{ "schemaVersion": 1, "organisationId": "O-5722aede8ef3411daffe403d2d17ecf5", "slug": "consolidated-edison", "name": "CONSOLIDATED EDISON INC", "updatedAt": "2026-09-28T12:33:30.019675Z", "sections": [ { "type": "OVERVIEW", "text": "Consolidated Edison, Inc. is a U.S. energy holding company whose principal businesses are regulated electric, natural gas and steam utilities. Its subsidiaries include Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities (O&R), and Con Edison Transmission. CECONY serves New York City and Westchester County, while O&R serves parts of southeastern New York and northern New Jersey. [P1008858][P49460969][P38892995][P91211374]\n\nThe company describes its purpose in terms of providing reliable, resilient, safe and clean energy while helping the communities it serves become more sustainable. CECONY serves approximately 3.7 million electric customers; O&R serves approximately 300,000. Consolidated Edison reported $15.3 billion in operating revenue in 2024 and had 15,407 employees at year-end 2025. [P85948439][P91211374][P38892995][T2856996][P109708867]\n[P1008858][P49460969][P38892995][P91211374][P85948439][T2856996][P109708867]", "updatedAt": "2026-09-28T12:33:30.019675Z" }, { "type": "PRODUCTS", "text": "Consolidated Edison’s principal services are electric delivery, natural-gas delivery and steam supply. Its Consolidated Edison Company of New York (CECONY) utility delivers electricity in New York City and Westchester County, while Orange and Rockland Utilities (O&R) provides electric service in southeastern New York and, through its subsidiary, northern New Jersey. Both utilities serve customers who buy electricity from the utility and customers who buy it from another supplier but use the utility’s delivery network. CECONY and O&R also deliver natural gas to customers who purchase it either from the utility or from another supplier. [P53748705][P139][P56832402][P70588418][P80915409][P102171592]\n\nCECONY additionally produces and distributes steam for customers in parts of Manhattan, including for heating and cooling. Steam is generated at one steam-electric and four steam-only stations and distributed through approximately 106 miles of piping. Con Edison describes typical delivered steam as saturated at approximately 165 psig and 358°F. In 2024, electric service accounted for about 75.8% of Consolidated Edison’s total operating revenue, natural gas for 20.4% and steam for 3.8%. 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It provides electricity in both areas but gas only in southeastern New York. [P9640706][P143][P38892995]\n\nThe company does not report revenue separately by state. Its 2025 utility-segment revenue provides a broad indication of where operations are concentrated: CECONY generated $15.65 billion, approximately 93% of consolidated operating revenue, while O&R generated $1.27 billion, approximately 7%. These figures should not be read as a New York–New Jersey revenue split. At year-end 2025, all 15,407 employees were based in the United States: 14,166 at CECONY, 1,232 at O&R and nine at Con Edison Transmission. The company’s principal office is at 4 Irving Place, New York City. [T4452454][P109708867][T726326]\n[P9640706][P143][P38892995][T4452454][P109708867][T726326]", "updatedAt": "2026-09-28T12:33:30.019675Z" }, { "type": "SEGMENTS", "text": "Consolidated Edison reports three principal business segments: Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities (O&R), and Con Edison Transmission. CECONY supplies regulated electric service in New York City and most of Westchester County, gas service in parts of New York City and Westchester, and steam service in parts of Manhattan. It accounts for approximately 93% of consolidated operating revenue. Within CECONY, electric service generates roughly 75% of revenue, gas 21%, and steam 4%.[P92713919][P91211374][P44514957][P72415972][T7790204][T8778424]\n\nO&R provides regulated electric service in southeastern New York and northern New Jersey and gas service in southeastern New York; it accounts for approximately 7% of consolidated operating revenue. Con Edison Transmission develops and invests in electric-transmission projects and holds electric and gas assets through joint ventures. Its direct operating revenue is less than 1% of the consolidated total.[P38892995][P4299941][P49460969][T7790204]\n[P92713919][P91211374][P44514957][P72415972][T7790204][T8778424][T8778424][T8778424][T8778424][P38892995][P4299941][P49460969][T7790204][T7790204]", "updatedAt": "2026-09-28T12:33:30.019675Z" }, { "type": "HISTORY", "text": "Consolidated Edison traces its origins to the New York Gas Light Company, founded in 1823 to supply gas to New York City. In 1884, New York gas companies consolidated as the Consolidated Gas Company of New York. Following a merger with New York Edison, the business adopted the Consolidated Edison Company of New York name in 1936. [https://web.archive.org/web/20060324112857/http://www.coned.com/history/gas.asp][https://www.sec.gov/Archives/edgar/data/1047862/000104786218000037/exhibit3211-2017.htm][https://www.encyclopedia.com/books/politics-and-business-magazines/consolidated-edison-inc]\n\nConsolidated Edison, Inc. was incorporated in 1997 as a holding company. Its acquisition of Orange and Rockland Utilities closed in 1999, extending its utility operations beyond its original New York City service area. The company later expanded its renewable-energy interests, including through its 2018 acquisition of Sempra Solar Holdings, before selling its Clean Energy Businesses to RWE in 2023. 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