Press Release

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 Lopez, President and CEO of ConEdison Solutions. "The decline in market prices has provided us with the opportunity to save businesses money versus their utility supply rate. As a result, businesses can save on energy and lock-in multi-year fixed priced agreements at current prices, which are now significantly lower than just one year ago."

ConEdison Solutions has already saved some of New Jersey's largest energy users millions of dollars since the start of energy choice in August 2003. Now, even small businesses, government facilities and schools have an opportunity to save.

The company offers both fixed-price and variable pricing options. Businesses, institutions, and government facilities can lock-in and fix pricing for up to three years. The variable price option allows customers to track the market and benefit from any future price reductions.

ConEdison Solutions provides competitively priced electricity and energy management solutions across the country. The company also offers environmentally-friendly energy solutions for companies and institutions with environmental objectives.

Interested businesses, institutions and government electricity users can learn about securing a lower price for their electricity by calling ConEdison Solutions at 1-800-316-8011 or by requesting a quote through the company's website, www.conedsolutions.com/quote.

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 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 website at www.conedsolutions.com. You can also visit the Consolidated Edison, Inc. website at http://investor.conedison.com for information on all of the Consolidated Edison companies.

CONTACT:
Christine Nevin
ConEdison Solutions
(914) 286-7094
(914) 629-2860 (c)
nevinc@conedsolutions.com

Steve Vitoff
The Marino Organization
(212) 889-0808 x 112
(516) 652-0785 (c)
steve@themarino.org

SOURCE: ConEdison Solutions

mailto:nevinc@conedsolutions.com
mailto:steve@themarino.org