2017 Press Releases

Con Edison Reports 2017 Third Quarter Results

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11/02/17Con Edison, O&R Crews, Equipment to Aid Puerto Rico Power Restoration
NEW YORK, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Seventy vehicles from Con Edison and Orange and Rockland Utilities arrived today at a shipping terminal in southern New Jersey and will be loaded onto a cargo ship for a trip to Puerto Rico, where they’ll be part of the massive campaign to restore power. Con Edison and Orange and Rockland Utili... 
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11/02/17Con Edison Reports 2017 Third Quarter Earnings
NEW YORK, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) today reported third quarter net income of $457 million or $1.48 a share compared with $497 million or $1.63 a share in 2016. Adjusted earnings, which exclude the effects of the gain on the sale of Con Edison Clean Energy Businesses, Inc.'s (the Clean Energy Businesses) retail electric supply business in 2016, the gain related to a solar electric production investment in 2016 and the net mark-to-market... 
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10/31/17Con Edison Chairman & CEO John McAvoy to Present at 2017 EEI Financial Conference, November 7
NEW YORK, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Con Edison (NYSE:ED) Chairman and Chief Executive Officer John McAvoy will present an overview of the company at the 2017 Edison Electric Institute Financial Conference on Tuesday, November 7, at 8:15 a.m. (Eastern time). The webcast will be available at http://www.wsw.com/webcast/eei4/ed and slides will be available on Con Edison’s website, http://phx.corporate-ir.net/phoenix.zhtml?c=61493&p=irol-presentations. Consolidated Edison, Inc. is one of ... 
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10/19/17Con Edison Declares Common Stock Dividend
NEW YORK, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 69 cents a share on its common stock, payable December 15, 2017, to stockholders of record as of November 15, 2017. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $49 billion in assets. The company provides a wide range of energy-related products and services to ... 
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10/17/17Con Edison to Report 3rd Quarter 2017 Earnings on November 2
NEW YORK, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its third quarter earnings on November 2, 2017 after the market closes. Consolidated Edison, Inc. is one of the nation’s largest investor-owned energy companies, with approximately $12 billion in revenues and $49 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company... 
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10/03/17Con Edison Offers New Ways to Meet Growing Natural Gas Customer Needs
As New Pipelines Face Challenges, Efficiency Measures and Innovative Partnerships Can Help Support Customer Needs and Economic Growth NEW YORK, Oct. 03, 2017 (GLOBE NEWSWIRE) -- Con Edison has filed innovative proposals to better manage natural gas use and to help meet the growing heating needs of its customers, including doubling the size of the program that pays building owners for conservation measures. ... 
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09/26/17Con Edison CFO Robert Hoglund to Speak at Wolfe Research Utilities and Power Leaders Conference on September 27
NEW YORK, Sept. 26, 2017 (GLOBE NEWSWIRE) -- Robert Hoglund, senior vice president and CFO of Consolidated Edison, Inc. (NYSE:ED), will present as part of a Transmission and Renewables Strategies panel at the Wolfe Research Utilities and Power Leaders Conference on Wednesday, September 27 at 1 p.m. (Eastern Daylight Time). A live audio webcast and a replay of the presentation will be available at https://cc.talkpoint.com/wolf001/092617a_as/?entity=2_GLBFYGH. The link also will be posted at th... 
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09/01/17Con Edison CFO Robert Hoglund to Speak at Barclays CEO Energy-Power Conference on September 5
NEW YORK, Sept. 01, 2017 (GLOBE NEWSWIRE) -- Robert Hoglund, senior vice president and CFO of Consolidated Edison, Inc. (NYSE:ED), will provide a company update at the Barclays CEO Energy-Power Conference on Tuesday, September 5 at 1:05 p.m. (Eastern Daylight Time). A live audio webcast and a replay of the presentation will be available at https://cc.talkpoint.com/barc002/090517b_as/?entity=73_JGWQY33. The link also will be posted at the Con Edison Investor Relations website at: http://phx.... 
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08/08/17Con Edison Announces Public Offering of Common Shares
NEW YORK, Aug. 08, 2017 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (“Con Edison”) (NYSE:ED) announced today it has agreed to issue 4,100,000 of its common shares.  These common shares are being offered by J.P. Morgan Securities LLC under Con Edison’s effective shelf registration statement filed with the Securities and Exchange Commission.  The common shares are expected to be issued on August 14, 2017, subject to customary closing conditions. Con Edison expects to invest the net proceeds ... 
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08/03/17Con Edison Reports 2017 Second Quarter Earnings 
NEW YORK, Aug. 03, 2017 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) today reported second quarter net income of $175 million or $0.57 a share compared with $232 million or $0.78 a share in 2016. Adjusted earnings, which exclude the effects of a gain on the sale of a solar electric production project, the impairment of a solar electric production investment in 2016 and the net mark-to-market effects of Con Edison Clean Energy Businesses, Inc.'s subsidiaries (the Clean E... 
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08/02/17Con Edison to Make Solar Energy Available to Low-Income Customers
Initial Phase of Innovative Pilot Program Receives State Approval NEW YORK, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Con Edison will begin providing renewable energy to low-income customers in 2018 following today’s approval of a plan to place solar panels on company roofs and grounds. Con Edison workers carrying a solar panel on a company roo... 
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08/02/17Clean Energy Project to Link Maine and Boston
BOSTON, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Maine Power Express has partnered with County Line Wind to bid clean energy from Maine into the Massachusetts Clean Energy RFP. County Line Wind 630MWs Maine to Boston ... 
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07/20/17Con Edison Declares Common Stock Dividend
NEW YORK, July 20, 2017 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 69 cents a share on its common stock, payable September 15, 2017, to stockholders of record as of August 16, 2017.Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $48 billion in assets. The company provides a wide range of energy-related products and services to its cus... 
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07/17/17Con Edison to Report 2nd Quarter 2017 Earnings on August 3
NEW YORK - Consolidated Edison, Inc. (Con Edison) [NYSE: ED] plans to report  its second quarter earnings on August 3, 2017 after the market closes.Consolidated  Edison, Inc. is one of the nation's largest investor-owned energy companies,  with approximately $12 billion in annual revenues and $48 billion in assets.  The company provides a wide range of  energy-related products and services to its customers through the following  subsidiaries: Consolidated Edison Com... 
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05/15/17Con Edison CEO McAvoy: Smart Meters, Clean Energy, Strategic Investments Deliver for Customers & Shareholders
NEW YORK, NY -- (Marketwired) -- 05/15/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman and CEO John McAvoy lauded the company's employees and its union leadership at the company's annual meeting today, for delivering on safety, operational and enhanced customer experience goals. McAvoy described 2016 as the company's safest year ever, with the lowest number of employee recordable injuries on record. He told shareholders that the company's strategy of delivering sound returns, w... 
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05/11/17Con Edison CEO John McAvoy to Speak at 2017 AGA Financial Forum on May 22
NEW YORK, NY -- (Marketwired) -- 05/11/17 -- John McAvoy, chairman and CEO of Consolidated Edison, Inc. (NYSE: ED), will provide a company update at the 2017 AGA Financial Forum on Monday, May 22 at 9:45 a.m. (Eastern Daylight Time). A live audio webcast and a replay of the presentation will be available at http://wsw.com/webcast/aga17/ed. The link also will be posted at the Con Edison Investor Relations website at: http://phx.corporate-ir.net/phoenix.zhtml?c=61493&p=irol-presentations Conso... 
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05/04/17Con Edison Reports 2017 First Quarter Earnings
NEW YORK, NY -- (Marketwired) -- 05/04/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported first quarter net income of $388 million or $1.27 a share compared with $310 million or $1.05 a share in 2016. Adjusted earnings, which exclude the net mark-to-market effects of Con Edison Clean Energy Businesses, Inc.'s subsidiaries (the Clean Energy Businesses), were $386 million or $1.27 a share in 2017 compared with $348 million or $1.18 a share in 2016. "Safety, operational excell... 
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04/25/17CON EDISON PODCAST: Battery Storage Technology In New York City Neighborhoods
NEW YORK, NY -- (Marketwired) -- 04/25/17 -- Con Edison is developing battery storage technology for New York City neighborhoods to help keep service reliable during the hot summer months. That's the topic of conversation with two energy experts in the current Con Edison podcast. Listen here. By the summer of 2018, the company will deploy batteries capable of sending 1 megawatt of power for four hours into the grid to serve homes and businesses. Con Edison will determine where to dep... 
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04/20/17Con Edison Declares Common Stock Dividend
NEW YORK, NY -- (Marketwired) -- 04/20/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 69 cents a share on its common stock, payable June 15, 2017, to stockholders of record as of May 17, 2017. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $48 billion in assets. The company provides a wide range of energy-related products and services to its custome... 
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04/20/17Con Edison Projects Would Make Region's Ride to Electric Vehicles Smoother
Ideas Include Sidewalk and Home Chargers, Fast Charging NEW YORK, NY -- (Marketwired) -- 04/20/17 -- Con Edison is looking for innovation partners to make it easier for New Yorkers to switch to electric vehicles, which are becoming an increasingly good value as technology improves. The energy company is proposing to invest up to $25 million on demonstration projects that would test strategies for increasing the number of electric vehicles (EVs) in the region by making charging convenient and ... 
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04/18/17Con Edison to Report 1st Quarter 2017 Earnings on May 4
NEW YORK, NY -- (Marketwired) -- 04/18/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to release its first quarter earnings after the market closes on May 4, 2017. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $48 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Ed... 
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04/17/17Con Edison Program Paying Rewards for Smart Electric Vehicle Charging
Program Will Provide Information on EV Benefits, Impact on the Grid NEW YORK, NY -- (Marketwired) -- 04/17/17 -- Owners of electric vehicles in New York City and Westchester County can earn e-gift card rewards and get valuable information about their charging habits by participating in a new Con Edison program. Con Edison and FleetCarma, a company that specializes in electric vehicle technology solutions, are seeking participants for a program called SmartCharge New York that will pay EV owner... 
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04/04/17Con Edison's Podcast Explores Power Industry Trends
New Technologies Shape Energy Consumption; #PluggedIn NEW YORK, NY -- (Marketwired) -- 04/04/17 -- The energy industry is going through a significant evolution. There is a growing switch to renewables such as solar, battery and other distributed energy resources, and in some cases, a new business model for the energy industry as well. Con Edison's podcast, called "Plugged-In," takes an insider's look into several trends: the transition of central power generation, batteries, electric vehicles... 
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03/27/17Con Edison Energy Efficiency Programs Provided Triple Play of Benefits in 2016
Customers Saved Money, Protected Environment, Helped Reliability NEW YORK, NY -- (Marketwired) -- 03/27/17 -- Con Edison and its customers had another successful year when it came to energy efficiency in 2016, resulting in lower bills, cleaner air, and a boost to the company's industry-leading reliable service. Customers who chose energy-saving HVAC, lighting, building management systems and other equipment received $40.8 million in incentives from Con Edison. "Technology is giving households... 
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03/21/17New York City Passes Century Mark for Solar Generation
City Residents and Businesses Hit 100-Megawatt Milestone NEW YORK, NY -- (Marketwired) -- 03/21/17 -- New York City residents and businesses are using the power of the sun to generate more than 100 megawatts of clean, renewable power. Con Edison customers in the city have completed 9,700 projects, producing 101.2 megawatts. That's enough to power more than 15,000 homes. Just a decade ago, solar panels were rare in New York City. But Con Edison, Sustainable CUNY (at the City Universit... 
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03/20/1710 Con Edison Researchers Win Recognition for Breakthrough Findings
Projects Cover the Environment, Solar Energy, Electric Reliability NEW YORK, NY -- (Marketwired) -- 03/20/17 -- Ten Con Edison employees have earned awards from a leading industry organization for findings that will benefit energy companies and customers across the country. The Con Edison employees won Technology Transfer Awards from the Electric Power Research Institute, a national energy research organization. "We want to be an industry leader in protecting the environment, making it easy... 
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02/28/17Con Edison Storing the Future for Energy Customers
Company Files Second Battery Demonstration Project to Help Keep Service Reliable NEW YORK, NY -- (Marketwired) -- 02/28/17 -- Con Edison has filed a project that will bring battery storage technology to New York City neighborhoods to help keep service reliable during the hot summer months. By the summer of 2018, the company will deploy batteries capable of sending 1 megawatt of power for four hours into the grid to serve homes and businesses. Con Edison will determine where to deploy the batt... 
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02/16/17Con Edison Reports 2016 Earnings
NEW YORK, NY -- (Marketwired) -- 02/16/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2016 net income of $1,245 million or $4.15 a share compared with $1,193 million or $4.07 a share in 2015. Adjusted earnings, which exclude the effects of a gain on the sale of Con Edison Clean Energy Businesses, Inc.'s (CEBs') retail electric supply business, the goodwill impairment related to the CEBs' energy service business, the impairment of assets held for sale in 2015 and the net m... 
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02/08/17Consolidated Edison, Inc. Creates 'Con Edison Clean Energy Businesses, Inc.' and Announces the Leadership Team
VALHALLA, NY – February 8, 2017 – Consolidated Edison, Inc. has created a new holding company, Con Edison Clean Energy Businesses, Inc., that brings together its three existing corporations active in America’s competitive energy marketplace: Con Edison Solutions, Con Edison Development and Con Edison Energy.Mark Noyes serves as CEO and President of the three clean energy businesses, which are all co-located in Valhalla, NY. In addition to announcing the holding company, it was announced that Jam... 
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01/25/17Con Edison to Report 2016 Earnings on February 16
NEW YORK, NY -- (Marketwired) -- 01/25/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to release its earnings for 2016 after the market closes on February 16, 2017. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $47 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Ed... 
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01/19/17Con Edison Declares Common Stock Dividend
NEW YORK, NY -- (Marketwired) -- 01/19/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 69 cents a share on its common stock, payable March 15, 2017 to stockholders of record as of February 15, 2017, an annualized increase of 8 cents over the previous annualized dividend of $2.68 a share. "The increase in the dividend, the 43rd consecutive annual increase for stockholders, reflects our continued emphasis on providing a return to our investors while meet... 
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01/19/17Con Edison Development Acquires Three Key Assets of Juhl Energy
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