Con Edison Solutions Now Offers Lower Electricity Prices to New Jersey Businesses

* Reuters is not responsible for the content in this press release.

Mon Mar 30, 2009 1:14pm EDT

  CHERRY HILL, NJ, Mar 30 (MARKET WIRE) -- 
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

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