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Con Ed plant on the East River at 15th Street in Manhattan, New York City. Consolidated Edison, Inc., commonly known as Con Edison (stylized as conEdison) or ConEd, is one of the largest investor-owned energy companies in the United States, with approximately $12 billion in annual revenues as of 2017, and over $62 billion in assets. [3]
The heat is on! Gov. Kathy Hochul's regulators have launched a sweeping audit of executive compensation of New York's utility companies after Con Edison proposes to zap customers with double digit ...
Con Edison is asking the state Public Service Commission for the increases for its 3.6 million customers that would jack up electric bills by 11.4% and send gas bills soaring 13.3% next year ...
ConEd, the main utility provider in New York City and the Hudson Valley, is planning to implement 11.5% increases in electric rates and 13% increases in gas rates – amounting to about $500 per ...
In August 1950, New York City Mayor William O'Dwyer wrote to President Harry S. Truman asking if Con Edison's share of natural gas that would be carried in the Transcontinental Gas Pipeline (Transco) could be increased so that the Waterside plant could be converted from coal to natural gas to use a smokeless fuel, but the President turned down ...
This outage was originally estimated by Con Edison to have affected only 1,600 customers. [8] Con Edison defines a customer as a single edifice such that an entire residential building (which could conceivably be home to hundreds of individuals) is counted as one customer. Con Edison later revised its estimates tenfold. [8]
Last week, Con Ed announced it was asking state regulators to hike its electric bills by an average of 11.4% and gas bills by 13.3% starting on Jan. 1, 2026, citing the need to raise revenue to ...
The New York Steam Company began providing service in lower Manhattan on March 3, 1882. [2] The company merged with Consolidated Edison on March 8, 1954. [2] [3] Today, Con Edison operates the largest commercial steam system in the world (larger than the next nine combined). [4]