Reducing Peak Electricity UseNEW YORK, NY, May 23, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison is expanding its demand response program for
participating commercial and industrial customers who temporarily
reduce their use of electricity on certain hot summer days.
The new program incentives, designed to take effect this summer, will
increase payments for commercial customers who commit to reducing
their electricity use by a minimum of 50 kilowatts when requested.
For example, participating commercial customers may be asked to
reduce their electricity use when it is necessary to lower the demand
for electricity on Con Edison's local distribution system. This may
occur when the use of electricity is at its highest during peak
times, on the hottest summer days.
Customers may reduce their electricity use by dimming lights, turning
off equipment not in use, or raising the temperature on indoor cooling
Customers will be compensated for the electricity not used during a
power-curtailment event. They may also receive monthly compensation
for guaranteed reduction in electricity consumption.
To find out more information and to apply to the 2008 Demand Response
Program, call 1-800-643-1289, or visit www.coned.com/dr.
Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED),
one of the nation's largest investor-owned energy companies, with
approximately $13 billion in annual revenues and $29 billion in
assets. The utility provides electric, gas, and steam service to more
than 3 million customers in New York City and Westchester County, New
York. For additional financial, operations and customer service
information, visit Con Edison's Web site at www.coned.com.
SOURCE: Con Edison Co. of NY, Inc.