Chill Your Winter Energy Bill, Warm Up to Savings With Con Edison Incentives

Company Offering Money to Customers Who Upgrade -- With another New York summer in the books, it’s time for home and business owners to prepare their heating systems to run efficiently when winter’s cold hits. And Con Edison wants to help.

The utility will pay residential customers up to $1,000 for replacing old equipment with new energy efficient equipment or for taking other steps to save energy and money. Some upgrades can reduce heating costs by 30 percent.

Residential and small business customers with central air conditioning can manage their heating and cooling costs with a free smart thermostat. Residential customers who own or buy their own thermostat from certain service providers can receive an $85 rebate.

Con Edison will also pay $50 to residential customers who let the company pick up their old refrigerator or freezer.

Owners of multi-family properties (five to 75 units) and large commercial and industrial businesses can get incentives for energy management control systems.

Con Edison customers can estimate their energy usage and explore ways to save by using the company’s energy calculators: ConEdison.com/energycalculators. For energy tips and information on all of Con Edison’s energy efficiency programs visit: (http://coned.com/energyefficiency/) or call 1-877-870-6118. Customers can also save money on heat by getting an early start on preparing their systems. Fall is the time to use these tips. * Have your heating system cleaned and inspected by a qualified contractor.

  • Inspect ducts to ensure adequate air flow and eliminate any loss of heated air.
  • Clean warm air vents.
  • Place insulation on hot-water pipes or warm-air ducts that pass through unheated areas.
  • Clean or replace filters for your hot-air furnace and heat-pump.

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 $45 billion in assets. The utility provides electric, gas and steam service to more than 3 million customers in New York City and Westchester County, N.Y.