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Consolidated Edison, Inc. (ED)

61.46 0.76(1.25%) Oct 20, 4:02PM EDT
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Consolidated Edison, Inc.
4 Irving Place
New York, NY 10003
United States - Map
Phone: 212-460-4600

Index Membership:N/A
Industry:Electric Utilities
Full Time Employees:14,648

Business Summary 

Consolidated Edison, Inc. is engaged in regulated electric, gas, and steam delivery businesses in the United States. The company, through its subsidiary, Consolidated Edison Company of New York, Inc., provides electric services to approximately 3.4 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, and parts of Queens and Westchester County; and steam to approximately 1,703 customers in parts of Manhattan. It operates 62 area distribution substations and various distribution facilities; 39 transmission substations and 62 area stations; electric generation facilities with an aggregate capacity of 702 megawatts that run with gas and fuel oil; 4,307 miles of mains and 367,555 service lines for natural gas distribution; and 1 steam-electric generating station and 5 steam-only generating stations. The company, through its subsidiary, Orange and Rockland Utilities, Inc., also supplies electricity to approximately 0.3 million customers in southeastern New York, and in adjacent areas of northern New Jersey and northeastern Pennsylvania; and gas to approximately 0.1 million customers in southeastern New York and adjacent areas of northeastern Pennsylvania. It operates 557 circuit miles of transmission lines; 14 transmission substations; 61 distribution substations; 85,986 in-service line transformers; 3,828 pole miles of overhead distribution lines; and 1,827 miles of underground distribution lines, as well as 1,862 miles of mains and 104,713 service lines for natural gas distribution. In addition, the company is involved in the sale and related hedging of electricity to retail customers; and sale of energy-related products and services to wholesale and retail customers, as well as participates in energy infrastructure projects. It sells electricity to industrial, commercial, residential, and governmental customers. The company was founded in 1884 and is based in New York, New York.

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Corporate Governance 
Consolidated Edison, Inc.’s ISS Governance QuickScore as of Oct 1, 2014 is 3. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 2; Compensation: 6.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. John McAvoy , 53
Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
Mr. Robert N. Hoglund , 52
Chief Financial Officer and Sr. VP
Ms. Elizabeth D. Moore , 59
Sr. VP and Gen. Counsel
Mr. William G. Longhi , 60
Pres of Shared Services - Consolidated Edison Company of New York Inc
Mr. Craig S. Ivey , 51
Pres of Consolidated Edison Company of New York Inc
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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