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Consolidated Edison information


Consolidated Edison, Inc.
Company typePublic
Traded as
  • NYSE: ED
  • DJUA component
  • S&P 500 component
IndustryEnergy
FoundedMarch 1823 – New York Gas Light Company
1871 – Harlem Gas Light Company
1884 – Consolidated Gas Company
Headquarters Consolidated Edison Building,
New York City
,
U.S.
Area served
New York metropolitan area
Key people
Tim Cawley (CEO)[1]
Services
  • Electricity
  • Gas
  • Steam
RevenueDecrease US$14.66 billion (2023)[2]
Operating income
Increase US$3.196 billion (2023)[2]
Net income
Increase US$2.516 billion (2023)[2]
Total assetsDecrease US$66.33 billion (2023)[2]
Total equityIncrease US$21.16 billion (2023)[2]
Number of employees
14,592 (2023)[2]
Websiteconed.com
Con Ed plant on the East River at 15th Street in Manhattan, New York City

Consolidated Edison, Inc., commonly known as Con Edison (stylized as conEdison) or ConEd, is one of the largest investor-owned energy companies in the United States, with approximately $12 billion in annual revenues as of 2017, and over $62 billion in assets.[3] The company provides a wide range of energy-related products and services to its customers through its subsidiaries:

  • Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric and gas service in New York City and Westchester County, New York, and steam service in the borough of Manhattan;
  • Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile (3,400 km2) area in southeastern New York and northern New Jersey; and,
  • Con Edison Transmission, Inc., which invests in electric and natural gas transmission projects.

In 2015, electric revenues accounted for 70.35% of consolidated sales (70.55% in 2014); gas revenues 13.61% (14.96% in 2014); steam revenues 5.01% (4.86% in 2014); and non-utility revenues of 11.02% (9.63% in 2014).[4]

  1. ^ "Con Edison Names Timothy Cawley Chief Executive Officer; Con Edison of New York Names Matthew Ketschke President". Cision Distribution (Press release). PR Newswire. Consolidated Edison. September 17, 2020.
  2. ^ a b c d e f "Consolidated Edison 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 15, 2024.
  3. ^ "Consolidated Edison Company Information". Retrieved August 14, 2021.
  4. ^ "Con Edison Reports 2014 Earnings" (Press release). conEdison. February 19, 2015. Archived from the original on September 29, 2018. Retrieved January 29, 2021.

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