Consolidated Edison

Consolidated Edison Company of New York, Inc., known as Con Edison, is one of the nation's largest investor-owned energy-delivery companies and one of the oldest continuously operating utilities in the United States. The company provides electric, gas, and steam service to more than 3 million customers in New York City and Westchester County, New York, an area of 660 square miles with a population of nearly 9 million people. Con Edison is the result of acquisitions, dissolutions, and mergers of more than 170 individual electric, gas, and steam companies spanning two centuries of energy innovation.

The company's electric service reaches approximately 3.6 million customers across New York City and Westchester County, while its gas service extends to approximately 1.1 million customers through nearly 7,200 miles of pipes throughout their service territory. Perhaps most unique is Con Edison's steam service, which operates the largest commercial steam system in the world, providing service to nearly 1,600 commercial and residential establishments in Manhattan from Battery Park to 96th Street. This iconic infrastructure has been powering New York City's buildings, hospitals, and businesses for generations.

With approximately $15 billion in annual revenues and $72 billion in assets, Con Edison is committed to building the energy infrastructure of the future. The company is making substantial investments in clean energy, grid modernization, and reliability improvements to support New York's transition to renewable energy while maintaining world-class service. In 2024, the company's utilities invested $4,699 million to upgrade and reinforce their energy delivery systems. Con Edison customers are increasingly adopting solar generation and battery storage, with 54,000 solar customers reducing at least one electric bill to zero usage in 2024, and total battery storage capacity reaching nearly 91 megawatts by year's end.

Con Edison is also a pioneer in customer affordability programs, with its Energy Affordability Program providing $311 million in discounts in 2024 to help income-eligible customers reduce their electric and gas bills. The company employs over 15,000 dedicated professionals committed to safety, operational excellence, and customer service. As New York City continues to electrify transportation and buildings, Con Edison is building new infrastructure to ensure the grid is ready to meet growing demand while supporting the city's ambitious climate goals.

Listed on the New York Stock Exchange since 1824, Con Edison holds the record as the longest continuously listed stock on the NYSE, reflecting two centuries of resilience, innovation, and commitment to powering one of the world's greatest cities.