Geographic Focus

Market Tiers

Primary Markets

• Con Edison Zone J — All five NYC boroughs (Manhattan, Brooklyn, Queens, Bronx, Staten Island)
• Con Edison Zone K — Long Island

Secondary Markets

• Westchester County — Con Edison territory north of NYC
• Suffolk County — Where allowable under current regulations

Tertiary Market

• Nassau County — When regulatory environment opens up

Strategic Rationale

The focus on Zone J and Zone K reflects:

• Highest grid congestion and therefore highest value for storage
• Most complex regulatory environment creating barriers to entry
• Deepest team expertise in navigating NYC-specific requirements
• Strongest relationships with Con Edison and FDNY