As of November 1st 2003 ConEdison Solutions began to provide electric power to both business and commercial consumers in the upstate New York region. ConEdison Solutions is one of the leading suppliers of energy in the country and their goal was to utilize the deregulated supplies of energy which ConEdison Solutions is able to make available, thus lowering the volatility of company’s energy budgets, even hopefully reducing energy costs overall.
JoAnn F. Ryan, who was president of ConEdison solutions at the time, as well as CEO, stated the objectives thusly: “By exercising greater control over their energy budgets, businesses become more successful and more profitable. It is our goal to provide the upstate New York economy with an additional competitive energy choice.”