Consolidated Edison Inc - Company Profile
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Business Description
Consolidated Edison Inc (Con Edison), is an energy holding company. Through its subsidiaries, the company supplies electricity, gas and steam. It also develops, owns and operates energy and renewable infrastructure projects; invests in electric and natural gas transmission projects; and provides energy-related products and services to wholesale and retail customers.
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Business Segments
Overview
Generates electricity, and delivers power, natural gas and steam to customers. -Produces steam from its plants in Manhattan and purchases electricity through power contracts or through the wholesale market. -Has transmission facilities in New York City and Westchester, Orange, Rockland, Putnam and Dutchess counties in New York State. -Has interconnections with Central Hudson Gas & Electric Corporation, O&R, National Grid, Connecticut Light & Power Company, New York State Electric & Gas, Long Island Power Authority, NYPA and Public Service Electric and Gas Company. It reported capital expenditure of US$3,758.0 million in FY2022, which grew 9.9% YoY. It plans to invest US$4,399 million, US$ 4,541 million and US$4,602 million in FY2023, FY2024 and FY2025, respectively.
Performance
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Overview
Develops, owns and operates renewable and energy infrastructure projects. Also provides energy related products and services to wholesale and retail customers. Operating companies: Con Edison Clean Energy Businesses Inc, Consolidated Edison Development Inc, Consolidated Edison Energy Inc and Consolidated Edison Solutions Inc. It reported capital expenditure of US$399 million in FY2022, which grew 33.9% YoY. It plans to invest US$76 million in FY2023.
Performance
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Overview
Delivers electricity and natural gas. Operating companies: Orange & Rockland Utilities Inc and Rockland Electric Company. It reported capital expenditure of US$243 million in FY2022, which grew 12% YoY. It plans to invest US$276 million, US$299 million and US$355 million, respectively in FY2023, FY2024 and FY2025, respectively.
Performance
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Overview
Invests in electric and gas transmission projects. Operating companies: Con Edison Transmission Inc, Consolidated Edison Transmission LLC and Con Edison Gas Pipeline and Storage LLC. It reported capital expenditure of US$65 million in FY2022, which grew 109.7% YoY. It plans to invest US$58 million, US$6 million and US$6 million, in FY2023, FY2024 and FY2025 respectively.
Performance
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Product Categories
Performance
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Performance
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Performance
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Performance
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