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ED - Consolidated Edison Inc.


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Consolidated Edison, Inc., headquartered in New York City, operates as a leading provider in the regulated electric, gas, and steam delivery sectors across the United States. Established in 1823, the company serves a broad customer base with electric services reaching approximately 3.5 million customers in New York City and Westchester County. It also provides gas to about 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County, along with steam services to approximately 1,555 customers in select areas of Manhattan.

In addition to its core utility services, Consolidated Edison extends its reach by supplying electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey, and gas to roughly 0.1 million customers in southeastern New York. The company manages a substantial infrastructure network encompassing 533 circuit miles of transmission lines, 15 transmission substations, 64 distribution substations, and 87,564 in-service line transformers. It also oversees a distribution system comprising 3,924 pole miles of overhead lines and 2,291 miles of underground lines, as well as maintains 4,350 miles of mains and 377,971 service lines for natural gas distribution.

Consolidated Edison is actively involved in renewable energy and infrastructure development projects, aligning with its commitment to sustainability and innovation. Beyond its utility operations, the company offers energy-related products and services to both wholesale and retail customers, and invests in electric and gas transmission projects to enhance reliability and efficiency. With a rich history spanning nearly two centuries, Consolidated Edison continues to play a pivotal role in meeting diverse energy needs while advancing technological solutions for a sustainable future.

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Stock Sector: Utilities: Electric Utilities

 

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