Hurricane Sandy Update: Con Edison's Restorations On Track for

Hurricane Sandy Update: Con Edison's Restorations On Track for Storm
Customers 
NEW YORK, NY -- (Marketwire) -- 11/11/12 --  Con Edison (NYSE: ED)
crews and thousands of utility workers from around the country
continue to restore power to more than 1 million customers affected
by Hurricane Sandy and Wednesday's Nor'easter. 
At 12:30 p.m., approximately 3,900 customers in New York City and
Westchester County remain without electrical service from Hurricane
Sandy alone.  
Con Edison's goal is on track to restore power by the end of the
weekend to virtually all customers who were affected by Hurricane
Sandy and whose equipment can accept service.  
Con Edison reported approximately 2,500 customers without electricity
in New York City and 1,400 in Westchester County, related to the
storm.  
In shoreline communities of Brooklyn, Queens and Staten Island, the
company originally identified about 30,000 customers that needed
electrical equipment repaired and certified as safe. Approximately
8,000 of those customers have had their electricity restored. 
Those customers cannot get electrical service until their own
internal equipment is repaired, tested and certified by an
electrician as ready for service.  
The company is working with the New York City Buildings Department to
expedite the restoration of these customers. For information, click
here: http://www.coned.com/es/Energy-Services-Flyer.pdf. 
Con Edison of New York estimates its response and restoration costs
for Hurricane Sandy and the Nor'easter are $350 million to $450
million. Orange and Rockland Utilities, a subsidiary of Con Edison,
estimates its costs are $75 million to $100 million for both storms.
The primary basis for these preliminary estimates is the utilities'
experience with Hurricane Irene. These estimates do not include the
costs that will continue to be incurred to inspect and assess the
condition of our energy systems, and to repair them to their normal
operating condition. Nor do the estimates include costs that may
result from changes in operating criteria or design standards. 
Sandy caused five times as many outages as the next largest storm in
Con Edison history, Hurricane Irene, which hit in August 2011. The
company has gone through a year's worth of some materials since
Hurricane Sa
ndy struck. Con Edison and thousands of mutual aid and
contractor personnel replaced 60 miles of electric cable and
responded to tens of thousands of locations.  
Customers can use their mobile devices, as well as computers, to
report power interruptions or service problems at www.conEd.com. They
also may call 1-800-75-CONED (1-800-752-6633).  
The company is working closely with the New York City Office of
Emergency Management, the Westchester Office of Emergency Services
and other emergency officials to monitor and respond to the effects
of Hurricane Sandy and the Nor'easter.  
This press release contains cost estimates, which are forward-looking
statements that reflect expectations and not facts. Actual results
may differ materially from those expectations because of factors such
as those identified in reports the company has filed with the
Securities and Exchange Commission. 
Contact:
Media Relations
(212) 460-4111 
 
 
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