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CUOMO ASKS CON ED TO FREEZE BONUSES UNTIL PSC REVIEW COMPLETE


(The following press release from the New York State Governor's Office was received by e-mail and was reformatted. The sender verified the statement.)

For Immediate Release: April 30, 2013

STATEMENT FROM GOVERNOR ANDREW M. CUOMO

“In light of the ongoing Moreland Commission investigation into utility performance in the aftermath of Superstorm Sandy, I have asked Con Edison to freeze the remaining executive bonuses until the Public Service Commission review is complete. I also urge Con Ed to fully cooperate with the Public Service Commission’s review so we can ensure ratepayers are protected.”

Additional news available at www.governor.ny.gov New York State | Executive Chamber | press.office@exec.ny.gov | 518.474.8418

(kgt)NY

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