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Con Edison Media Relations
Contact: Brenda Pérez
Telephone: (212) 460-4111

For Immediate Release: October 17, 2002

CON EDISON HONORED WITH EPA'S WASTEWISE CHAMPION AWARD

NEW YORK - Consolidated Edison Company of New York, Inc. (Con Edison) has been honored with the U.S. Environmental Protection Agency's (EPA) WasteWise Program Champion Award, which recognizes the achievement of waste reduction by a variety of United States organizations, from tribal governments to some of the nationís largest corporations.

"It is gratifying that the EPA recognizes Con Edison's strong commitment to the environment. This award is another source of motivation for all the men and women at Con Edison who go out of their way searching for and implementing innovative, dynamic programs to protect and improve the environment," said Randolph S. Price, Con Edison's vice president of Environment, Health and Safety, who received the award on behalf of the company at a ceremony in Washington D.C.

The EPA noted Con Edison's reuse of 687 pieces of office furniture and 200 work-stations last year. Through this initiative, the company diverted 171 tons of waste that would have otherwise been sent to landfills - and saved $500,000 in the process.

Initiated by EPA in 1994, WasteWise is a free and voluntary partnership program that provides guidance and recognition to the nearly 1,300 participating organizations working to find practical methods to reduce municipal solid waste and improve financial performance.

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation's largest investor-owned energy companies, with more than $8 billion in annual revenues and $18 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.




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