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Sandy 1-Year Update: #stormready -- Con Edison Investing $1 Billion to Help Protect New Yorkers From Major Storms


Sandy 1-Year Update: #stormready -- Con Edison Investing $1 Billion to Help Protect New Yorkers From Major Storms

NEW YORK, NY -- (Marketwired) -- 10/21/13 -- A year after Superstorm Sandy ravaged the New York area, Con Edison (NYSE: ED) has made numerous improvements to its energy-delivery systems as part of a $1 billion plan to fortify critical infrastructure and protect New Yorkers from major storms.

Overhead equipment is now tougher and more resilient. Substations have new walls and raised equipment. Gas and steam infrastructure also is protected with water-proofing measures.

"Con Edison's 14,000 workers have all played a role in developing a fortified energy system," said Con Edison President Craig Ivey. "Damaging weather is becoming more frequent. When a storm hits the region, we want to restore customers safely and quickly. We are responding to Sandy by building a tougher system."

Post-Hurricane Sandy Progress (Completed)


 
--  Built more than a mile of concrete flood walls around stations and
    critical equipment.
    
    
--  Added nearly 2,000 overhead isolation devices to reduce customer
    outages.
    
    
--  Installed 800 special float-check valves to protect gas services from
    floods.
    
    
--  Installed 38 smart switches to isolate damaged equipment and decrease
    outages.
    
    
--  Replaced 60 pieces of non-submersible equipment with submersible
    equipment in flood zones.
    
    
--  Installed more than 100 flood pumps.
    
    
--  Installed 3,000 expansive foam seals in conduits.
    
    
--  Installed more than 180 watertight flood doors and barriers.
    
    
--  Installed smart grid technology in Brighton Beach that will allow us
    to keep most customers in service during a flood.
    
    
--  Continued system-wide summer improvements to include installation of
    31 network transformers, six new feeders, 207 overhead transformers,
    and reinforcement of 46 feeders by upgrading 350 sections of cable.

Post-Hurricane Sandy Progress (Next Steps)


 
--  Burying 30 miles of overhead lines in 2015 and 2016 at a cost of $200
    million.
    
    
--  Installing 70 high-tension vault switches.
    
    
--  Installing stronger, tree-branch resistant aeria
l cable.
    
    
--  Installing utility poles that withstand wind gusts up to 110 mph.
    
    
--  Redesigning wires to detach more easily from customer homes, enhancing
    safety.
    
    
--  Redesigning lower Manhattan networks to de-energize customers in flood
    zones and keep customers on higher ground with power.
    
    
--  Replacing cast iron and steel gas pipes in flood-prone areas.

To learn more about Con Edison's Fortifying the Future and other strategies to prepare for major storms click here.

Like us on Facebook and follow us on Twitter @ConEdison. For more information on our post-Sandy storm improvements, follow #StormReady. Customers can also log on to www.coned.com or call 1-800-75-CONED (1-800-752-6633) to report power interruptions or service problems.

Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $42 billion in assets. The utility provides electric, gas and steam service to more than three million customers in New York City and Westchester County, New York. For additional financial, operations and customer service information, visit us on the Web at www.coned.com, at our green site, www.coned.com/thepowerofgreen, or find us on Facebook at Power of Green.

CONNECT WITH US: Facebook: https://www.facebook.com/ConEdison

Twitter: https://twitter.com/conedison YouTube: http://www.youtube.com/conedisonny Flickr: http://www.flickr.com/photos/conedison/sets/72157627767618832/

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CONTACT: Media Relations 212-460-4111

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