Consolidated Edison
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. 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.
| Company type | Public |
|---|---|
Traded as | |
| Industry | Energy |
| Founded | March 1823 – New York Gas Light Company 1871 – Harlem Gas Light Company 1884 – Consolidated Gas Company |
| Headquarters | 4 Irving Place, Manhattan, New York City, NY U.S. |
Area served | New York metropolitan area |
Key people | Tim Cawley (CEO) |
| Services |
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| Revenue | US$13.676 billion (Fiscal Year Ended December 31, 2021) |
| US$2.826 billion (Fiscal Year Ended December 31, 2021) | |
Net income | US$1.383 billion (Fiscal Year Ended December 31, 2021) |
| Total assets | US$63.116 billion (Fiscal Year Ended December 31, 2021) |
| Total equity | US$20.336 billion (Fiscal Year Ended December 31, 2021) |
Number of employees | 14,071 (2020) |
| Website | coned |
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).
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