Abstract
Consolidated Edison serves 3 million electrical prospects, 1.1 million fuel prospects, and 1,800 steam prospects all through the New York area. ED offers a variety of energy-related services and products by way of the next subsidiaries: Consolidated Edison Co. of New York (CECONY), a regulated utility offering electrical energy, fuel and steam in New York Metropolis and Westchester County; Orange and Rockland Utilities, a utility serving prospects in southeastern New York State, northern New Jersey, and northeastern Pennsylvania; Con Edison Options, a retail vitality provide and companies firm; Con Edison Power, a wholesale vitality provide firm; Con Edison Growth, which owns and operates producing vegetation and participates in different infrastructure tasks; and Con Ed Transmission, a FERC-regulated electrical and pure fuel utility. The corporate employs roughly 15,000 folks.
With the sale of Con Edison Clear Power Companies, Con Ed has change into a pure-play regulated utility with about 94% of property at CECONY, which additionally accounts for about 93% of complete revenues. The corporate has little producing energy aside from steam manufacturing, and