Edison, Inc.'s Web site at www.conedison.com.

Contact:
Joseph Petta
212-460-4111

SOURCE: Consolidated Edison, Inc.