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News Release  
For Immediate Release

CON EDISON SOLUTIONS OFFERS UP TO 13 PERCENT IN SAVINGS FOR HOUSEHOLDS AND SMALL BUSINESSES IN PPL TERRITORY

SECRETARY OF ENVIRONMENTAL PROTECTION HANGER JOINS COMPANY CEO JORGE LOPEZ TO ANNOUNCE COMPETITIVE OFFER ON ELECTRICITY COSTS

HARRISBURG, PA – DEC. 15, 2009:  ConEdison Solutions, one of America’s largest energy services companies, is offering up to 13 percent in savings on electricity bills for residential and small business customers in the PPL Electric Utilities (PPL) service area.

The savings, compared to PPL’s generation rates taking effect in January, would reduce electricity spending by approximately $120 over the course of the coming year for a household using 700 kilowatt hours per month.

Secretary of Environmental Protection John Hanger and State Representatives Joseph Preston and Robert Godshall, joined ConEdison Solutions CEO Jorge J. Lopez at a Harrisburg news conference today where the offering was announced.  Preston, a Democrat, and Godshall, a Republican, co-chair the Pennsylvania House Consumer Affairs Committee which oversees energy and utility issues.

“ConEdison Solutions, a financially stable energy services company with an excellent national reputation, is proud to help provide much-needed savings to energy users in the PPL territory,” said Mr. Lopez.

“In today’s economy, every dollar counts,” he said.  “By providing options to reduce electricity costs, ConEdison Solutions will help local families and small businesses make ends meet.”  

The ConEdison Solutions residential price will be 9.38 cents per kilowatt-hour (kwh) for a 12-month term commencing January 2010.  By contrast, once state-mandated price caps expire next month, PPL’s residential supply rate for 2010 will be 10.818 cents per kwh.  ConEdison Solutions’ price not only offers savings compared to the PPL Price to Compare, but is currently the best value among all offers on the price comparison chart on the  Pennsylvania Office of Consumer Advocate’s (OCA) website.

“New competition will lower energy costs for Pennsylvania’s consumers and encourage energy efficiency and conservation that will protect the commonwealth’s natural resources,” said Department of Environmental Protection Secretary John Hanger. “Today’s announcement provides one more opportunity for Pennsylvania's homeowners and businesses to choose and control who supplies their electricity and at what cost.”

ConEdison Solutions also announced its support of Ronald McDonald House®, which provides families of sick children with a "home away from home” while their children are receiving treatment at a nearby children’s hospital.  The company will donate $5 to the customer’s local Ronald McDonald House® for every PPL customer enrolling with ConEdison Solutions before January 31, 2010. 

“As policymakers, our goal in creating a competitive energy marketplace has been to help Pennsylvanians save money and promote environmental quality," said State Representative Joseph Preston.  “With the entry of a respected energy supplier like ConEdison Solutions to the residential market,we know that we are succeeding in bringing a rich array of first-class options to customers."

"When companies compete for a customer’s business, the customer wins by gaining access to the economic benefits arising from the competitive market,” said Pennsylvania State Representative Robert W. Godshall.  "From the outset, we wanted to create a dynamic competitive environment.  The arrival of ConEdison Solutions, a highly respected energy provider, helps us achieve that critical objective."

PPL and the Pennsylvania Public Utility Commission estimate that for customers who do not make the switch to an alternative energy supplier prices would increase by 30 percent for residents and 19 percent for small businesses in January. 

ConEdison Solutions has been active in the PPL service territory since early October, when it began offering competitive energy supply to large business and industrial customers in the area.  It has been serving Pennsylvania’s Pike County Light and Power customers since 2006.

There are no sign-up or switching fees for customers who enroll with ConEdison Solutions. 

Under Pennsylvania's restructured energy market, ConEdison Solutions will supply the lower-priced electricity and PPL will continue to deliver the electricity, read meters, and send customers a single bill that incorporates all electricity charges, just as before.  

ConEdison Solutions presently serves more than 200,000 residential and small commercial accounts in New York, Connecticut, Pennsylvania and Massachusetts by providing value through lower prices, price protection, and environmentally friendly “green” power.

As one of the country's largest competitive electricity suppliers, ConEdison Solutions is known for its stability and financial security.  The companyprovides competitively priced electricity and energy management solutions across the nation, and is licensed to serve Pennsylvania’s PPL customers.  ConEdison Solutions has been in business since 1997 as a subsidiary of Consolidated Edison, Inc. (NYSE:ED), one of the country's largest investor-owned energy companies with a history dating to 1823 and with assets of approximately $30 billion.

Residential and business customers can contact ConEdison Solutions at 1-866-842-8166 or learn more about the company's offers by visiting www.conedsolutions.com/SAVEinPPL. 

Large and mid-sized businesses can contact ConEdison Solutions at 1-800-316-8011 or visit www.conedsolutions.com/ppl.  

About ConEdison Solutions

ConEdison Solutions is a leading energy services company that provides competitive power supply, renewable energy, sustainability services, and cost-effective energy solutions for commercial, industrial, residential, and government customers.  The company is based in Valhalla, New York, with offices in Burlington, Massachusetts; Cherry Hill, New Jersey; Falls Church, Virginia; Houston, Texas; Tampa, Florida; Durham, North Carolina; and Overland Park, Kansas.  The firm’s dedicated team of energy professionals delivers a broad range of commodity, consulting, demand-side management and performance contracting services.  ConEdison Solutions offers programs and services designed to help customers achieve their individual energy objectives and is accredited as an Energy Services Provider (ESP) by NAESCO.

ConEdison Solutions is a subsidiary and registered trademark of Consolidated Edison, Inc. (NYSE: ED).  More information can be obtained by calling 1-888-210-8899 or visiting the ConEdison Solutions website at www.conedsolutions.com.  You can also visit the Consolidated Edison, Inc. website at http://investor.conedison.com for information on all of the Consolidated Edison companies.