CONTACT:      Christine Nevin, ConEdison Solutions (914) 286-7094  nevinc@conedsolutions.com

CONTACT:      Cara Marino, The Marino Organization (212)889-0808 x-25  cara@themarino.org


KEVIN MARTINSEN HONORED WITH CON EDISON SOLUTIONS' 2003 PRESIDENT'S AWARD

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White Plains, NY, May 18, 2004 ConEdison Solutions, a leading energy services provider, has honored Kevin Martinsen, the company's manager of retail commodity programs, with its 2003 President's Award.
 
Each year, the President's Award honors an individual ConEdison Solutions employee who embodies the company's corporate values and goals.  Mr. Martinsen won this year's award in recognition of his superior performance, combined with his outstanding leadership, customer focus, and personal integrity.
 
"Kevin Martinsen is an exemplary leader who serves as both a mentor and a friend to our employees. His passion and dedication to the company have contributed directly to our bottom-line success," said JoAnn Ryan, president and chief executive officer of ConEdison Solutions.  "His sales performance in 2003 was exceptional, and Kevin was responsible for large percent of our business under contract, including a significant volume of new load."
 
One of the original employees to help launch ConEdison Solutions in 1997, Mr. Martinsen began as a sales associate and subsequently held a number of positions of increasing responsibility.  Last year, he assumed the role of manager of retail commodity programs, in addition to his sales position.  As manager, Mr. Martinsen supports the strategic and operational objectives for the commodity business, interfacing with sales support functions to enhance the effectiveness of the company's commodity processes.  He has also helped drive key initiatives involving training, customer service and system/process enhancements.
 
Kevin Martinsen earned a Bachelor of Science degree in business administration from Concordia College and an MBA in marketing from St. Johns University.  He lives in Brewster, New York, with his wife and two children.
 
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, with offices in Burlington, MA, Cherry Hill, NJ, and Arlington, VA, 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.
 
ConEdison Solutions is a subsidiary and registered trademark of Consolidated Edison, Inc. (NYSE: ED).  More information is available at www.conedsolutions.com.  You can also visit the Consolidated Edison, Inc. website at www.conedison.com for information on all of the Consolidated Edison companies.
 
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** Photo available.  Please contact Cara Marino at (212) 889-0808.