Utilities: Niagara Mohawk Power Corp.; Consolidated Edison of New York Inc.

June 26, 2000
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Niagara Mohawk Power Corp.

Niagara Mohawk Power Corp. (Syracuse, NY) announced a natural gas rate and restructuring agreement that calls for customers to see the delivery portion of their bills, frozen at current levels through August 2003. The agreement also calls for it to implement educational programs designed to facilitate increased competitive activity in the natural gas marketplace.

Consolidated Edison of New York Inc.

Consolidated Edison of New York Inc.’s (New York, NY) Steam Business Unit (SBU) was awarded the System of the Year award for 2000 by the International District Energy Association (IDEA). The annual award is the top honor IDEA confers on a district energy system.

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