Last $65.69 USD
Change Today +0.13 / 0.20%
Volume 3.5M
ED On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

4 Irving Place

New York, NY 10003

United States

Phone: 212-460-4600

Fax:

Consolidated Edison, Inc., through its subsidiaries, provides energy services to residential, commercial, industrial, and government customers in the United States. The company’s subsidiaries include Consolidated Edison Company of New York, Inc. (CECONY) and Orange and Rockland Utilities, Inc. (O&R). It also owns the competitive energy businesses. CECONY CECONY delivers electricity, natural gas, and steam to customers in New York City and Westchester County. Electric Operations CECONY provides electric service to approximately 3.4 million customers in all of New York City (except part of Queens) and majority of Westchester County, an approximately 660 square mile service area. Distribution Facilities: CECONY owns 62 area distribution substations and various distribution facilities located throughout New York City and Westchester County. As of December 31, 2013, the company’s distribution system had a transformer capacity of 29,125 megavolt ampere, with 36,782 miles of overhead distribution lines and 97,120 miles of underground distribution lines. Transmission Facilities: The company’s transmission facilities are located in New York City and Westchester, Orange, Rockland, Putnam and Dutchess counties in New York State. As of December 31, 2013, CECONY owned or jointly owned 438 miles of overhead circuits operating at 138, 230, 345 and 500 kV and 749 miles of underground circuits operating at 69, 138 and 345 kV. The company’s 39 transmission substations and 62 area stations are supplied by circuits operated at 69 kV and above. In 2013, the NYSPSC approved transmission projects to address, among other things, reliability concerns associated with the potential closure of the Indian Point Energy Center (which is owned by Entergy Corporation subsidiaries). CECONY’s transmission facilities interconnect with those of National Grid, Central Hudson Gas & Electric Corporation, O&R, New York State Electric & Gas (NYSEG), Connecticut Light & Power Company, Long Island Power Authority, NYPA and Public Service Electric and Gas Company. Generating Facilities: CECONY’s electric generating facilities consist of plants located in Manhattan with an aggregate capacity of 702 MW. The company expects to have sufficient amounts of gas and fuel oil available in 2014 for use in these facilities. Electric Sales and Deliveries CECONY delivers electricity to its full-service customers who purchase electricity from the company. The company also delivers electricity to its customers who purchase electricity from other suppliers through the company’s retail access plan. In addition, the company delivers electricity to state and municipal customers of NYPA and economic development customers of municipal electric agencies. Gas Operations CECONY delivers gas to approximately 1.1 million customers in Manhattan, the Bronx and parts of Queens and Westchester County. Natural gas is delivered by pipeline to CECONY at various points in its service territory and is distributed to customers by the company through an estimated 4,307 miles of mains and 367,555 service lines. The company owns a natural gas liquefaction facility and storage tank at its Astoria property in Queens, New York. The plant can store approximately 1,000 thousand dekatherms (mdths) of which a maximum of approximately 250 mdths can be withdrawn per day. The company has approximately 1,226 mdths of additional natural gas storage capacity at a field in upstate New York, owned and operated by Honeoye Storage Corporation, a corporation 28.8 percent owned by CECONY and 71.2 percent owned by Consolidated Edison Development, Inc. Steam Operations CECONY operates a steam distribution system in the United States by producing and delivering approximately 22,000 million pounds of steam annually to approximately 1,7037 customers in parts of Manhattan. CECONY generates steam at 1 steam-electric generating station and 5 steam-only generating stations and distributes steam to its customers through approximately 105 miles of transmission, distribution, and service piping. O&R O&R delivers electricity and natural gas to customers primarily located in southeastern New

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ED:US $65.69 USD +0.13

ED Competitors

Market data is delayed at least 15 minutes.

Company Last Change
DTE Energy Co $85.75 USD +0.27
Edison International $64.80 USD +0.02
Entergy Corp $89.03 USD +0.33
Public Service Enterprise Group Inc $42.07 USD -0.20
Xcel Energy Inc $35.40 USD +0.05
View Industry Companies
 

Industry Analysis

ED

Industry Average

Valuation ED Industry Range
Price/Earnings 15.5x
Price/Sales 1.5x
Price/Book 1.5x
Price/Cash Flow 8.4x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CONSOLIDATED EDISON INC, please visit www.conedison.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.