Press Release

NEW YORK, NY, Mar 17, 2011 (MARKETWIRE via COMTEX) --

Con Edison ranked 17th among Corporate Responsibility Magazine's "Best 100 Corporate Citizens" and second among all the utilities in the ranking, according to the magazine's 12th annual survey.

Corporate Responsibility Magazine's annual 100 Best Corporate Citizens list (http://2sustain.com/2011/03/cr-magazine%E2%80%99s-100-best-corporate-citizens-for-2011.html) is known as one of the world's top corporate responsibility rankings based on publicly-available information, and is recognized by PR Week as one of America's top three most-important business rankings.

Data for the rankings were gathered from 100-percent, publicly-available sources and computed by IW Financial, a Portland, Maine-based financial analysis firm serving the Environment-Social-Governance (ESG) investment community. Evaluation categories for the rankings included climate change abatement, corporate governance, employee relations, environmental impact, financial performance, human rights and philanthropy.

"Corporate social responsibility and citizenship are high priorities for Con Edison," said Frances A. Resheske, Con Edison's senior vice president of Public Affairs. "Our employees live in the areas we serve, and our company's commitment to support our diverse constituencies is a source of pride for all of us."

Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $36 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 us on the Web at www.conEd.com, at our green site, www.coned.com/thepowerofgreen, or find us on Facebook at Power of Green.

Contact:
Media Relations
212-460-4111

SOURCE: Consolidated Edison, Inc.