 
CONTACT: Christine Nevin, ConEdison Solutions (914) 286-7094, Cell-(914) 629-2860 nevinc@conedsolutions.com
CONTACT: Cara Marino Gentile, The Marino Organization (212) 889-0808 x-25, Cell-(914) 715-6145 cara@themarino.org
CONTACT: Willa Brody, New York-Presbyterian (914) 997-8651, Cell-(914) 715-9594 wib9003@nyp.org
CONTACT: Jean Donovan, NYSERDA (518) 862-1090 jmd@nyserda.org
NEW YORK-PRESBYTERIAN HOSPITAL PARTNERSHIP WITH CON EDISON SOLUTIONS AND NYSERDA DELIVERS SUBSTANTIAL ENERGY SAVINGS
CONSERVATION INVESTMENTS IN EXPANSIVE LIGHTING PROJECTS REDUCE ENERGY COSTS BY MORE THAN $200,000 ANNUALLY
New York, NY, March 22, 2005 - NewYork-Presbyterian Hospital, the nation's largest, not-for-profit, non-sectarian hospital, has teamed with ConEdison Solutions, a leading energy services company, and the New York State Energy Research and Development Authority (NYSERDA) to implement a wide-ranging energy conservation strategy at its Westchester campus that will deliver more than $200,000 in annual energy savings at the 613,000-square-foot acute care facility.
The initiative, part of the Hospital’s award-winning energy efficiency program, which is one of the largest conservation programs ever implemented by a major American hospital, consisted of extensive lighting upgrades at the hospital’s Westchester County campus in White Plains, New York.
The cost of the overall energy investment -- implemented with strategic and technical support from ConEdison Solutions and financial support from NYSERDA -- amounted to nearly $800,000. NYSERDA is providing over $550,000 in grants toward these types of energy initiatives at NYPH with more than $120,000 in funding for this specific project at the Westchester Division.
A ceremony and site tour was held today at the Hospital’s Westchester Division, hosted by Dr. Virginia Susman, Associate Medical Director, NYPH and attended by NYSERDA President Peter R. Smith and ConEdison Solutions’ President and CEO JoAnn F. Ryan, to commend NewYork-Presbyterian for its leadership in energy efficiency programs. Programs at all of the Hospital’s facilities, including two major facilities in Manhattan, have helped save the hospital $745,000 annually.
"NewYork-Presbyterian Hospital is a recognized national leader among health care organizations for its dedicated and comprehensive approach to reducing energy costs through energy efficiency," said Peter R. Smith, President and CEO of NYSERDA. "We at NYSERDA are pleased to have been able to assist them in achieving their goals by providing needed technical assistance and financial incentives."
Hospital officials project that savings generated by the energy improvement upgrades will deliver a full payback on the initial investment within 3 years. Overall, the upgrades are expected to generate energy savings of approximately 1.4 million kilowatt-hours per year.
"NewYork-Presbyterian Hospital knows that superior energy efficiency translates directly into superior patient care and superior patient services," said Paul Schwabacher, Vice President of Facilities Operations and Biomedical Engineering at NewYork-Presbyterian Hospital. "Thanks to our partnership with ConEdison Solutions and NYSERDA, we are proud to be setting a national standard for energy efficiency in the health care sector."
From the inception of its New York Energy $martSM program, NYSERDA has provided the Hospital with more than $1.4 million overall in total incentives, resulting in potential total savings of more than 137 million kilowatt-hours and cost savings of approximately $7 million.
NewYork-Presbyterian Hospital, for the second year in a row, has earned the ENERGY STAR® Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy for their outstanding energy management programs, the only healthcare institution to receive the award in two consecutive years. As a result of their efforts, they generated over $800,000 in new energy savings and reduced carbon emissions by four million pounds.
ConEdison Solutions began working with NewYork-Presbyterian Hospital in 1999 and now provides many services to NYPH such as technical assistance studies, project implementation, advanced metering and green building consulting.
In 2003, NYPH commissioned three campus-wide energy conservation studies, dedicating $250,000 to the development of key initiatives to identify the best opportunities for capital upgrades that would result in energy savings. To support these studies, NYSERDA contributed a 50% reimbursement as part of NYSERDA’s Technical Assistance program. In 2004, the recommendations outlined in the final studies were implemented with $1.5 million in dedicated capital funding. These projects represent the first occasion in which the Hospital elected to perform an upgrade based primarily on energy conservation expectations and are a direct result of the hospital’s involvement with NYSERDA through ConEdison Solutions.
“We’re pleased that our partnership with NewYork-Presbyterian, which began in 1999, has been so successful," said JoAnn Ryan of ConEdison Solutions. “These energy conservation initiatives have been recognized nationally with another EPA Energy Star award, which demonstrates the hospital’s outstanding leadership in energy conservation. NewYork-Presbyterian has shown other institutions that saving energy can help save dollars as well.”
About NewYork-Presbyterian Hospital
NewYork-Presbyterian Hospital -- based in New York City -- is the largest not-for-profit, non-sectarian hospital in the country, with 2,397 beds. It provides state-of-the-art inpatient, ambulatory, and preventive care in all areas of medicine at five major centers: NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian Hospital/Columbia University Medical Center, Children's Hospital of NewYork-Presbyterian, The Allen Pavilion, and The Westchester Division.
One of the largest and most comprehensive health-care institutions in the world, the Hospital is committed to excellence in patient care, research, education, and community service. It consistently ranks as one of the top hospitals in the country in U.S. News & World Report's guide to "America's Best Hospitals," in New York magazine's Best Doctors issue, in Solucient's top 15 major teaching hospitals, and in many other leading surveys. The Hospital has academic affiliations with two of the country's leading medical colleges: Joan and Sanford I. Weill Medical College of Cornell University and Columbia University College of Physicians & Surgeons.
About NYSERDA
NYSERDA is a public benefit corporation established by law in 1975. It identifies and promotes solutions to New York State’s energy challenges in ways that achieve energy efficiency while benefiting the state’s economy and environment. It administers the New York Energy $martSM program that benefits ratepayers of the investor-owned electric companies across the State. Visit www.nyserda.org for more information.
About ConEdison Solutions
ConEdison Solutions is a leading energy services company that provides cost-effective energy solutions for commercial, industrial, residential and government customers. Based in White Plains, New York, with offices in Burlington, Massachusetts; Cherry Hill, New Jersey; Arlington, Virginia; and Houston, Texas, the company's dedicated team of energy professionals delivers a broad range of commodity, consulting, demand-side management and performance contracting services. ConEdison Solutions creates customized programs and services tailored to help customers achieve their individual energy objectives
ConEdison Solutions is a subsidiary and registered trademark of Consolidated Edison, Inc. (NYSE: ED). More information can be obtained by visiting the ConEdison Solutions web site 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.
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