Consolidated Edison, Inc. ED
Consolidated Edison, Inc. (Con Edison) is a major energy infrastructure holding company that primarily operates through its regulated utility subsidiaries. The company's core business involves the transmission, distribution, and sale of electricity, natural gas, and steam to residential, commercial, and industrial customers in New York City and Westchester County, New York, through its principal subsidiary Consolidated Edison Company of New York, Inc. (CECONY). It also serves customers in southeastern New York and northern New Jersey through its Orange and Rockland Utilities, Inc. (O&R) subsidiary. Additionally, Con Edison operates transmission infrastructure for electricity and natural gas through its Con Edison Transmission segment, which includes interstate natural gas pipelines and electric transmission facilities. The company operates under a regulated utility business model where rates and services are overseen by state and federal regulatory agencies, including the New York State Public Service Commission and the Federal Energy Regulatory Commission. Con Edison focuses on providing reliable energy services while investing in infrastructure modernization, clean energy initiatives, and environmental sustainability to meet evolving customer needs and regulatory requirements.
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