CONTACT: Christine Nevin, ConEdison Solutions (914) 286-7094 nevinc@conedsolutions.com
CONTACT: Cara Marino, The Marino Organization (212)889-0808 x-25 cara@themarino.org
CON EDISON SOLUTIONS DELIVERS 'GREEN POWER' TO MANHATTAN RESIDENCE OF U.N. SECRETARY GENERAL
--Energy Services Company Wins Two-Year Contract Renewal to
Provide Renewable Wind Power--
White Plains, NY, March 17, 2004 - ConEdison Solutions, an energy services company based in White Plains, New York, has won a two-year contract extension to provide 100% wind power energy to the New York City residence of Kofi Annan, the United Nations Secretary-General.
"Green Power" is clean, renewable energy generated in New York State that
is now available to all residential, commercial, industrial and government energy users in New York City, as well as Westchester, Rockland, and Orange counties.
The renewal -- awarded through an auction conducted by Brian Magden and Ken Shutika of the United States General Services Administration -- extends a one-year contract that had commenced last April. The extension runs until April 2006.
"The Secretary-General sets an excellent example for consumers and businesses everywhere by choosing to tap renewable energy," said JoAnn F. Ryan, president and CEO of ConEdison Solutions. "'Green Power' users help protect our environment and promote conservation by using clean energy originating right here in New York State."
Under the agreement, ConEdison Solutions will continue to provide Mr. Annan's residence with energy supplied by non-polluting wind power sources located in upstate New York. The secretary-general's quarters use about 82,000 kilowatt-hours per year.
Secretary-General Annan has a long-established reputation as a supporter of renewable energy and has frequently urged the global community to increase energy efficiency and expand its use of renewable resources. Under his leadership, the United Nations headquarters in Manhattan now derives ten percent of its overall energy usage from renewable sources.
The wind power component of ConEdison Solutions' "Green Power" offering is provided in partnership with Community Energy, Inc., a leading marketer and developer of wind-generated electricity. Its wind power product, called NewWind Energy®, is supplied by the 30-megawatt Fenner Wind Power Project located east of Syracuse in Madison County.
ConEdison Solutions officials said that wind-generated electricity is the world's fastest-growing renewable source of energy. Environmentally friendly, this type of electricity is reliable, uses no fuel and does not emit greenhouse gases associated with acid rain, smog and global warming. Wind power customers are not required to re-wire their homes or purchase special equipment, as energy harvested from the wind farm is delivered to the statewide power grid for distribution. Users can incorporate from one to 100 percent wind-produced energy into their power mix. There are presently approximately 10,000 businesses and residences in New York State utilizing this resource.
Recently, ConEdison Solutions and Community Energy Inc. announced that The Durst Organization -- one of New York City's most prominent commercial real estate owners -- had become the state's largest commercial customer of wind power. The company is buying approximately 10.5 million kilowatt-hours of "Green Power" per year for its 7.5-million-square-foot portfolio of seven high-rise office buildings in Manhattan.
About ConEdison Solutions
ConEdison Solutions, is a leading energy services provider based in White Plains, NY, which offers commercial, industrial, governmental, and residential customers a range of energy procurement and management solutions to help them gain maximum advantage from today's competitive energy marketplace. The company also supplies attractively priced electricity, including renewable "green power." 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
http://www.conedsolutions.com/. You can also visit the Consolidated Edison, Inc. website at
http://www.conedison.com/ for information on all of the Consolidated Edison companies.