Its operating revenues in 2019 totaled $0.89 billion, reflecting 7.1% of the company’s total revenues.Consolidated Edison’s operations are regulated by the New York Public Service Commission and the New Jersey Board of Public Utilities (NJBPU). This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Our mission is to plan, develop, and own new high-voltage electric transmission projects in New York State designed to reduce energy prices for the state’s consumers, facilitate the growth of renewable generation sources, and ensure long-term grid reliability. Visit performance for information about the performance numbers displayed above. CECONY’s operating revenues in 2019 totaled $10.82 billion, reflecting 86% of the company’s total revenues.O&R Utilities serves 0.3 million electric and 0.1 million gas customers in southeastern New York, northern New Jersey and eastern Pennsylvania. Zacks Ranks stocks can, and often do, change throughout the month. … In 2014, Consolidated Edison formed Consolidated Edison Transmission LLC (Con Edison Transmission) to invest in the transmission business. , Consolidated Edison, Inc. is issuing a press release and an earnings release presentation regarding, among other things, its results of operations for the. Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). New York Transco is an owner and developer of bulk power transmission facilities in New York State. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. CET will operate Consolidated Edison Transmission, LLC to invest in electric transmission, which includes the company's investments with New York Transco, LLC. ConEd’s regulated businesses operate through its subsidiaries – Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities (O&R), Con Edison Clean Energy Businesses, Inc. and Con Edison Transmission, Inc. CECONY is a regulated utility that provides electricity to around 3.5 million customers and natural gas to 1.1 million customers. . CECONY operates the largest steam distribution system in the United States by producing and delivering approximately 19,796 MMlb of steam annually to 1,589 customers in parts of Manhattan. The company anticipates growth in the need for electric and gas transmission projects to … Delayed quotes by Sungard. Con Edison Transmission — 3. CET will operate Consolidated Edison Transmission, LLC to invest in electric transmission, which includes the company's investments with New York Transco, LLC. These transmission upgrades not only contribute to reliability if Indian Point Nuclear Power Plant were to shut down, they also significantly reduce upstate to downstate transmission congestion which saves money for electricity consumers. New York-based Consolidated Edison, Inc., also known as ConEd, is a diversified utility holding company, with subsidiaries engaged in both regulated and unregulated businesses. Date of Report (Date of earliest event reported): (Exact name of registrant as specified in its charter), Registrant’s telephone number, including area code: (. Our mission is to plan, develop, and own new high-voltage electric transmission projects in New York State designed to reduce energy prices for the state’s consumers, facilitate the growth of renewable generation sources, and ensure long-term grid reliability. Con Edison - The Long-Range Transmission Plan, 2018 – 2028 October 26, 2018 4 Operational Base Flow consisting of non-firm power was established in the model along the same path as the Con Edison Wheel. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
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