CONSOLIDATED EDISON INC News
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.6 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
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Con Edison Files Steam and Electric Rate Increases, Faces Regulatory Scrutiny Over Main Welds and EV Program
- Con Edison (ED) filed a $66M steam rate increase for November 2026 and won a $15.25M electric rate hike for July, amid regulatory probe on welds and EV data gaps.
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Con Edison’s Reliability Needs Report Flags Surge in Electric Demand in NYC by Mid‑2030s
Con Edison updated its Reliability Needs Report in July 2026, projecting electric shortfall in New York City rising from 125 MW in 2033 to 675 MW by 2036—an alert for investors.
06 Sep at 17:32
Con Edison Confirms Q2 2026 Earnings and Reaffirms Full-Year Adjusted EPS Guidance
Con Edison (NYSE: ED) posted Q2 2026 net income of $308 million ($0.83/share), reaffirmed adjusted EPS guidance of $6.00–6.20 for full year.
23 Aug at 17:31
Con Edison’s Q2 Earnings Beat, Analysts Shift Price Targets in the Past Week
Con Edison (NYSE:ED) posted stronger-than-expected Q2 earnings and revenue on August 6, 2026, prompting several analyst price target revisions this week.
30 Jul at 16:20
Consolidated Edison Faces Analyst Downgrades Amid Grid Reliability Concerns
Analysts lower Con Edison price targets due to grid reliability issues.