Consolidated Edison
Consolidated Edison, Inc. (NYSE: ED), colloquially referred to as Con Edison or Con Ed, is one of the largest investor-owned energy companies in the United States, with approximately $13 billion in annual revenues and $40 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., a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York;
- Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,350-square-mile (3,500 km2) area in southeastern New York and adjacent sections of northern New Jersey and northeastern Pennsylvania;
- Con Edison Solutions, a retail energy supply and services company;
- Con Edison Energy, a wholesale energy supply company; and
- Con Edison Development, a company that owns and operates generating plants and participates in other infrastructure projects.
In 2005, electric revenues accounted for 64.9% of consolidated sales (68.2% in 2004); gas revenues 15.9% (15.4%); non-utility revenues 13.6% (10.8%); and steam revenues 5.5% (5.6%).
Read more about Consolidated Edison: History, Systems, Headquarters, Major Accidents, Corporate Leadership, Miscellany, Criticism
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