Press Release

WHITE PLAINS, N.Y., July 26 /PRNewswire -- ConEdison Solutions now offers electricity and natural gas to medium and large businesses over the Internet through Energy.com's Energy Exchange, an electronic bidding system for business energy consumers.

ConEdison Solutions becomes more accessible to business customers through Energy Exchange, which allows businesses to submit a single request for proposal to as many energy service providers as are available in their region.

``Energy.com provides ConEdison Solutions with an exciting opportunity to reach out to an even greater number of commercial customers who want to take advantage of the benefits that deregulation can offer from a supplier who offers a more complete range of energy and energy services,'' said John Boyd, president and chief executive officer of ConEdison Solutions. ``We believe that the Internet and e-commerce opportunities with Energy.com provide our customers with yet another avenue to see the value that we can bring to their business.''

Energy.com's Energy Exchange defines medium and large businesses as those with monthly energy bills of $1,000 or more, including manufacturing companies, local franchise branches, bakeries, grocery stores and large laundromats and dry cleaners with services on site.

``We are pleased to have ConEdison Solutions participate in Energy.com's bidding/aggregation system,'' said Thomas L. Ulry, CEO, Energy.com Corporation. ``As one of the leading energy service providers in the northeastern United States, they add to the value Energy.com brings to commercial and industrial businesses in New York, Pennsylvania, New Jersey and Connecticut.''

Energy.com, www.energy.com, is an e-business that helps consumers buy and manage their energy needs through the benefits of combined buying power, consolidated billing, customer service, and a commitment to customer advocacy.

ConEdison Solutions, a subsidiary of Consolidated Edison, Inc. (NYSE: ED) is one of the leading energy services providers in the northeastern United States. In addition to providing electricity and/or natural gas, the company provides commodity portfolio management, and information and facility energy services management to help customers optimize energy usage in New York, Pennsylvania, New Jersey and Connecticut. More information can be obtained by calling 1-888-210-8899, or visiting the ConEdison Solutions web site at www.ConEdSolutions.com>.

SOURCE: ConEdison Solutions