Consolidated Edison, Inc. (ED) Stock Forecasts

Summary Consolidated Edison serves 3.7 million electric customers, 1.1 million gas customers, and 1,500 steam customers in New York and 400,000 customers in Orange and Rockland Counties. With the sale of Con Edison Clean Energy Businesses, Con Ed has become a pure-play regulated utility. It provides a wide range of energy-related products and services through…


Consolidated Edison, Inc. (ED) Stock Forecasts

Summary

Consolidated Edison serves 3.7 million electric customers, 1.1 million gas customers, and 1,500 steam customers in New York and 400,000 customers in Orange and Rockland Counties. With the sale of Con Edison Clean Energy Businesses, Con Ed has become a pure-play regulated utility. It provides a wide range of energy-related products and services through the following subsidiaries: Consolidated Edison Co. of New York (CECONY), a regulated utility providing electricity, gas, and steam in New York City and Westchester County; Orange and Rockland Utilities (O&R), a utility serving customers in southeastern New York State, northern New Jersey, and northeastern Pennsylvania; Con Edison Solutions, a retail energy supply and services company; Con Edison Energy, a wholesale energy supply company; Con Edison Development, which owns and operates generating plants and participates in other infrastructure projects; and Con Ed Transmission, a FERC-regulated electric and natural gas utility. The company has little generating power except for steam production, with natural gas accounting for 71% of

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