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Con Edison Media Relations
For Immediate Release: May 18, 2011
9:00 a.m.

CASH IN ON OLD FRIDGES
1,400 Con Edison Customers Participate in Refrigerator Recycling Program

NEW YORK - Con Edison paid Staten Island resident Philip Esposito $30 today for making a phone call to remove a 20-year old refrigerator out of his garage. Not only is Con Edison doing all of the work, he’ll have saved more than three times that much money in energy costs a year from now.

Con Edison has already paid out over $45,000 to New Yorkers who want to recycle their old, energy-wasting “second” refrigerator. Con Edison’s Green Team removes it for free and customers get $30. 

The program is part of the company’s commitment to help customers save on their electric bills while helping the environment. Older refrigerators can cost twice as much to run as newer, more efficient models.

“Old refrigerators account for nearly 20 percent of the energy used by the average New York household,” said Cristina Coltro, manager for residential energy efficiency programs at Con Edison. “We are offering this program to help customers like Mr. Esposito save money and help our environment.”

Staten Island Borough President James Molinaro said, "I am pleased to join with Con Edison in urging Staten Islanders to save money by turning in their old appliances for more energy-efficient models.  It's just common sense in this day and age to cut household costs and support 'green' energy alternatives."

Con Edison residential electric customers in one-to-four family homes are eligible for the incentives. The company will remove regular-sized second, or extra, refrigerators, which are often kept in garages and basements, at no charge.  Con Edison will arrange to safely dismantle and recycle the energy-guzzling appliance.

Con Edison customers will receive $30 for second refrigerators. The program covers the removal of up to two appliances per type per household.  Appliances must be in working condition in order to be picked-up and recycled.

To schedule a pick-up or inquire about eligibility, visit http://www.coned.com/energyefficiency/residential_bounty_program.asp or call1-800-430-9505.

Con Edison has an energy efficiency program available for almost everyone. For more information, visit www.conEd.com/greenteam  or call Con Edison’s “Green Team” at 1-877-870-6118.

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 $36 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.

Consolidated Edison, Inc. is a Dow Jones Sustainability Index (DJSI) company. The global Carbon Disclosure Project (CDP) has ranked Consolidated Edison, Inc. #1 among all S&P 500 companies in its 2010 Carbon Disclosure Leadership Index, as well as # 1 among utilities in the CDP’s new Carbon Performance Leadership Index. Consolidated Edison, Inc. also has been recognized for its environmental performance by the U.S. Environmental Protection Agency, the U.S. Department of Energy and other organizations.

For additional information, visit us on the Web at www.conEd.com, at our green site, www.conEd.com/thepowerofgreen, or find us on Facebook at Power of Green.

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