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News Release  
For Immediate Release

CON EDISON SOLUTIONS OFFERS ENERGY SUPPLY OPTIONS TO BUSINESSES IN PECO SERVICE TERRITORY

FIRMS CAN START MANAGING RISK WELL BEFORE PRICE CAPS DISAPPEAR IN JANUARY
  

VALHALLA, NY – May 26, 2010:   ConEdison Solutions, one of America’s largest energy services companies, has entered PECO’s service territory in Pennsylvania with a range of pricing alternatives tailored to meet the needs of local businesses.

Long before price caps are lifted on PECO electricity rates in January, firms can start benefiting from competition by locking in a favorable fixed price at market rates that are currently lower than they’ve been in years.

“Companies can act now to manage risk and gain control of their energy budgets,” said Robert Anderson, Vice President of ConEdison Solutions.  "Firms should start capturing the benefits of the competitive energy market today, without waiting until 2011.”

"Today's energy market presents some of the lowest fixed-price options in years," he said.  "By engaging us now, companies can work with our experts to evaluate energy market movements and find a pricing option suited to their individual needs."

ConEdison Solutions' energy purchasing options for PECO-area businesses include fixed-price plans ranging from one to 36 months, variable price plans that track the market price of energy, and environmentally friendly wind power options.

ConEdison Solutions is already helping some of the largest businesses in the PECO territory navigate the upcoming changes, secure low rates, and implement the right energy plan.

Mr. Anderson said that businesses that have opted in to PECO's fixed-price electricity option may be able to benefit from a lower fixed price and additional pricing product options offered by ConEdison Solutions.Similarly, firms that have not opted in to PECO's electricity fixed price and are subject to variable, market-based pricing, can benefit from additional pricing product options, including a secure fixed price from ConEdison Solutions.

"Companies that wait until January to act may miss market opportunities to save on their electric bills," said Mr. Anderson. 

Since ConEdison Solutions began serving Pennsylvania's PPL territory last fall, the company has helped businesses in the region save millions of dollars on energy. 

Recognized for its stability and financial security, ConEdison Solutions provides competitively priced electricity and energy management solutions across the country, and is licensed to serve PECO customers.  ConEdison Solutions has been in business for more than a decade as a subsidiary of Consolidated Edison, Inc. (NYSE:ED) ― one of the country's largest investor-owned energy companies with a history dating to 1823 and assets of approximately $34 billion.

"With all the suppliers Pennsylvania firms can choose from," said Mr. Anderson, "it is important to select a trustworthy and reliable provider with a proven record of achievement.  Our company has helped thousands of businesses, ranging from Fortune 500 companies to regional and local firms, manage energy spending."

Companies can contact ConEdison Solutions at 1-800-316-8011 or learn more by visiting www.conedsolutions.com.

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 Valhalla, New York, with offices in Burlington, Massachusetts; Cherry Hill, New Jersey; Falls Church, 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 www.conedison.com for information on all of the Consolidated Edison companies.