Consolidated Edison, Inc.

Consolidated Edison, Inc., commonly known as Con Edison, is a utility holding company that provides regulated electric, gas, and steam delivery services in the United States. Through its subsidiaries, it serves approximately 3.7 million electric customers in New York City and Westchester County, about 1.1 million gas customers in Manhattan, the Bronx, parts of Queens, and Westchester County, and around 1,490 steam customers in parts of Manhattan. Additionally, it supplies electricity to roughly 0.3 million customers in southeastern New York and northern New Jersey, and gas to about 0.1 million customers in southeastern New York. The company also operates 552 circuit miles of transmission lines, 16 transmission substations, 63 distribution substations, and extensive distribution infrastructure including overhead and underground lines, mains, and service lines.

Consolidated Edison, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol ED. The company's financials and stock price are denominated in US Dollars (USD), reflecting its operations based in the United States.

Consolidated Edison operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is involved in the generation, transmission, and distribution of electricity under government-regulated rates, ensuring stable and reliable service to its customers. As a regulated utility, its operations are subject to oversight by public utility commissions, which set the rates it can charge, providing a relatively predictable revenue stream.

Consolidated Edison is headquartered in New York, New York, and has been based there since its founding in 1823. The company primarily serves customers in the New York metropolitan area, including New York City and Westchester County for electric, gas, and steam services. It also provides electricity to parts of southeastern New York and northern New Jersey, and natural gas to southeastern New York. Its customer base includes industrial, commercial, residential, and government customers, making it a critical infrastructure provider for one of the most densely populated regions in the United States.

Consolidated Edison generates revenue primarily through the regulated delivery of electricity, natural gas, and steam to its customers. The company earns money by charging rates approved by regulatory authorities for the transmission and distribution of these utilities. Its electric operations serve about 3.7 million customers, gas operations serve around 1.1 million customers, and steam operations serve about 1,490 customers. Additionally, Con Edison invests in electric and gas transmission projects, which contribute to its earnings. The company's extensive infrastructure, including transmission lines, substations, and distribution networks, supports its ability to deliver these essential services reliably. As a regulated utility, its profits are tied to the allowed rate of return on its investments, providing a stable business model.