ConEd Solutions contracted by NYPA

NYPA, which provides low-cost electricity to New York customers that include government agencies, community-owned electric systems, private utilities for resale, and job-producing companies, launched a competitive selection process in December to identify energy service providers to undertake major energy efficiency initiatives. The Power Authority is a national leader in promoting energy efficiency, new energy technologies and electric transportation initiatives, and has invested over $1 billion in such projects at almost 2,700 public facilities since the late 1980s.

"We are proud to win designation as an approved provider of energy services here in our home state of New York," said Jorge J. Lopez, President and CEO of ConEdison Solutions. "We look forward to working in cooperation with the New York Power Authority to help maximize energy efficiency for a wide range of institutions and facilities in the Empire State."

Under the contract, ConEdison Solutions will provide energy efficiency upgrades, including the implementation of lighting, motors and controls projects in selected facilities in southeast New York, which includes the five boroughs of New York City and Westchester County. Services will include conducting feasibility studies, evaluating existing and proposed systems, developing designs, purchasing equipment, installation, supervision of installation and commissioning of equipment.

The announcement follows a period of rapid growth for ConEdison Solutions. The firm acquired BGA, Inc., a Tampa, Florida-based energy services and engineering firm, in May 2007. In September 2007, ConEdison Solutions was selected by the country's largest owner of retail real estate, Simon Property Group, to expand its energy efficiency program at properties across the nation. On May 1, 2008, ConEdison Solutions announced the acquisition of Custom Energy Services, LLC, an energy services provider based in Overland Park, Kansas. In addition to energy efficiency services, ConEdison Solutions also provides retail electricity supply in 11 states and the District of Columbia.