ConEdison Solutions Delivering Major Energy Efficiency Initiative for School District in Willimantic, Connecticut.

Windham Public Schools Expect to Reap $7.1 Million in Energy Savings

WHITE PLAINS, N.Y. -- ConEdison Solutions, one of America's leading energy service providers, has been selected by Windham Public Schools in Willimantic, Connecticut to undertake a 14-year energy efficiency initiative encompassing the district's six schools.

The initiative represents one of the most ambitious energy conservation programs ever undertaken by a Connecticut school district.

Company and school officials said that the district expects that infrastructure improvements made by ConEdison Solutions may save up to $7.1 million in energy costs over a 14-year period through a range of infrastructure and energy efficiency upgrades.

In addition to improvements that will enhance learning and work environments in the schools, ConEdison Solutions will dedicate $12,000 for creation of an energy education curriculum for Windham students at the elementary, middle school and high school levels.

In a study released in June 2006, the Institute for Sustainable Energy at Eastern Connecticut State University found that state schools had spent 35 percent more on energy costs during the most recent school year than the previous one. With the national average for school district energy efficiency at 50 on a scale of 100, Connecticut schools ranked only 26. Connecticut districts would save $46 million annually if they were brought up only to the national average.

"School districts benefit from energy efficiency by allowing educators to redirect resources into their academic mission while also contributing to environmental preservation," said Jorge J. Lopez, President and CEO of ConEdison Solutions. "ConEdison Solutions has an outstanding record of delivering energy services to institutions, businesses and households. We are proud to join forces with the Windham Public Schools, a Connecticut district that is playing a leadership role in energy efficiency."

"Investing in energy efficiency helps us invest more in educating our children," said Paul Perzanoski, Superintendent of Windham Public Schools. "We are proud to be at the forefront of energy efficiency awareness in the state, and are thrilled to pass on the message to our students and community that this initiative leads to savings plus a better environment through more efficient use of resources."

With this initiative, Windham Public Schools will average $510,000 in savings annually. Other benefits include improved operations and aesthetics, improved ventilation, emergency building functionality in the event of power outages, and reduced exposure to increasing electricity and fuel prices.

The contract - known in the energy industry as an "energy savings performance contract" - covers Windham High School, Windham Middle School, North Windham School, Natchaug School, Sweeney School and Windham Center School.

ConEdison Solutions will outfit Windham High School with two new boilers, a 150- kilowatt cogeneration system, energy-efficient windows, and a new cooling system. It will also install high-efficiency lighting at the six schools, which will substantially improve the lighting quality while saving approximately 638,500 kWh of electricity. In addition, ConEdison Solutions will upgrade existing HVAC controls and ventilation, energy management control systems, and vending machine controls. It will also make improvements in the pool and natatorium and install water-saving fixtures and valves. Overall, the projects will save approximately 1,730,000 kWh of electricity and 58,000 gallons of heating oil, while the new cogeneration system will further offset the electricity and heating needs of the high school.

Over the last 12 months, ConEdison Solutions performed a detailed energy audit that assessed a full range of energy savings, cost reductions, and potential infrastructure improvements that could be accomplished through the contract and has designed turn-key projects to implement these improvements. The energy upgrades will begin in June 2007 and the bulk of the improvements are expected to be completed by the end of the year.

About ConEdison Solutions

ConEdison Solutions is a leading energy services company that provides cost-effective energy solutions for commercial, industrial, residential and government customers. Based in White Plains, New York, the firm also has offices in Burlington, Massachusetts; 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 and is accredited as an Energy Service Provider (ESP) by the National Association of Energy Service Companies (NAESCO).

ConEdison Solutions is a subsidiary and registered trademark of Consolidated Edison, Inc. (NYSE:ED), one of the nation's largest investor-owned energy holding companies. ConEdison Solutions presently serves electric commodity customers in Massachusetts, New York, New Jersey, New Hampshire, Delaware, Maryland, Connecticut, Pennsylvania, Texas, Washington, D.C. and Illinois. More information is available at the ConEdison Solutions web site at www.conedsolutions.com. Visit the Consolidated Edison web site at www.conedison.com for information on all Consolidated Edison companies.