Consolidated Edison (NYSE:ED), Inc., commonly known as Con Edison, is an investor-owned energy company that primarily delivers electricity, natural gas and steam to customers in the New York metropolitan area. Its regulated utility operations include the distribution and transmission of electric power, the distribution of natural gas, and the operation of one of the largest district steam systems in the United States, serving commercial, institutional and residential customers in New York City and nearby counties.
The company operates through regulated utility subsidiaries that serve urban and suburban service territories, together with non-utility businesses that develop, own and manage energy infrastructure and clean energy projects. Con Edison’s non-regulated activities typically focus on energy infrastructure investment, renewable generation development, and related energy services that complement its core delivery business and support broader decarbonization and reliability objectives.
Con Edison has roots stretching back to the 19th century and is headquartered in New York City. Its long-standing presence in the region makes storm response, system hardening, grid modernization and customer service central elements of its operations. The company has pursued upgrades to distribution systems, advanced metering and investments intended to support electric vehicle adoption, distributed energy resources and resilience against extreme weather.
On the regulatory front, Con Edison’s utility businesses operate under state and local regulatory frameworks and work with regulators and stakeholders on rates, infrastructure spending and reliability planning. The company’s combination of regulated delivery services and energy infrastructure investments positions it as a major energy service provider in the New York area while participating in broader clean energy transitions.