Press Release

WHITE PLAINS, NY, Sep 30, 2008 (MARKET WIRE via COMTEX News Network) -- ConEdison Solutions, one of America's leading energy service providers, announced that its wholly owned subsidiary, Custom Energy Services, LLC, has been granted an award as an Energy Performance Contractor for the State of Arizona.

As a State-accredited energy services company, the firm is entitled to participate in Arizona's Energy Performance Contracting program, which provides energy efficiency services to state agencies, state universities, community colleges, cities, counties and K-12 schools. These public entities can use funds saved on their energy bills to update their energy infrastructure, and to improve the working and learning environments in their facilities. The ConEdison Solutions subsidiary was approved by Arizona through a competitive selection process.

"Energy efficiency today plays a vital role in promoting environmental preservation, reducing financial burdens on taxpayers, and helping our country become more self-reliant in respect to energy supplies," said James J. Dixon, Vice President of ConEdison Solutions. "We are gratified to win this designation from the state of Arizona. This forward-looking initiative allows public facilities in Arizona to take money saved on unnecessary energy spending and redirect those dollars toward a range of productive uses."

Arizona's selection of ConEdison Solutions continues a period of rapid growth for ConEdison Solutions' energy services business. The firm acquired BGA, Inc., a Tampa, Florida-based energy services and engineering firm, in May 2007. Soon after, ConEdison Solutions was selected by the country's largest owner of retail real estate, Simon Property Group, to expand its energy efficiency program at properties across the nation. Last May, ConEdison Solutions announced the acquisition of Custom Energy Services, LLC, a Kansas-based energy services provider with local staff in Phoenix, Arizona. In addition to energy efficiency services, ConEdison Solutions also provides retail electricity supply in 11 states and the District of Columbia.

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 the National Association of Energy Service Companies (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 www.conedison.com for information on all of the Consolidated Edison companies.

CONTACT:
Christine Nevin
ConEdison Solutions
(914) 286-7094
Email Contact

Cara Gentile
The Marino Organization
(212) 889-0808  x 125
Email Contact

SOURCE: ConEdison Solutions

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