Con Edison Overview
Consolidation Edison is an American energy company having operations in the New York Metropolitan Area. The company is commonly known as Con Edison or Con Ed. The company founded in 1823 as the New York Gas Light Company. The organization operates their operations from their headquarters situated in New York, United States. In 2017, the revenue of the company was US$12.033 billion whereas the operating income of the company in the same year was US$26.0 billion.
The company employs more than 15,500 employees for providing their energy service to customers. In the United States, the Con Ed is the largest investor-owned firm. The company offers their energy services through several subsidiaries named as Consolidated Edison Company of New York, Orange and Rockland Utilities, Con Edison Energy, Con Edison Development and Con Edison Transmission. The company provides their services to more than 10 million people living in New York City and Westchester County. The customers can pay their bill through Bank account and credit/debit card. The company energy saving program helps customers to save money.
Con Edison History
New York investors established the company, whereas it gets listed in the New York Stock Exchange. The company started their service in lower Manhattan. In 1998, the company acquired the Orange & Rockland Utilities. The company is also a member of the Real Estate Board of New York.
Con Edison Awards
In March 2002, the company named as American’s Most Admired Companies by Fortune Magazine. In Newsweek’s Green Rankings the Consolidated Edison ranked #1. The company building situated in West 53rd Manhattan transformed into a studio for Let’s Make a Deal television game. The studio name changed to Avatar Studios in 1996.
