CONSOLIDATED EDISON INC

Consolidated Edison, Inc. (Con Edison) is a holding company incorporated in New York State. Its primary business operations include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), and Con Edison Transmission, Inc. CECONY provides electric, gas, and steam services to customers in New York City, Westchester County, and parts of Manhattan. O&R provides electric and gas services to customers in southeastern New York and northern New Jersey. Con Edison Transmission invests in electric transmission projects and manages both electric and gas assets. Con Edison's mission is to provide energy services to customers safely, reliably, efficiently, and in keeping with its vision for a clean energy future. The company's business strategy includes providing shareholder value through continued dividend growth, supported by earnings growth in regulated utilities and contracted electric transmission assets. CECONY's electric service covers approximately 3.7 million customers, gas delivery to approximately 1.1 million customers, and steam production and delivery to approximately 1,530 customers. O&R provides electric service to approximately 0.3 million customers in electric service and over 0.2 million customers in gas service. Con Edison Transmission owns a 45.7% interest in New York Transco LLC, which develops and owns new electric transmission projects for the New York bulk electric system. The company also owns a 71.2% interest in Honeoye Storage Corporation, a gas storage facility, and a 7.9% interest in Mountain Valley Pipeline LLC, a joint venture developing a proposed gas transmission project. The Utilities are subject to regulation by the New York State Public Service Commission (NYSPSC), which sets the terms of service and rates for the Utilities. The NYSPSC also approves the issuance of the Utilities' securities and transactions between the Utilities and Con Edison and its other subsidiaries. The Utilities are also subject to regulation by the New Jersey Board of Public Utilities for O&R's New Jersey subsidiary. Con Edison's website is www.conedison.com, and its ticker symbol is ED.