Consolidated Edison (NYSE: ED) — Company Overview, News & Financial Data
Consolidated Edison provides electricity, gas, and steam in New York City, focusing on sustainable energy projects.
Consolidated Edison
Consolidated Edison is a major American investor-owned energy holding company headquartered in New York City. Through its principal subsidiaries, Consolidated Edison Company of New York and Orange and Rockland Utilities, the company provides electric, natural gas, and steam utility services to residential, commercial, and industrial customers across New York City, Westchester County, southeastern New York, and northern New Jersey. Additionally, the company operates Con Edison Transmission, which invests in electric transmission assets and energy infrastructure. The company delivers power and heating services across a densely populated service territory while executing grid modernization and clean energy transition initiatives.
Snapshot
Operations
Products and/or services of Consolidated Edison
- Electric Distribution: Delivering electricity to over 3.5 million customers across New York City and Westchester County. The distribution infrastructure comprises thousands of miles of underground and overhead transmission lines, substations, and automated metering infrastructure supporting residential and commercial loads.
- Gas Distribution: Supplying natural gas to approximately 1.1 million customers in Manhattan, the Bronx, Queens, and Westchester County. Operations include high-pressure transmission mains, local distribution networks, leak detection programs, and gas infrastructure modernization initiatives.
- Suburban Utility Distribution: Operating regulated electric and gas distribution networks serving over 300,000 electric customers and 140,000 gas customers in southeastern New York and northern New Jersey through dedicated regional delivery infrastructure.
- District Steam System: Operating the largest district steam system in North America, providing high-pressure steam for space heating, domestic hot water, and thermal cooling to over 1,500 major commercial and institutional buildings across Manhattan.
- Electric Transmission Infrastructure: Investing in regional high-voltage electric transmission lines and interconnection infrastructure designed to deliver renewable energy, offshore wind generation, and power transfers into the New York regional power grid.
- Grid Modernization Infrastructure: Deploying utility-scale battery energy storage systems, smart grid technologies, substation upgrades, and electric vehicle charging infrastructure across urban and suburban service territories to strengthen network reliability and integrate clean power.
Consolidated Edison executive team
- Mr. Timothy P. CawleyChairman, President & CEO
- Mr. Kirkland B. AndrewsSenior VP & CFO
- Ms. Deneen Lynette Donnley J.D.Senior VP & General Counsel
- Mr. Robert SanchezPresident of Shared Services of Con Edison of New York
- Mr. Matthew KetschkePresident of Consolidated Edison Company of New York, Inc.
- Mr. Joseph MillerVP, Controller & Chief Accounting Officer
- Mr. Kamran ZiaeeSVP & Chief Information Officer
- Ms. Yukari SaegusaVP, Treasurer & Investor Relations
- Ms. Sylvia V. DooleyVP & Corporate Secretary
- Stuart NachmiasPresident & CEO of Con Edison Transmission, Inc.