Consolidated Edison Co of New York Inc - Company Profile
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Consolidated Edison Co of New York Inc (CECONY), a subsidiary of Consolidated Edison Inc, is an energy utility company. A broad customer base, revenue growth, and a wide transmission and distribution network are its strengths, even as increase in current liabilities remain a cause for concern to the company. Global demand for natural gas, electricity demand in the US, and climate resilience investment strategy could provide growth opportunities for the company. However, Increasing manpower costs in the US; fluctuations in oil and gas prices; and seasonal variations and climatic conditions could affect its operations.
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