Press Release

NEW YORK, NY, Mar 16, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison is closely monitoring today's snow and ice storm and will have crews working around the clock this weekend to respond to any service problems that may occur.

Heavy snow, ice and wind can take their toll on trees that damage power lines. In addition, the company will maintain close contact with the New York City Office of Emergency Management and the Westchester County Office of Disaster and Emergency Service to coordinate storm response as necessary.

Con Edison offers the following tips to prepare for a storm:

--  If you see downed electrical wires, do not go near them.  Treat all
    downed wires as if they are live.  Never attempt to move or touch them with
    any object.  Be mindful that downed wires can be hidden from view by snow,
    tree limbs, leaves or water.  Report all downed wires to Con Edison and
    your local police department immediately.  If a power line falls on your
    car while you're in it, stay inside the vehicle and wait for emergency
    personnel.

--  If your power goes out, turn off all lights and appliances to prevent
    overloaded circuits when power is restored.  To report a power interruption
    at your home, call Con Edison's toll-free customer service number 1-800-75-
    CON ED (1-800-752-6633), or you may report a service problem on-line at
    www.coned.com.  When reporting an outage, have your Con Edison account
    number available, if possible, and report whether your neighbors have also
    lost power.  Leave at least one light switch in the on position to alert
    you when power has been restored.

--  Check to make sure your flashlights and any battery-operated radios or
    televisions are in working order. Use candles and oil lamps with care.
    Also, make sure you have a supply of extra batteries.  Weather updates and
    news on restorations of electrical service can be heard on most local radio
    and television stations.

--  Avoid opening your freezer to see if food is still frozen.  Every time
    you open the door, room-temperature air enters and speeds the thawing
    process.  Most fully loaded freezers will keep food frozen for
    approximately 36 to 48 hours; half-full freezers will keep food frozen for
    approximately 24 hours.

Con Edison (NYSE: ED) is a subsidiary of Consolidated Edison, Inc., one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $27 billion in assets. The utility provides electric, gas and steam service to more than three million customers in New York City and Westchester County, New York. For additional financial, operations and customer service information, visit Con Edison's web site at www.coned.com.

CONTACT: Michael Clendenin (212) 460-4111

SOURCE: Con Edison Co. of NY Inc.