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Con Edison Sponsoring Climate Week While Making Robust Clean Energy Investments

Company and its Customers Are Creating a Clean Energy Future

Con Edison is proud to support Climate Week NYC 2021 as it works with its customers to lower emissions and fight climate change.

The company is a transport sponsor of the event, which begins today and runs through Saturday.

“The electrification of transportation alongside the rise of clean renewable power is critical in the fight against climate change,” said Leonard Singh, senior vice president, Customer Energy Solutions, for Con Edison. “We are all in on electric vehicles, and working every day to make it more convenient and cost-effective for New York City’s drivers to switch to EVs. We’re proud to partner with Climate Week NYC at this momentous time for our city and our planet.”

(See a video on Con Edison’s climate change efforts: https://bcove.video/39e9z8L)

Con Edison’s role as transport sponsor is fitting, given the company’s emphasis on making it more convenient and economical for drivers to choose electric vehicles.

Electric vehicles produce no tailpipe emissions, meaning they dramatically reduce carbon emissions, compared to vehicles that burn gasoline and diesel. And as New York State adds large amounts of renewable energy to its portfolio, EVs will increasingly run on emissions-free electricity.

Support for EVs is a key part of Con Edison’s Clean Energy Commitment. The company’s clean transportation initiatives include:

  • Its PowerReady program, which is providing incentives for 19,000 charging plugs across New York City and Westchester County by the end of 2025;
  • A partnership with the New York City Department of Transportation to place 100 publicly available charging plugs at curbsides in the five boroughs;
  • An innovative demonstration project with the White Plains school district in which five electric school buses take students to an elementary school. The company also discharges the batteries into its grid and delivers that power to customers;
  • SmartCharge New York, which provides EV drivers with rewards for charging their vehicles overnight when the demand for power is low;
  • The purchase of the first all-electric utility bucket truck in the country. Bucket trucks lift workers to work on power lines, transformers and other equipment.

Las iniciativas de energía limpia de Con Edison tienen un gran alcance y van mucho más allá de la electrificación del transporte.

Smart Electric Power Alliance, o SEPA, incluye a Con Edison en su Tabla de clasificaciones de transformación de servicios públicos de 2021 en reconocimiento a los esfuerzos de la empresa para crear un sistema de energía libre de carbono.

  • La empresa ofrece incentivos de eficiencia energética a clientes residenciales, comerciales y propietarios de edificios multifamiliares. Desde 2009, Con Edison ha ayudado a 1.3 millones de clientes a ahorrar con mejoras de eficiencia energética y evitó la emisión de 11 millones de toneladas de carbono. La empresa planea triplicar sus programas de eficiencia energética para el 2030.
  • Con Edison ha ayudado a sus clientes a completar más de 40,000 proyectos de energía solar con capacidad para producir 362.6 megavatios de energía limpia. Durante un año, los paneles producen suficiente energía para evitar la cantidad de gases de efecto invernadero que emiten 70,000 vehículos con motores de combustión internos.
  • A través de su Clean Energy Businesses, Con Edison Inc. es el segundo productor de energía solar más grande de América del Norte y el séptimo más grande del mundo, con recursos en funcionamiento o en construcción en 20 estados. La empresa ha demostrado su apoyo al plan del presidente Biden para aumentar de forma significativa la generación solar.
  • La empresa ofrece incentivos a los clientes que buscan opciones de calefacción limpias, como las bombas de calor geotérmicas, las aerotérmicas y las minisplits. La empresa también está invirtiendo en tecnología de almacenamiento de baterías, que se combina de forma correcta con la energía renovable. Las baterías permiten almacenar energía de paneles solares y molinos de viento para distribuirla a los clientes cuando la necesiten.

The company is also investing in battery storage technology, which pairs well with renewable energy. Batteries allow power from solar panels and windmills to be stored for distribution to customers when they need it.

Con Edison and a partner, 174 Power Global, plan to place the largest battery system in the state at the site of a former fossil fuel plant near the East River in Astoria.

The addition of large amounts of renewable energy in New York State – including 9,000 megawatts of offshore wind - also requires investment in transmission lines to bring that power to population centers. Con Edison recently got approval to invest $780 million in three important transmission projects.

Con Edison would like to do even more. The company is seeking regulatory approval to add many medium- and large-scale renewable generation projects in New York.

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation’s largest investor-owned energy companies, with approximately $12 billion in annual revenues and $63 billion in assets. The utility delivers electricity, natural gas and steam to 3.5 million customers in New York City and Westchester County, N.Y. For financial, operations and customer service information, visit conEd.com. For energy efficiency information, visit coned.com/energyefficiency  Also, visit us on Twitter and Facebook.

About Climate Week NYC

Climate Week NYC is the time and place where the world gathers to showcase amazing climate action and discuss how to do more. Run by the international non-profit Climate Group, in partnership with the United Nations General Assembly (UNGA) and the City of New York, Climate Week NYC annually brings together voices from across the spectrum to discuss and implement climate action now.

About Climate Group

Climate Group drives climate action. Fast. Our goal is a world of net zero carbon emissions by 2050, with greater prosperity for all. We focus on systems with the highest emissions and where our networks have the greatest opportunity to drive change. We do this by building large and influential networks and holding organizations accountable, turning their commitments into action. We share what we achieve together to show more organizations what they could do. We are an international non-profit organization, founded in 2004, with offices in London, New Delhi and New York. We are proud to be part of the We Mean Business coalition. Follow us on Twitter @ClimateGroup.

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