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ConEdison Solutions: Con Edison Solutions Brings Electricity Savings to Connecticut Businesses and Households

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^{Published in Business and Finance on Tuesday, April 7th 2009 at 10:29 GMT, Last Modified on 2009-04-07 10:30:08 by Market Wire}  

WHITE PLAINS, NY--(Marketwire - April 7, 2009) - ConEdison Solutions, one of America's leading energy services companies, is offering Connecticut residential and small business customers the opportunity to save on their 2009 United Illuminating (UI) electricity bills. Savings, compared to existing utility rates, can be significant and are projected to last throughout 2009.

ConEdison Solutions' residential fixed electricity generation price is 10.98 cents per kilowatt hour. This price is guaranteed for 12 months and is over 11 percent lower than UI's standard residential rate of 12.42 cents per kilowatt hour. UI residential time-of-use customers can save up to 26 percent compared with UI's residential peak rate. These are good examples of how the competitive energy marketplace can serve the interests of everyday Connecticut residents.

More than 135,000 Connecticut customers now receive electricity from alternate energy suppliers like ConEdison Solutions. Every day, Connecticut customers are switching their supply from their utility to a competitive supplier. The utility continues to be the company that delivers the electricity and performs traditional services like outage response and meter reading.

ConEdison Solutions' fixed price would be applied to a customer's account for a 12-month term.

"In today's difficult economy, cutting energy costs can make a difference for everyone's budget," says Jorge Lopez President of ConEdison Solutions. "It is easy for households and small businesses to make the switch. Customers will be receiving the same reliable electricity at a better price."

ConEdison Solutions -- which provides competitively priced electricity and energy management solutions across the state -- is fully licensed to sell electricity in Connecticut. The offer carries no sign-up or cancellation fees. Customers can choose to discontinue service at any time without penalty.

It is quick and easy for households and small businesses to switch to lower-cost ConEdison Solutions electricity by getting a copy of their bill and calling 1-866-469-4362 or visiting [ www.ConEdSolutions.com/CT ].

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.