Con Edison, Inc. (CEI) is one of the nation’s largest investor-owned energy companies, with over $12 billion in annual revenues and $41 billion in assets. The principal business segments of Con Edison, Inc. are Consolidated Edison Company of New York, Inc. (CECONY) with regulated electric, gas, and steam utility activities; Orange & Rockland Utilities (O&R) with regulated electric and gas utility activities; and Con Edison’s competitive-energy businesses. Con Edison, Inc. is headquartered in New York City with virtually all its revenues generated in the United States. Con Edison, Inc. is traded on the New York Stock Exchange, ticker symbol ED.
Con Edison’s competitive-energy businesses participate in segments of the electricity industry that include electric generation from renewable sources, trading of electricity and fuel, sales of electricity to wholesale and retail customers, and sales of certain energy-related goods and services. For more information, please visit the CEI website, conEdison.com.
Consolidated Edison Company of New York is CEI’s largest subsidiary. It is a regulated utility providing electric service throughout New York City (except for a small area of Queens) and most of Westchester County. As of 2012, 74 percent of the company’s 3.3 million electric customers are served from an underground electric-distribution system. Con Edison of New York also provides natural gas service in Manhattan, the Bronx, and parts of Queens and Westchester.
Con Edison of New York operates one of the world’s largest steam distribution systems, providing service for Manhattan south of 96th Street. Steam is used year-round, for heat and hot water in the winter, and for air-conditioning in the summer.
Overall, Con Edison of New York serves a population of nearly 10 million and 50 million annual visitors to New York City, throughout a service territory covering 660 square miles. Selected information on the scale of Con Edison of New York operations is provided in the following table. For more information visit the Con Edison of New York website, conEd.com.
|Transmission & Distribution||Underground cable (in miles) Overhead lines (in miles) Transmission lines (in miles)||96,907 36,825 438|
|Deliveries||Peak demand in 2012 (in megawatts) Total delivered in 2012 (million kilowatt hours)||12,836 57,201|
|Customers||Approximate number of customer services||3,300,000|
|Revenue||Total revenue in 2012 (in millions)||$8,176|
|Distribution||Mains (in miles) Service Lines (in miles)||4,360 387,881|
|Deliveries||Winter peak day distribution (million dekatherms): Total system throughput (million dekatherms):||941 116,416|
|Customers||Approximate number of customer services||1,100,000|
|Revenue||Total revenue in 2012 (in millions)||$1,420|
|Supply & Distribution||Winter peak output (million pounds per hour) Net station capacity (million pounds per hour) Total steam supplied (million pounds) Miles of mains and services||8.1 10.0 19,741 105|
|Revenue||Total revenue in 2011 (in millions)||$596|
Orange and Rockland (O&R) is a wholly owned CEI-regulated subsidiary, headquartered in Pearl River, New York, that delivers both electricity and natural gas in southeastern New York and northeastern Pennsylvania, and electricity in northern New Jersey. Within its tri-state service territory, Orange and Rockland provides service to a population of roughly 740,000 in a service territory of approximately 1,350 square miles. Selected Orange and Rockland characteristics are presented in the table below. For more information, visit the Orange and Rockland website, oru.com.
|Transmission & Distribution||Underground distribution cable (in miles) Overhead distribution lines (in miles) Transmission lines (in miles)||1,794 3,781 555|
|Deliveries||Peak demand in 2012 (in megawatts) Total delivered in 2012 (in MkWh)||1,617 5,731|
|Customers||Approximate number of customer services||300,000|
|Revenue||Total revenue in 2012 (in millions)||$592|
|Distribution||Mains (in miles)||1,854|
|Deliveries||Winter peak day distribution 2012 (in MDTH) Total system throughput 2012 (in MDTH)||179 23,900|
|Revenue||Total revenue in 2012 (in millions)||$203|
Con Edison Solutions is a leading energy-services company that provides competitive power supply, renewable energy, sustainability services, cost-effective energy-efficiency solutions, and performance contracting services for commercial, industrial, residential, and government customers nationwide. The company is based in Valhalla, New York, with offices in Burlington, Massachusetts; Cherry Hill, New Jersey; Chicago, Illinois; Falls Church, Virginia; Houston, Texas; Tampa, Florida; and Overland Park, Kansas. The company offers innovative products, financial stability, and a commitment to customer service. The firm's dedicated team of energy professionals delivers a broad range of energy solutions. Con Edison Solutions offers programs and services designed to help customers achieve their individual energy objectives. It is accredited as an Energy Services Provider (ESP) by the National Association of Energy Service Companies (NAESCO).
Con Edison Solutions serves retail electric commodity customers in New York, New Jersey, Massachusetts, Connecticut, New Hampshire, Maryland, Delaware, Pennsylvania, Texas, Illinois, Maine, Rhode Island, and the District of Columbia, and retail gas commodity customers in New York. For more information, visit the Con Edison Solutions website, conedsolutions.com.
Con Edison Development (CED) is a CEI subsidiary functioning as an independent developer, builder, and operator of energy infrastructure projects with a primary, but not exclusive, focus on grid-connected utility-scale solar facilities located in North America. The company’s investments include: ownership interests in solar energy projects in California, New Jersey, Pennsylvania, and Massachusetts, with an aggregate capacity of 158 MW; a gas storage corporation, an investment in an affordable-housing partnership and leasehold interests in a gas-fired plant, and a gas-distribution network in the Netherlands. Currently, Con Edison Development has more than 200 MW of solar photovoltaic projects in various stages of development. For more information, visit the Con Edison Development website, coneddev.com.
Con Edison Energy (CEE) manages the output and fuel requirements for over 7,300 MW of third-party generating plants in the northeastern United States. The company also provides wholesale hedging and risk management services to CES and CED. In addition, the company sells electricity to utilities in the northeastern United States, primarily under indexed price contracts, which they use to supply their full-service customers. For more information, visit the CEE website, conedenergy.com.