WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Dec. 26, 2002--At the stroke
of midnight on New Year's Eve ConEdison Solutions(R), one of the
leading energy service providers in the United States, will donate to
the New York State power grid 83,000 watts of electricity generated by
an upstate wind farm - an amount equal to the power used to light the
New Year's Eve ball and 2003 numerals in Times Square.
The electricity for the New Year's Eve ball and numerals,
equivalent to the wattage needed to power 10 large homes or 100
apartments, will be provided in partnership with Community Energy, Inc
and certified as Green-e compliant by the Center for Resource
Solutions. Products certified by the Center's Green-e program have met
consumer protection and environmental standards.
The New Wind Energy(TM) is the product of Community Energy, Inc.,
and supplied by the recently dedicated 30-megawatt wind power farm in
Fenner, NY, developed and owned by CHI Energy, Inc., with funding
support from the New York State Energy Research and Development
Agency. Community Energy, Inc. was founded in 1999 to expand the
market for premium, clean energy - energy produced with no fuel or
"With this donation, ConEdison Solutions is reaffirming its
commitment to providing customers with electricity generated from
environmentally-friendly energy sources," said Thomas Ringwald,
Managing Director with ConEdison Solutions. "This formally kicks off
our marketing of green power, using wind energy as one source of that
power, to residential customers in the greater New York City area,
including the five boroughs and Westchester County."
Marketing of Green Power to New York City Area Residences
ConEdison Solutions and Community Energy, Inc. are working
together to make green power available to customers in the New York
City region. The initial offering under this partnership is available
to all residential customers in the ConEdison and Orange and Rockland
service territories. The product, supplied by New Wind Energy(TM) and
small, run-of-the-river hydro power, is completely emission-free.
ConEdison Solutions' green power offer is Green-e certified.
ConEdison Solutions provides a wide range of energy procurement
and management services to companies, helping customers successfully
navigate the new competitive energy landscape. ConEdison Solutions
also supplies attractively priced electricity, natural gas, and
value-oriented services to residential and small business customers.
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.
Community Energy, Inc. is the leading marketer of locally
generated wind power. Under its New Wind Energy(TM) brand, Community
Energy, Inc. partners with existing electric suppliers to make
wind-generated electricity available at the best price to commercial
and residential customers. Community Energy, Inc. customers include
the seven largest purchasers of wind-generated electricity in the
nation. More information is available at www.newwindenergy.com.
||Manning Selvage & Lee
||Mark Costiglio/Jessica Welch