CONTACT:  Christine Nevin, ConEdison Solutions 
(914) 286-7094, (914) 629-2860 cell  nevinc@conedsolutions.com
 
CONTACT:      Cara Marino Gentile, The Marino Organization
(212) 889-0808 x-125, (914) 715-6145 cell  cara@themarino.org

MICHAEL PERNA JOINS CON EDISON SOLUTIONS AS VICE PRESIDENT OF BUSINESS DEVELOPMENT

Seasoned executive will lead marketing and development activities for nationwide leader in energy services
 
White Plains, NY - June 7, 2006 - ConEdison Solutions, one of the leading energy services companies in the U.S., has announced that Michael N. Perna, 41, has joined the firm as Vice President of Business Development.   Mr. Perna, an executive with nearly 20 years of experience in the energy industry, joined ConEdison Solutions on May 15 and is responsible for overseeing all aspects of the company’s marketing and business development activities.

Mr. Perna will be responsible for managing the growth strategy and business expansion initiatives for ConEdison Solutions, including all product development and tactical planning in support of the Retail Commodity and Energy Services businesses.   In addition, he will lead the Marketing and Communications planning including brand management, advertising, lead generation and media relations for the company. 

 “Michael Perna is a seasoned professional who has the targeted energy and leadership experience needed for this challenging position,” said JoAnn Ryan, President and CEO of ConEdison Solutions. “His solutions-focused approach and extensive industry expertise will help ConEdison Solutions grow the business and continue to elevate our reputation as a leading energy services company.”

Prior to joining ConEdison Solutions, Mr. Perna was a principal at Energized Strategies II, LLC, a management consulting company providing market strategy, product/service launch, and project management consulting for clients.  Earlier in his career, Mr. Perna spent nearly 15 years at Public Service Enterprise Group (PSEG), a Fortune 250 energy company. There he held positions of increasing responsibility in a variety of functional areas including sales, marketing, and customer operations.

In 1993, Mr. Perna was awarded an Industrial Program Fellowship in Customer Systems at the Electric Power Research Institute (EPRI) in Washington, DC.  Other professional recognition includes the PSEG Corporate Excellence Award, which he received in 1994 and 1997.

Mr. Perna holds a Master of Business Administration degree from Fairleigh Dickinson University and a Bachelor of Engineering with Honors from Stevens Institute of Technology. 

ConEdison Solutions supplies competitively priced energy and energy management services to such prominent clients as The John F. Kennedy Presidential Library and Museum, the U.S. Postal Service, the New York Marriott Marquis, and many of the Northeast and Mid-Atlantic’s largest commercial and industrial customers.

ConEdison Solutions is headquartered in White Plains, New York, with offices in Burlington, Massachusetts; Cherry Hill, New Jersey; Arlington, Virginia; and Houston, Texas.  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 can be obtained by visiting the ConEdison Solutions web site at http://www.conedsolutions.com/.  Visit the Consolidated Edison, Inc. website at http://www.conedison.com/ for information on all of the Consolidated Edison companies.