Businessweek

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: CECONY provides electric service to approximately 3.3 million customers in all of New York City (except part of Queens) and most of Westchester County, an approximately 660 square mile service area. Gas: 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 4,359 miles of mains and 387,881 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 The plant can store approximately 1,000 mdths (thousand dekatherms) of which a maximum of about 250 mdths can be withdrawn per day.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 Con Edison Development. Steam: CECONY operates a steam distribution system in the United States by producing and delivering approximately 22,000 MMlbs (million pounds) of steam annually to approximately 1,735 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. Distribution Facilities: CECONY owns 62 area distribution substations and various distribution facilities located throughout New York City and Westchester County. As of December 31, 2011, the company’s distribution system had a transformer capacity of 28,841 MVA (megavolt ampere), with 36,818 miles of overhead distribution lines and 96,661 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, 2011, CECONY owned or jointly owned 438 miles of overhead circuits operating at 138, 230, 345 and 500 kV and 742 miles of underground circuits operating at 69, 138 and 345 kV (Kilovolts). The company’s 39 transmission substations and 62 area stations are supplied by circuits operated at 69 kV and above. In 2011, the company completed and placed in service a 9 1/2 mile transmission line connecting its Sprainbrook substation in Westchester County with the new Academy substation in upper Manhattan. CECONY’s transmission facilities interconnect with those of National Grid, Central Hudson Gas & Electric Corporation, O&R, New York State Electric & Gas, Connecticut Light & Power Company, Long Island Power Authority, New York 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 709 MW (Megawatt or thousand kilowatts). O&R Electric: O&R and its utility subsidiaries, Rockland Electric Company (RECO) and Pike County Light & Power Company (Pike) (together referred to herein as O&R) provide electric service to approximately 0.3 million customers in southeastern New York and in adjacent areas of northern New Jersey and northeastern Pennsylvania, an approximately 1,350 square mile service area. O&R, RECO and Pike, own, in whole or in part, transmission and distribution facilities which include 558 circuit miles of transmission lines, 14 transmission substations, 62 distribution substations, 85,017 in-service line transformers, 3,779 pole miles of overhead distribution line