Tag: Con Edison

Con Edison Now # 2 Solar Energy Producer in North America

Company’s New Sustainability Report Also Details Operational and Environmental Improvements

NEW YORK, Dec. 13, 2018 (GLOBE NEWSWIRE) — Consolidated Edison, Inc. (NYSE: ED) (“Con Edison”) announced today that its subsidiary has completed its previously announced purchase of a Sempra Energy subsidiary that owns 980 megawatts (MW) AC of operating renewable electric production projects and certain development rights for additional solar electric production and energy storage projects. The $1.6 billion acquisition brings the Con Edison Clean Energy Businesses portfolio of renewable assets to 2,600 MW AC in 17 states. The acquisition makes Con Edison the second largest solar energy producer in North America.

The announcement coincided with Con Edison’s release of its 2017-2018 Sustainability Report, https://bit.ly/2BcIVLV.

Among other highlights in the report, the company announced it has reduced its carbon footprint nearly in half since 2005, eliminating 2.52 million tons of carbon emissions, the equivalent of taking half a million cars off the road. The company’s energy efficiency program initiated in 2009 also has helped 600,000 customers with upgrades preventing more than 1.4 million tons of carbon emissions, equal to sidelining another 300,000 cars.

“Our acquisition of these renewable energy assets builds on a strong record of environmental commitment, and our determination to be national leaders in clean energy initiatives,” said John McAvoy, Con Edison’s chairman and CEO. “Over the next three years, we will double the gas energy efficiency levels we offer customers and reduce overall usage during peak periods, while supporting the city and state’s climate and clean energy goals.

“We expect to invest $9.5 billion on our energy systems during this period to improve safety, maintain reliability, and reduce risk,” McAvoy added. “Our core energy systems remain the backbone of our operations, and will continue to serve as the platform for incorporating new renewable technologies.”

Included in the 980 MW AC purchase are a 379 MW share of projects that Sempra owned jointly with Con Edison Clean Energy Businesses.

“Sempra has been an excellent operating partner and they demonstrated the same high level of professionalism throughout this transaction,” said Mark Noyes, the president and CEO of Con Edison Clean Energy Businesses. “The significance of the purchase is twofold for us. It increases our renewable energy production, enhancing our status as a market leader, and does so with assets close to where we operate other facilities, providing us with operating synergies.  Our combined solar and wind energy portfolio avoids 5.4 million tons of carbon dioxide emissions, on par with ushering 1.2 million cars to the curb.”

A slide presentation regarding the acquisition is available at www.conedison.com
(Select “For Investors,” “Press Releases,” and “3rd Quarter 2018 Earnings Release and Clean Energy Businesses Update Presentation”).

The company’s Sustainability Report also notes that:

  • Smart meters are improving control of voltage levels, improving energy efficiency and saving customers money, while also facilitating customer convenience with remote service turn-ons and automatic detection of outages.
  • The company joined 40 other companies as a founding partner in the EPA’s Natural Gas Star Methane Challenge with the aim of reducing methane emissions. R&D teams are using technologies that identify and estimate emissions from non-hazardous gas leaks to find and repair the non-hazardous leaks with the highest emission levels. (Hazardous leaks are repaired immediately.)
  • Collaboration with other energy companies and the Department of Homeland Security (DHS) are enhancing cybersecurity efforts to protect against intrusions.
  • R&D teams have deployed remote technologies, including sensors and robots, to inspect and/or repair transmission and distribution equipment as well as steam boilers.
  • Con Edison has invested over $5.2 million in electric vehicle charging infrastructure in its utility fleet and is offering incentives for customers who purchase electric vehicles.
  • Edison Electric Institute’s Environmental, Social and Governance Qualitative Template, which Con Edison is now utilizing with this report, is providing an industry standard for company reporting of comparative data on environmental, social and governance metrics.

Consolidated Edison Development, Inc. is a wholly-owned subsidiary of Con Edison Clean Energy Businesses, Inc. that acquires, develops, builds and operates wind and solar electric generation facilities across the U.S. The portfolio includes renewable energy, as well as energy storage assets. Con Edison Development’s wind and solar assets now total approximately 2,600 MW AC across 17 states. The power produced by these projects is primarily sold through long-term contracts to utilities, electric cooperatives, municipalities, and commercial and industrial customers.

Con Edison Clean Energy Businesses, Inc. is a wholly-owned subsidiary of Consolidated Edison, Inc. Con Edison Clean Energy Businesses, Inc., through its three main subsidiaries, develops, owns, and operates renewable and energy infrastructure assets and provides energy-related products and services to wholesale and retail customers.

Consolidated Edison, Inc. is one of the nation’s largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $50 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., which through its three main subsidiaries develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which through its subsidiaries invests in electric and natural gas transmission projects.

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Contact: Media Relations

Clinton Hill Co-op Building Energy Assessment

Located in a convenient, thriving and ‘happening’ neighborhood of Brooklyn, the Clinton Hill Cooperative Apartments are a 12 building, 1,200 unit pet-friendly community in a lush park-like setting, featuring beautifully renovated co-ops, 24-hour security, live-in staff and laundry rooms.  Affordable prices provide buyers with an incomparable value, without the hassle of board approval.

NYC 2030 District member Clinton Hill is receiving a building energy assessment conducted by the District at no charge to help identify some of their best energy conservation measures (ECMs) and evaluate the current Con Edison incentives. We were also joined by two of our summer engineering interns, who gained some valuable real-world experience.

We spent a great deal of time in their boiler room which provides the buildings with steam heat and domestic hot water. The NYC 2030 team also looked at their control systems, steam traps, and their pressure readings.

The NYC 2030 crew will also evaluate their solar PV orientation, plus their combined heat and power( CHP) options, as there are roof stacks and exhaust codes being in the Clinton Hill Historic District.

If you’d like more information on the NYC 2030 District please email info@NYC2030.org

The NYC 2030 District Advanced RTU Webinar

Rooftop units (RTUs) are used in over 60% of all commercial building floor space to optimize cooling, heating, and ventilation and found on most NYC low-rise buildings like, schools, stores, hospitals and restaurants.
RTUs are capable of handling anywhere from 1.5 tons to 162 tons in the volume of supply air. Thus, even a small improvement in rated efficiency of these units can lead to significant reductions of energy use and carbon emissions.
On July 10th, 2018, The Department of Energy’s Advanced RTU Campaign and PaceControls presented on the trends and drivers of RTU efficiency for commercial buildings in New York City. We discovered what are the latest resources, tools and technologies in replacing or retrofitting RTUs, plus making a compelling business case with the robust RTU incentives from Con Edison.

You can also download the presentation HERE


Con Edison Wins Award for Technology That Supports Big Solar Jobs

NEW YORK, NY, Sep 10, 2015  — Con Edison has earned recognition for a smart grid innovation that lets customers install super-sized photovoltaic arrays and continue to receive reliable service.

The Solar Electric Power Association named Con Edison a winner of the Solar Power Player Award in the Investor Owned Utility category. The association helps utilities integrate solar energy into their portfolios.

“Our customers are seeking clean-energy options and ability to manage their costs,” said Robert Schimmenti, senior vice president, Electric Operations, for Con Edison. “One way we try to help them meet those goals is by making it easy for them to turn to solar, a renewable source that is an important part of our state’s energy future.”

The company earned its award with a 2013 project that enabled Jetro Cash and Carry’s Restaurant Depot to place a 1.6-megawatt array on the roof of a building in the Hunts Point section of the Bronx.

Con Edison engineers were concerned that the backflow of electricity from such a large, net metered installation would cause network switches to open, impacting the reliability of the grid. Con Edison has thousands of network switches on its system. They connect and disconnect underground transformers based on changing load conditions.

The Con Edison experts were able to adjust the relays on the network switches associated with Jetro so that the switches do not open when power flows into the grid from Jetro. But those switches will open if they detect an actual fault.

Since the Jetro panels went into service, Con Edison has used the technology to enable five additional customers to install large solar arrays.

In all, Con Edison customers in New York City and Westchester County, N.Y. have completed 5,500 solar projects, producing 75 megawatts to power their homes and businesses.

Solar energy fits with Con Edison’s ongoing quest to protect the environment, maintain its industry-leading reliable service and save customers money. Solar energy is an important part of Con Edison’s plan to manage the demand for electricity in certain parts of Brooklyn and Queens where rapid economic development is taking place.

The company is also conducting a demonstration project called Virtual Power Plant to explore how solar can be combined with battery storage to increase benefits to the grid and make service more resilient.

Con Edison even placed solar panels on the roof of its headquarters in Manhattan. The 200 panels produce 40 kilowatts of clean, renewable power.

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 $45 billion in assets. The utility provides electric, gas and steam service to more than 3 million customers in New York City and Westchester County, N.Y.

Media Relations

SOURCE: Consolidated Edison, Inc.

No Sweat:CoolNYC Keeps Window ACs from Hogging All the Electricity

This summer, New Yorkers with window ACs don’t have to come home to a sauna or an icebox after being out all day. No longer do they have to decide between leaving the AC unit off or on while they are out. Instead, they can join coolNYC, the popular window air conditioner program that offers users technology to control their AC temperature and turn any room air conditioner on/off remotely via their computer or smartphone. The program is returning to Con Edison customers in 2015 with more ways for New Yorkers to save energy, earn rewards, and stay cool.

coolNYC, a Con Edison program offered in partnership with ThinkEco, allows New Yorkers to work together to ensure the reliability of NYC’s electric grid. Customers who join coolNYC can control their room AC from anywhere and earn coolPoints through participation in coolNYC Events. During an event, coolNYC will temporarily reduce the customer’s AC energy use. coolNYC Events will generally take place when the electric grid is under strain, typically on very hot days.

“Last year, thousands of New Yorkers participated in coolNYC and saved money and energy by controlling their window ACs. This year, we’ve expanded the program to provide more choices for New Yorkers,” said David MacRae, residential customer solutions manager of Con Edison. “Con Edison is constantly looking for new ways to engage our customers and provide them opportunities to save energy.”

NYC customers can sign up for the program now at coolnycprogram.com. Additionally, customers who participated last year can now re-enroll. For new customers, coolNYC has four ways to participate and earn coolPoints this year.

  • Try It: You are in control. Simply sign up to earn up to two smartAC kits for the summer. The smartAC kits are yours to keep if you set them up and fully participate in at least three coolNYC Events, and you’ll earn coolPoints for your participation.
  • Buy It: The smartAC kit is available for purchase for $139.99. You can participate in coolNYC, earn coolPoints, save energy, and help your city.
  • Friedrich Kuhl: If you own or plan to buy a Friedrich Kuhl air conditioner and FriedrichLink Wi-Fi Adapter, you can enroll in the coolNYC program to earn coolPoints. You can earn more than $100 in coolPoints.
  • Frigidaire Cool-Connect: If you purchase the new Frigidaire Cool-Connect air conditioner, you can enroll in the coolNYC program to earn coolPoints. You can earn more than $100 in coolPoints.

For Friedrich and Frigidaire customers signing up their Wi-Fi enabled air conditioners, the process is as simple as going to www.coolnycprogram.com to register and “opt in” their existing connected ACs. Customers without a Wi-Fi enabled unit can buy or try a smartAC kit, which includes a modlet plug and a smart thermostat. The customer can use this kit to turn their room air conditioner on or off, or adjust the temperature remotely from any computer or smartphone.

It’s Hot Out There
Con Edison estimates there are over 6 million window air conditioners in New York City, accounting for 20 percent of peak summertime electricity demand. On a hot summer day, the strain on the electric grid can be immense, doing your part to reduce energy use can make a big difference with only a small, temporary temperature adjustment.

During a coolNYC Event, the coolNYC program may turn your AC on and off periodically or change your AC to a slightly higher thermostat setting to reduce power usage. Events typically last for four hours and can occur between three and 10 times per summer. Customers will receive notifications based on their preferences in advance of each event. If needed, a customer can override the temperature adjustment and choose not to participate in a coolNYC Event.

To learn more about coolNYC and how to turn your window AC into a smart summertime appliance, go to www.coolnycprogram.com. Follow us on twitter @coolnycprogram.

About Con Edison
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 $44 billion in assets. The utility provides electric, gas and steam service to more than 3 million customers in New York City and Westchester County, N.Y. For additional financial, operations and customer service information, visit www.conEd.com, our green site, www.coned.com/waystosave, or find us on Facebook at Con Edison.

About ThinkEco, Inc.
New York City-based ThinkEco, Inc. is a leading Internet-of-Things (IoT) technology company, providing easy-to-use energy efficiency solutions for utilities, enterprises, and homes. ThinkEco’s patented IoT technology platform enables cloud-based energy efficient and connected home applications powered by intelligent algorithms. ThinkEco also provides an attractive customer user interface and fully functional API with which utility and technology partners can integrate. For more information, visit www.thinkecoinc.com, follow the company on Twitter @ThinkEco and find us on Facebook at www.facebook.com/ThinkEco.


Con Edison: Customer Choice, Technology and Innovation Redefining Utility Business

NEW YORK, NY, May 18, 2015 (Marketwired via COMTEX) — Consolidated Edison, Inc. (Con Edison) Chairman and CEO John McAvoy told company shareholders at today’s annual meeting that “solar, wind, battery storage, fuel cells, electric vehicles, and smart meters are changing lives,” and that “to navigate this new world, we won’t just respond to change, we will lead.”

“We will lead because of our legacy,” said McAvoy. “For nearly 200 years, Con Edison has powered New York. Your company makes the city and region tick. We light the Great White Way and hospital emergency rooms, Wall Street, and Brooklyn brownstones. By building on this legacy, we will continue to thrive.”

McAvoy said that in the last year alone, 3,000 new solar projects were installed by customers in the company’s service territory, double the number of all area solar projects previously installed. In this year’s first quarter, another 1,000 were connected to the grid. “Demand for solar is soaring,” said McAvoy. “Over the next five years, we expect to see five times as many solar customers. We will be ready for this change.”

On the solar provider side of the equation, one of the company’s competitive energy businesses, Con Edison Development, is now the sixth-largest owner/operator of solar electricity generation in the United States with solar projects in eight states; the competitive energy businesses also have wind projects in three states.

Con Edison’s chairman also cited the company’s Brooklyn-Queens Demand Management program as a way to save money while meeting the need for expanded electric demand. “In certain Brooklyn and Queens neighborhoods, we’re seeing a boom in residents, jobs, and subway riders. Electric use is growing. Rather than making huge investments, the plan is to meet this growth through energy efficiency, demand management, and distributed generation.”

“Savvy consumers are driving our business,” McAvoy added. “That is why we invest in projects that give them greater choice and control. All the while we seize opportunities to strengthen the grid and grow our business: Opportunities to nourish our communities, and engage our workforce; opportunities to improve the environment, and reduce costs; this is how we will deliver value to you.”

McAvoy said links between the local economy, energy technologies, policymakers, and educators go hand-in-hand: “We are doing our part by supporting organizations that introduce students to science, technology, engineering and math. Young people in our job shadowing program partner with our energy professionals. We mentor students at schools such as Energy Tech High School in Queens, where our engineers help develop the curriculum, and students acquire marketable skills.”

McAvoy expects those skills to be put to ample use in New York City, which he referred to as a “tech firm magnet.” He noted that while entrepreneurs are working on new digital ventures, the city is greening its building codes, trends that complement Con Edison’s focus on delivering cleaner, affordable and efficient energy.

Con Edison invested more than $2 billion in its electric, gas, and steam systems last year, which included $500 million for accelerated gas main replacements to strengthen and expand the natural gas system. McAvoy also estimated that the company avoided outages to more than 50,000 electric customers last year due to improvements made to the company’s systems in the wake of Superstorm Sandy.

The chairman said one of the biggest items on the company’s horizon is the installation of smart meters. The first smart meter installations will occur in Orange & Rockland (O&R) Utilities service territory in the Rockland County village of Pomona. The meters give customers detailed, real-time information about their energy use and let utilities know immediately when power is out so service can be restored faster.

Smart meters have the potential to create savings through two-way communication between meter and appliances that can prompt running a washer, dryer, or dishwasher cycle late at night when the price of energy is lower. Smart meters will roll out over the company’s service territories over a several year period.

Company-sponsored energy efficiency programs remain among the most effective ways to reduce energy use and costs; more than 230,000 customers have taken advantage of rebates and incentives for installation of high-efficiency lighting, cooling, and heating, or for recycling earlier-model energy guzzling refrigerators or older air conditioners.

McAvoy also spoke of the painful anniversary of the devastating natural-gas explosion in East Harlem, noting the company’s determination to learn from the tragedy, and the more recent explosion in March in the East Village due to an improper customer gas connection. He emphasized safety as a top-of-the-line priority, noting increased gas safety patrols to find leaks sooner and respond faster. He also noted the company’s new online gas leak map, with information about where gas leaks have been made safe, and where they are being repaired or monitored.

“We’re working hard to let the public know, if you smell gas, you need to act fast. Leave the area immediately,” he stated, “and call 911 or Con Edison. Don’t assume someone else has made the call.”

Consolidated Edison, Inc. is one of the nation’s largest investor-owned energy companies, with approximately $13 billion in annual revenues and $44 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,350 square mile area in southeastern New York state and adjacent sections of northern New Jersey and northeastern Pennsylvania; Consolidated Edison Solutions, Inc., a retail energy supply and services company; Consolidated Edison Energy, Inc., a wholesale energy services company; and Consolidated Edison Development, Inc., a company that participates in infrastructure projects.

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Media Relations
(212) 460-4111

SOURCE: Consolidated Edison, Inc.

Con Edison Customers Seeing Sunny Side Of Saving Energy, Lowering Bills

Rooftop solar arrays are helping more than 4,700 Con Edison customers lower their energy bills and protect the environment.

The company has encouraged its customers to consider whether solar energy is right for them and customers have responded by more than tripling the amount of solar production in New York City and Westchester County in just over two years.


The solar panels on homes and businesses in the area produce 67.5 megawatts of clean power, compared with 18.2 megawatts at the end of 2012, according to Con Edison’s latest numbers, which the utility released with Earth Day 2015 approaching.

“New York State’s Reforming Energy Vision proceeding is a great opportunity to make it easier for customers to choose clean energy options like solar,” said Patrick McHugh, Con Edison’s vice president, Engineering and Planning. “It’s clear our customers want the ability to better manage the ways they get and use energy, and we support the REV initiative’s move in that direction.”

Incentives from the New York State Energy Research and Development Authority, tax breaks and the state’s net metering law have made solar economically attractive. The net metering law allows customers to sell excess power that their panels generate back to the utility.

In 2014 alone, 2,138 Con Edison customers installed solar photovoltaic panels for yearly growth of 25 MW.

Customers in Westchester County have installed 1,484 solar projects producing 20 megawatts. In New York City, the borough with the most solar penetration is Staten Island, where customers have completed 1,986 projects producing 16.9 megawatts.

Since then, five additional companies in New York City have taken advantage of the Con Edison technology to make giant installations possible. Without the technology, the large backflow of power from these large installations would cause the customers to be blacked out.

Con Edison has even installed solar panels on its headquarters in Manhattan. The 200 panels produce 40 kilowatts.

Con Edison contributed technical support for the creation of the New York City Solar map (http://www.nycsolarmap.com/), a tool that lists the solar potential of every building in the city.

A Con Edison website, http://www.coned.com/dg/solarenergy/, explains the benefits of solar, the installation process and net metering.

via Con Edison: newsroom – Con Edison Customers Seeing Sunny Side Of Saving Energy, Lowering Bills.

Con Edison Customers Went Green & Earned Green In 2014

Energy Efficiency Programs Prevent Emissions, Provide Incentive $$$

Con Edison Media Relations
For Immediate Release: March 25, 2015

Nearly 35,000 Con Edison customers who took advantage of the company’s energy efficiency programs in 2014 helped keep New York’s air clean and earned a record amount of incentives while doing so.

The customers’ projects — which included lighting, HVAC equipment, building management systems and other improvements — will keep more than 87,000 tons of carbon out of the air annually.

That’s the equivalent of taking 14,500 cars off the road.

“Technology is bringing us new ways to help our customers save energy, and keep New York clean,” said Rebecca Craft, Con Edison’s director of Energy Efficiency and Demand Management. “And our customers benefit financially with incentives for energy-saving improvements and lower bills.”

Con Edison customers earned almost $60 million in incentives in 2014 for their energy efficiency upgrades.

The company’s small business program proved to be particularly attractive last year, as the number of customers who got incentives for electricity-saving upgrades rose 61 percent to 9,523. Those customers earned $35.1 million in incentives.

Since 2009, which is when Con Edison began its energy efficiency programs, more than 220,000 customers have helped to prevent 330,000 tons of carbon emissions and received $190 million in incentives.

Con Edison has energy-efficiency programs for every type of customer. To learn more, go to http://www.coned.com/energyefficiency/.

The company offers residential customers rebates of up to $1,000 to replace old cooling and heating systems and rebates up to $50 for appliance upgrades. Small business customers can get free energy surveys and free or subsidized upgrades to help them use less electricity in certain neighborhoods.

Customers with multifamily buildings of five to 75 units can get free energy surveys and rebates for energy-efficient electric and gas equipment in common areas. Commercial and industrial customers can save up to 50 percent on an energy efficiency survey and receive incentives for upgrading equipment.

Con Edison also has a Demand Response program that pays customers to curtail their electrical usage when demand for electricity is high. The enrollment deadline is April 1 for customers who want to being receiving benefits in May. Get more information here:http://coned.com/energyefficiency/demand_response.asp.

The company also increased its Demand Management incentives for owners and managers of large buildings who take advantage of technologies like battery storage, thermal storage, and LED lighting to reduce usage at peak times. Get information here:http://coned.com/energyefficiency/demand_management_incentives.asp

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 $44 billion in assets. The utility provides electric, gas and steam service to more than three million customers in New York City and Westchester County, N.Y. For more financial, operations and customer service information, visit www.conEd.com, learn energy tips at,www.coned.com/waystosave, or find us on Facebook at Con Edison.

via Con Edison: newsroom – Con Edison Customers Went Green & Earned Green In 2014.

Building Owners: Boost Your Bottom Line with NYSERDA & Con Ed Incentives!

Manage your energy consumption and reduce your operating costs with even greater incentives from NYSERDA and Con Edison. These greatly enhanced incentives will generate substantial ROIs for savvy NYC & Westchester buildings owners who take advantage of the program.

Con Edison electric customers are eligible for these new incentives on technologies like energy storage, LED lighting or other energy improvements that helps manage energy use and permanently reduce demand.

Hurry before these incentives expire or funds are exhausted!

Winter Energy Demand Set Records, But Con Edison Bills Dropped

Lower Commodity Costs, New Pipeline Saved Customers Money

Con Edison Media Relations
For Immediate Release: March 20, 2015

NEW YORK – As New Yorkers watch snow fall on the first day of spring, Con Edison said today winter bills were lower and demand for natural gas was higher than during last year’s winter heating season.

The average monthly gas-heating residential bill (based on average usage of 162 therms a month) was $216, or 23 percent lower than the $279 during the winter of 2013-14.

The average monthly electric bill from November through February for a New York City residence using 300 kilowatt hours was $95.42, compared with $102.95 during the same period last winter. That’s a decline of 7 percent.

The good news for customers was due to natural gas prices being lower this winter. Gas prices spiked last winter when the Polar Vortex put the freeze on the Northeast. The price of natural gas affects electric bills because gas is the fuel used in the generation of most electricity in New York.

Con Edison does not control the price of natural gas and does not make a profit on the commodity. The company seeks the best price and then provides the gas to customers at cost.

Construction of the Spectra Energy pipeline into Lower Manhattan has made Con Edison’s supply of natural gas more robust and saved an estimated $104.4 million in electric costs and $107.1 million in gas costs since the pipeline went into service in November 2013.

Con Edison also provided record amounts of natural gas to its customers this winter. The company sent out 1.68 million dekatherms, an all-time high for one day, on Jan. 13. The seven highest days in company history occurred this winter.

The company set a monthly record in January, providing 44.29 million dekatherms, beating a record set in February 2014. All that gas went to customers and toward the generation of electricity and steam.

The company’s natural gas conversion program is contributing to increased demand. Con Edison converted 824 large New York City buildings from No. 4 and No. 6 fuel oil to natural gas in 2014. The company also converted 618 large buildings in the city from No. 2 fuel oil to natural gas.

Con Edison encourages customers to save energy and has programs to help them do so. To find energy efficiency programs that are right for you, visit http://www.coned.com/energyefficiency/

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 $44 billion in assets. For more financial, operations and customer service information, visit www.conEd.com, or www.coned.com/waystosave, or Facebook at Con Edison.

via Con Edison: newsroom – Winter Energy Demand Set Records, But Con Edison Bills Dropped.