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Con Edison Media Relations
Contact: Joseph Petta
Telephone: (212) 460-4111

For Immediate Release: January 24, 2005

CON EDISON SETS NEW RECORDS FOR WINTER ELECTRIC USE

NEW YORK - Consolidated Edison Company of New York, Inc. (Con Edison) said today that the company set new records for weekend electricity use this past Saturday and Sunday. On January 22, a new Saturday peak-load record of 7,934 megawatts was reached, followed by a new Sunday record of 7,846 on January 23. Both days eclipsed marks established last winter.

In addition, a new weekend record for power consumption was reached when customers used 327,169 megawatt hours, topping the previous winter weekend record of 318,528 megawatts set January 10-11, 2004. The continuing cold has also accounted for five of the company's 10-highest peak loads for winter weekdays, with the other five highest occurring last winter.

The company said that the new records are weather-related, as New Yorkers turn up their thermostats and use electric heaters to warm their homes and businesses. Customers may contact Con Edison at 1-800-75-CONED or visit the company's Web site at www.coned.com/customercentral to find cold weather, energy saving tips.

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation's largest investor-owned energy companies, with $10 billion in annual revenues and $22 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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