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Consolidated Edison Inc: Overview

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Consolidated Edison Inc (Con Edison), is an energy holding company. Through its subsidiaries, the company provides a wide range of energy-related products and services. It supplies electricity, gas and steam. Con Edison also develops, owns and operates renewable and energy infrastructure projects; invests in electric and natural gas transmission projects; and also provides energy-related products and services to wholesale and retail customers. Through its subsidiary, the company also provides customized energy-management services to a wide range of customers. It serves customers in New York and New Jersey. The company also provides steam service in parts of Manhattan. Con Edison is headquartered in New York City, New York, the US.

Headquarters United States of America

Address Room 1618 S, 4 Irving Place, New York, 10003


Telephone 1 212 4604600

No of Employees 13,871

Industry Power

Ticker Symbol & Exchange ED (NYSE)

Revenue (2021) $13.7B 11.7% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 22.3% (2021 vs 2020)

Market Cap* $31.5B

Net Profit Margin (2021) XXX 9.5% (2021 vs 2020)

* As of and is in US$

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160+

Power Plants

Receive regular updates of upcoming projects for Consolidated Edison Inc to keep you on top of all opportunities, with detailed information on each power plant.

70+

Tenders & Contracts

Easily identify the involved stakeholders, monetary value, opening and closing dates of tenders, and awarded contracts for Consolidated Edison Inc.

50+

Transmission & Distribution

Access detailed information for each company project covering project owner location, voltage level, line length/substation capacity, type of circuit, expected year of commissioning, and more.

30+

Energy Storage Projects

Understand the energy storage landscape for Consolidated Edison Inc, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

19+

Smart Grid

Tracks all upcoming smart grid projects across the globe. It provides detailed information about advanced grid & IT infrastructure, microgrid, automation and other smart infrastructure projects.

11+

Midstream

Locate nearest infrastructure with midstream projects linked to related assets across the value chain including refineries, pipelines, LNG plants, and storage sites.

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Products and Services

Products Services
Gas Electricity and Natural Gas Distribution
Electricity Energy Services
Steam Maintenance Services
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Others In January, the company announced new electric and gas rates in 2023 to fund clean energy investments.
2021 Divestiture In June, Crestwood Equity Partners LP and Consolidated Edison, Inc. announced that their subsidiaries entered into a agreement to divest Stagecoach Gas Services LLC, to a subsidiary of Kinder Morgan, Inc. for $1.225 billion to improve its financial flexibility.
2020 Corporate Changes/Expansions In February, the company installed a large-scale battery to enhance reliability for Staten Island customers.
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Competitor Comparison

Key Parameters Consolidated Edison Inc Duke Energy Corp Southern Co PG&E Corp NextEra Energy Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City New York Charlotte Atlanta San Francisco Juno Beach
State/Province New York North Carolina Georgia California Florida
No. of Employees 13,871 27,605 27,300 26,000 15,000
Entity Type Public Public Public Public Public
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Key Financial Charts

Operating Margin
Operating Margin
EPS (Earnings per Share)
EPS (Earnings per Share)
Debt to Equity Ratio
Debt to Equity Ratio
Return on Assets
Return on Assets
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Executives
Name Position Board Since Age
Timothy P. Cawley Chief Executive Officer; Chairman; President Executive Board 2022 57
Robert N. Hoglund Senior Vice President; Chief Financial Officer Senior Management 2005 60
Mark Noyes President - Clean Energy Businesses Inc, Con Edison Solutions Inc, Consolidated Edison Development Inc and Consolidated Edison Energy Inc; Chief Executive Officer - Con Edison Clean Energy Businesses Inc, Con Edison Solutions Inc, Consolidated Edison Development, Inc. and Consolidated Edison Energy, Inc. Senior Management 2016 57
Joseph Miller Chief Financial Officer and Controller - O&R; Vice President and Controller - Con Edison and CECONY Senior Management 2021 59
Robert Sanchez President - O&R; Chief Executive Officer - O&R Senior Management 2017 56
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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