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Con Edison Media Relations
Contact: Chris Olert
Telephone: (212) 460-4111

For Immediate Release: June 25, 2002

CON EDISON OFFERS FREE THERMOSTATS FOR CENTRAL AIR CONDITIONING CUSTOMERS

NEW YORK - Consolidated Edison Company of New York, Inc. (Con Edison) is offering free, programmable thermostats to residential customers and religious institutions with central air conditioning to help manage their electricity consumption during the summer.

The high-tech thermostats allow customers in New York City and Westchester County to program their air conditioning manually, or remotely via computer. When electricity use is highest in our region, Con Edison will be able to control the thermostats to help save electricity and ensure continuous, reliable power throughout the region.

The goal of the program is to allow Con Edison to reduce electricity use - not turn off the participating customers' central air conditioning systems - when energy demand is highest. Participants also can override Con Edison's remote programming.

Residential customers or religious institutions may obtain the programmable thermostat and free installation by calling toll-free, 1-866-521-8600 or online at www.coned.com/cool.

Consolidated Edison, Inc. [NYSE:ED] is one of the nation's largest investor-owned energy companies, with approximately $10 billion in annual revenues and $17 billion in assets. The company provides a wide range of energy-related products and services to its customers through two regulated utility subsidiaries and four competitive energy and telecommunications businesses. For additional financial, operations and customer service information, visit the Consolidated Edison Inc. web site at www.conedison.com.




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