ConEdison Solutions Enrolls Commercial Customers in Long Island Retail Choice Program.

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Aug. 3, 1999--

ConEdison Solutions announced today that it has started supplying electricity to numerous large businesses in Long Island effective August 1st, becoming the first and only company to provide competitive electricity under Long Island Power Authority's (LIPA) Long Island Choice program.

Under the Long Island Choice program, customers can now choose to buy their electricity directly from an energy service provider such as ConEdison Solutions.

"Customers are pleased and have stated that our electric offering is proving to be very attractive to Long Island-based commercial customers," said Steve Manning, vice president of sales, ConEdison Solutions. "We've enrolled a number of large businesses that operate more than 100 facilities and represent over 20 megawatts of power on Long Island including supermarkets and national retail chains. These businesses know that energy use and procurement is a vital strategic resource used to maintain a competitive advantage, and that our experience assisting companies with their energy portfolio, in four different states, will help them manage that portfolio in the most efficient and competitive manner possible. The addition of electricity to our offering of natural gas and Total Energy Resource Management (TERM(SM)) services provides our customers with the most complete energy services available in Long Island."

Among the Long Island businesses now buying their electricity from ConEdison Solutions are Kmart Corporation, the national retail giant; The Great Atlantic & Pacific Tea Company, Inc. (A&P), the highest revenue producing supermarket chain in LIPA's service territory including its affiliates, Waldbaum's and the Food Emporium; and The Limited, Inc. a major retail chain which owns Victoria's Secret, Express Stores, Bath & Body Works and Lerner New York.

According to National Energy Manager, Jonathan Swann, for the The Limited, Inc., "The Limited knows that energy is a strategic resource to our business. We are very pleased that ConEdison Solutions can help us reduce costs to better manage our energy portfolio and improve our competitive advantage."

John Sulek, National Energy Manager at Kmart Corporation said, "ConEdison Solutions provides an alternative to LIPA. This offers Kmart an opportunity to improve our efficiencies and better serve our customers."

Calling upon its experience in four states, ConEdison Solutions has served as a customer advocate in the formation and development of the rules governing the Long Island Choice program. Through its efforts, ConEdison Solutions helped ensure the LIPA program gave customers maximum choice and savings.

ConEdison Solutions has been providing natural gas to customers on Long Island for over two years. Now with the addition of electric supply they can offer a complete portfolio of energy services including TERM services to help customers navigate the complex energy marketplace brought about by deregulation.

ConEdison Solutions' TERM services offers a wide range of energy management services designed to help customers apply energy as a business tool. The TERM services help businesses create environments that are welcoming and safe for customers, establish a consistent identity over multiple locations, use available technologies to manage energy costs, optimize efficiency and maintain a consistent environment that supports employee productivity.

ConEdison Solutions is one of the leading energy services providers in the northeastern United States. In addition to energy resource management services, the company provides electricity and/or natural gas to customers in New York, Pennsylvania, New Jersey and Connecticut. For more information, please call 1-888-210-8899 or visit the ConEdison Solutions Web site at www.ConEdSolutions.com.