Consolidated Edison (NYSE:ED), Inc. (NYSE: ED) is a New York–based energy delivery company that provides electric, gas and steam service to a large portion of the New York metropolitan area. Through its principal subsidiary, Consolidated Edison Company of New York, and its regional utility subsidiary, Orange and Rockland Utilities, Con Edison serves more than three million electric customers, 1.1 million gas customers and more than 230,000 steam customers across New York City’s five boroughs, Westchester County and parts of southeastern New York, northern New Jersey and eastern Pennsylvania.
Founded in the 19th century, Consolidated Edison has evolved from its early roots in city gas lighting to become one of the largest investor-owned energy-delivery companies in the United States. Over decades of regulated utility operations, the company has invested heavily in its distribution infrastructure, introducing advanced metering, automated grid controls and enhanced safety programs to maintain reliable service in a densely populated region.
Under the leadership of President and Chief Executive Officer Timothy C. Cawley, Con Edison continues to focus on modernizing its network to accommodate growing electricity demand, integrating renewable energy sources and improving system resilience against extreme weather events. The company also leverages its unregulated energy services arm to develop clean energy projects, energy efficiency programs and district heating initiatives.
Consolidated Edison’s core mission is to deliver safe, reliable and affordable energy while advancing a low-carbon future. By balancing traditional utility operations with innovative infrastructure upgrades and sustainability commitments, the company plays a critical role in supporting one of the nation’s most complex urban energy systems.