NEW YORK, NY–( EMWNews – March 31, 2008) – Con Edison (NYSE: ED) is urging customers to

consider “greening” their finances in time for April’s “PayItGreen” month.

With over 3 million customers in New York City and Westchester County, the

company is promoting its paperless billing option, e*bill. Close to 60,000

Con Edison customers have enrolled within the past year.

Con Edison is a member of the PayItGreen Alliance, www.payitgreen.org,

which was formed in 2007 and comprises 20 leaders in the financial and

consumer billing industries. The Alliance seeks to educate consumers about

the positive environmental impact of choosing electronic bills, statements

and payments over paper alternatives.

Con Edison’s e*bill program is a fast, convenient and environmentally

friendly payment option. Each month, Con Edison notifies customers via

e-mail when bills are ready for viewing. Switching to e*bill is easy, and

customers can visit www.conEd.com/ebill to learn how to sign up.

“Con Edison’s e*bill program is an easy way to cut down on paper

consumption and save trees by opting to receive and pay your bills

electronically,” said Marilyn Caselli, senior vice president of Customer

Operations. “Taking this small step will have a positive lasting impact on

our environment.”

As an added incentive, the company will donate $1 for every customer who

signs up for the e*bill program to a nonprofit tree planting fund. For

customers living in New York City, the company will donate to Trees New

York, and for customers living in Westchester County, donations will be

sent to Friends of Westchester Parks, Inc.

Con Edison’s e*bill program is one part of the company’s comprehensive

environmental initiatives in EnergyNY, the company’s recently announced

plan to meet the future energy needs of its customers through

infrastructure upgrades and energy efficiency programs. EnergyNY can be

viewed at http://www.conEd.com/energyny.

Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of

the nation’s largest investor-owned energy companies, with approximately

$13 billion in annual revenues and $28 billion in assets. The utility

provides electric, gas and steam service to more than 3 million customers

in New York City and Westchester County, New York. For additional

financial, operations and customer service information, visit Con Edison’s

Web site at www.conEd.com.