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Consolidated Edison
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{{Short description|American energy company}} {{Redirect-distinguish|ConEd|Continental Edison|Commonwealth Edison}} {{Use mdy dates|date=March 2017}} {{Infobox company | name = Consolidated Edison, Inc. | logo = ConEd logo.svg | type = [[Public company|Public]] | traded_as = {{ubl|{{NYSE|ED}}|[[DJUA]] component|[[S&P 500]] component}} | founded = {{Start date and age|1823|03|26}} – as New York Gas Light Company<br>1871 – Harlem Gas Light Company<br>1884 – Consolidated Gas Company | founder = | hq_location = {{nowrap| [[Consolidated Edison Building]]}} | hq_location_city = New York City | hq_location_country = U.S. | origins = | area_served = [[New York metropolitan area]] | key_people = Tim Cawley (CEO)<ref>{{cite press release |url=https://www.prnewswire.com/news-releases/con-edison-names-timothy-cawley-chief-executive-officer-con-edison-of-new-york-names-matthew-ketschke-president-301133622.html |title=Con Edison Names Timothy Cawley Chief Executive Officer; Con Edison of New York Names Matthew Ketschke President |agency=Consolidated Edison |work=Cision Distribution |publisher=PR Newswire |date=September 17, 2020}}</ref> | industry = [[Energy]] | products = | services = {{hlist |Electricity |Gas |Steam}} | revenue = {{increase}} {{US$|15.26 billion|link=yes}} (2024)<ref name=10K /> | operating_income = {{decrease}} US$2.67 billion (2024)<ref name=10K /> | net_income = {{decrease}} US$1.82 billion (2024)<ref name=10K /> | assets = {{increase}} US$70.56 billion (2024)<ref name=10K /> | equity = {{increase}} US$21.96 billion (2024)<ref name=10K /> | num_employees = 15,097 (2024)<ref name=10K>{{cite web | url= https://www.sec.gov/ix?doc=/Archives/edgar/data/0001047862/000104786225000011/ed-20241231.htm | title=Consolidated Edison 2023 Form 10-K Annual Report | publisher=[[U.S. Securities and Exchange Commission]] |date=February 20, 2025}}</ref> | divisions = | subsid = | website = {{URL|coned.com}} }} [[File:Con Edison 15th Street.jpg|thumb|right|Con Ed plant on the [[East River]] at [[15th Street (Manhattan)|15th Street]] in [[Manhattan]], [[New York City]]]] '''Consolidated Edison, Inc.''', commonly known as '''Con Edison''' (stylized as '''conEdison''') or '''ConEd''', is one of the largest [[Investor-owned utility|investor-owned]] [[Energy company|energy companies]] in the United States, with approximately $12 billion in annual revenues as of 2017, and over $62 billion in assets.<ref>{{Cite web|url=https://www.coned.com/en/about-us/company-information|title=Consolidated Edison Company Information|access-date=2021-08-14}}</ref> The company provides a wide range of energy-related products and services to its customers through its subsidiaries: *'''Consolidated Edison Company of New York, Inc.''' ('''CECONY'''), a [[Public utilities commission|regulated utility]] providing electric and gas service in [[New York City]] and [[Westchester County, New York]], and [[District heating|steam service]] in the borough of [[Manhattan]]; *'''Orange and Rockland Utilities, Inc.''', a regulated utility serving customers in a {{convert|1300|sqmi|km2|adj=on}} area in southeastern [[New York (state)|New York]] and northern [[New Jersey]]; and, *'''Con Edison Transmission, Inc.''', which invests in electric and natural gas transmission projects. In 2015, electric revenues accounted for 70.35% of consolidated sales (70.55% in 2014); gas revenues 13.61% (14.96% in 2014); steam revenues 5.01% (4.86% in 2014); and non-utility revenues of 11.02% (9.63% in 2014).<ref>{{cite press release |agency=conEdison |url=http://investor.conedison.com/phoenix.zhtml?c=61493&p=irol-newsArticle&ID=2018466 |title=Con Edison Reports 2014 Earnings |date=February 19, 2015 |access-date=January 29, 2021 |url-status=dead |archive-url=https://web.archive.org/web/20180929043446/http://investor.conedison.com/phoenix.zhtml?c=61493&p=irol-newsArticle&ID=2018466 |archive-date=September 29, 2018}}</ref>
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