conEdison Phone Number: Investors control Consolidated Edison is a well-known energy company in the US that goes by the names Con Edison (stylized as conEdison) and ConEd. As of 2017, it has assets over $62 billion and an approximate yearly revenue of $12 billion. Through its subsidiaries, the business offers a broad range of energy-related goods and services to its clients:
- Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility that serves the borough of Manhattan with steam service as well as gas and electric service in Westchester County, New York;
- Orange and Rockland Utilities, Inc., a regulated utility company based in northern New Jersey and serves a 1,300-square-mile (3,400-kilometer) area in southeast New York; and,
- Con Edison Transmission, Inc. is a company that finances transmission projects for natural gas and electricity.
The revenue from electricity accounted for 70.35% of the total sales in 2015. The revenue from gas (13.61% of the total sales in 2014). Steam (5.01% of the total sales in 2014), and non-utility (11.02% of the total sales in 2014) came next.
| Name | Consolidated Edison |
| Founded | March 1823 |
| Phone Number | +1 800-752-6633 |
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| Official website | Click here to visit |
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History
Con Edison, also known as Consolidated Edison, Inc., is a publicly traded energy firm. Its main office is in New York City. In Westchester County and New York City, the firm serves over 10 million people with gas, steam, and electricity services.
Originally established as the New York Gas Light Company in 1823, it was the country’s first gas utility company. Consolidated Edison Company of New York. After expanding to provide more steam and electric services after its founding in 1936, the business changed its name.
Con Edison was the first utility company to generate power using nuclear energy in the 1950s and 60s. Up until 2021, it ran two nuclear power plants: the James A. FitzPatrick Nuclear Power Plant in upstate New York and the Indian Point Energy Centre in Buchanan.
Con Edison is particularly well-known for its role in the historic 1977 New York City blackout. Which resulted in a two-day-long, widespread power loss. To avoid blackouts in the future, the corporation made significant investments in new infrastructure and technologies.
- Con Edison is currently among the biggest energy businesses in the US that are owned by investors.
- The corporation declared in 2021 that by 2040, it will completely switch to carbon-free electricity.
- With more than 15,000 workers and a market valuation of more than $31 billion, Con Edison is a large employer.
- The New York Stock Exchange lists the corporation with the ticker symbol ED.
With a rich and lengthy history, Con Edison is still a major force in the energy industry. Serving millions of people in New York City and beyond with dependable and sustainable energy.
Mission Statement
Consolidated Edison, Inc. (ED) is dedicated to offering its clients in New York and beyond safe, dependable, and sustainable energy services. Our goal is to provide cutting-edge solutions that enable people and communities to meet their energy demands while having a smaller negative impact on the environment.
- In all we do, we put the safety of our communities, clients, and workers first.
- Our goal is to establish long-lasting connections with our clients by adding value by providing them with high-caliber goods and services that satisfy their requirements.
- We welcome innovation as a way to advance society and enhance performance, always looking for fresh ways to offer energy solutions that are good for the environment and our clients.
- We acknowledge that the way we do business has an effect on the environment, and we are dedicated to lessening that impact by investing in clean energy technologies and sustainable practices.
- In all of our commercial dealings, we conduct ourselves with the utmost honesty and ethical standards.
Our goal at Consolidated Edison, Inc. is to lead the energy sector, be a conscientious corporate citizen, and provide value to our clients while encouraging innovation and sustainable growth.
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How Consolidated Edison Works
Westchester County and New York City residents can obtain energy-related goods and services from Consolidated Edison, Inc. (ED), a holding corporation for public utilities. The business is divided into three primary segments:
- Electricity
- Gas
- Steam
In Westchester County and New York City, Consolidated Edison produces, transmits, and distributes electricity to more than 3 million consumers. In certain areas, the firm also serves about a million consumers with gas service. Furthermore, Consolidated Edison runs the biggest steam system in the world, serving over 1,700 Manhattan consumers with steam for power generation, heating, and cooling.
Additionally, the corporation is working on sustainable energy projects, concentrating on wind and solar energy. Consolidated Edison has a wind farm in upstate New York in addition to many solar generating facilities.
One aspect of Consolidated Edison’s operations is the upkeep of its extensive infrastructure, which consists of distribution networks, transmission lines, and power plants. To enhance its technologies and procedures and to solve safety and environmental issues, the company also makes research and development investments.
Consolidated Edison offers various energy-related services in addition to its primary business activities. These services include energy efficiency solutions for residential and commercial clients as well as energy consultancy services to assist clients in lowering their energy expenditures and usage. The business also provides appliance installation and maintenance services, in addition to financing for energy-saving initiatives.
Consolidated Edison is dedicated to providing its consumers with electricity that is secure, dependable, and reasonably priced while simultaneously lessening its environmental effect and encouraging sustainable activities. To accomplish these objectives, the corporation collaborates closely with stakeholders, regulators, and community partners.
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