Cape Light Compact and ConEdison Solutions Announce Electric Prices.CAPE COD Cape Cod, narrow peninsula of glacial origin, 399 sq mi (1,033 sq km), SE Mass., extending 65 mi (105 km) E and N into the Atlantic Ocean. It is generally flat, with sand dunes, low hills, and numerous lakes. , Mass. -- Underscoring their continuing commitment to affordable energy and customer service, the Cape Light Compact and its electricity supplier, ConEdison Solutions, are pleased to announce that electricity prices for Cape Cod and Martha's Vineyard Martha's Vineyard (vĭn`yərd), island (1990 est. pop. 8,900), c.100 sq mi (260 sq km), SE Mass., separated from the Elizabeth Islands and Cape Cod by Vineyard and Nantucket sounds. residential and commercial consumers are being reduced from the rates currently in effect. Since January 2006, the Cape Light Compact has continued to work to reduce prices. These new prices for the second half of 2007 represent a reduction from the current prices and a decrease of approximately 14% to 15% from the prices in effect in January 2006. "These lower electric prices for the Cape and Vineyard, our third straight price reduction since the beginning of 2006, will bring welcome savings to all consumers," said Bob Mahoney, Chairman of the Cape Light Compact. The price is guaranteed to remain in effect for the six-month period from customers' July meter read dates to their January 2008 meter read dates. "We remain committed to providing Cape and Vineyard customers with the best possible offer, especially when it comes to energy cost savings, renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. , and energy conservation," said Jorge Lopez, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ConEdison Solutions. "We encourage all Cape and Vineyard consumers to take advantage of this guarantee of reduced energy pricing. Providing lower bills for Cape Cod and Martha's Vineyard fits with Cape Light Compact's deep commitment to community empowerment." In addition to providing competitively priced electricity, Cape Light Compact also delivers a broad range of innovative services to the Cape Cod community, including energy efficiency programs, energy education in local classrooms, programs that encourage energy conservation and consumer education initiatives. The Cape Light Compact enables all Cape and Vineyard energy consumers to take advantage of other benefits like Cape Light Compact Green(SM) and energy audits to control energy consumption. About the Cape Light Compact The Cape Light Compact, as administered through Barnstable County, is a regional energy services organization made up of all 21 towns of Barnstable and Dukes counties. The purpose of the Compact is to represent and protect consumer interests in a restructured utility industry. As authorized by each town, the Compact operates the regional energy efficiency program and works with the combined buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. of the region's 200,000 electric consumers to negotiate for lower cost electricity and other public benefits. For more information, go to the website, www.capelightcompact.org. About ConEdison Solutions Established in 1997, ConEdison Solutions is a subsidiary of Consolidated Edison This article is about the utility company in New York. For ComEd in Illinois, see Commonwealth Edison. Consolidated Edison, Inc. NYSE: ED is one of the largest investor-owned energy companies in the United States. , Inc., one of the nation's largest and longest-operating investor-owned energy holding companies. ConEdison Solutions is a leading energy services company that provides cost-effective energy solutions for commercial, industrial, residential and government customers. ConEdison Solutions presently serves electric commodity customers in Massachusetts, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , Connecticut, Delaware, Maryland, Pennsylvania, Texas and Washington, D.C. Based in White Plains, New York For other places with the same name, see White Plains (disambiguation). White Plains is a city in south-central Westchester County, New York, about 4 miles (6 km) east of the Hudson River and , with offices in Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 22,876 at the 2000 census. History Burlington was first settled in 1641 and was officially incorporated on February 28, 1799. ; Cherry Hill, New Jersey; Arlington, Virginia; Houston, Texas, and Tampa, Florida, the company's dedicated team of energy professionals delivers a broad range of commodity, consulting, demand-side management, and performance contracting services. ConEdison Solutions creates customized programs and services tailored to help customers achieve their individual energy objectives. Visit the Consolidated Edison web site at www.conedison.com for information on all Consolidated Edison companies. |
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