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Consolidated Edison, Inc. (ED)

73.25 Down 0.36(0.49%) 12:12PM EST - NYSE Real Time Price
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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:14,601

Business Summary 

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. It offers 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 1,700 customers in parts of Manhattan. The company owns 62 area distribution substations and various distribution facilities; 39 transmission substations and 62 area stations; electric generation facilities with an aggregate capacity of 705 megawatts that run with gas and fuel oil; 4,330 miles of mains and 369,339 service lines for natural gas distribution; and 1 steam-electric generating station and 5 steam-only generating stations. It 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. The company operates 572 circuit miles of transmission lines; 14 transmission substations; 62 distribution substations; 86,379 in-service line transformers; 3,991 pole miles of overhead distribution lines; and 1,869 miles of underground distribution lines, as well as 1,867 miles of mains and 105,077 service lines for natural gas distribution. In addition, it is involved in the sale and related hedging of electricity to retail customers; and provision of energy-related products and services to wholesale and retail customers. Further, the company develops, owns, and operates renewable and energy infrastructure projects, as well as invests in transmission companies. It primarily 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 Feb 1, 2016 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 3; Compensation: 9.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. John McAvoy , 55
Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Chairman of Consolidated Edison Company of New York Inc and Chief Exec. Officer of Consolidated Edison Company of New York Inc
Mr. Robert N. Hoglund , 54
Chief Financial Officer and Sr. VP
Ms. Elizabeth D. Moore Esq., 61
Sr. VP and Gen. Counsel
Mr. William G. Longhi , 62
Pres of Shared Services - Consolidated Edison Company of New York Inc
Mr. Craig S. Ivey , 53
Pres of Consolidated Edison Company of New York Inc
Amounts are as of Dec 31, 2014 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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