Summary
Consolidated Edison offers 3 million electrical clients, 1.1 million gas clients, and 1,800 vapor clients throughout the New York area. ED offers a wide variety of energy-related services and products with the adhering to subsidiaries:Consolidated Edison Co of New York (CECONY), a controlled energy giving electrical energy, gas and vapor in New York City and Westchester County; Orange and Rockland Utilities, an energy offering clients in southeastern New York State, north New Jersey, and northeastern Pennsylvania; Con Edison Solutions, a retail power supply and solutions firm; Con Edison Energy, a wholesale power supply firm; Con Edison Development, which possesses and runs producing plants and joins various other facilities tasks; and Con Ed Transmission, a FERC-regulated electrical and gas energy. The firm utilizes about 15,000 individuals.
With the sale of Con Edison Clean Energy Businesses, Con Ed has actually come to be a pure-play controlled energy with regarding 94% of possessions at CECONY, which likewise makes up about 93% of complete incomes. The firm has little producing power besides vapor manufacturing, and