2014 Press Releases

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11/14/14O&R Files New Electric, Gas Rate Proposals
PEARL RIVER, NY Nov. 14, 2014 --- To provide for the continued safety, reliability and security of its electric and gas delivery systems, Orange and Rockland Utilities, Inc. (O&R) today filed electric and natural gas base rate increase requests with the New York State Public Service Commission (NYSPSC). If approved by the Commission, these rates would become effective November 1, 2015. ELECTRIC DELIVERY RATES O&R’s electric rate increase request includes initiatives designed to: Ha... 
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11/06/14Con Edison Reports 2014 Third Quarter Earnings
3rd Quarter 2014 Sales and Revenues Report NEW YORK, NY -- (Marketwired) -- 11/06/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2014 third quarter net income for common stock of $436 million or $1.49 a share compared with $464 million or $1.58 a share in 2013. Earnings from ongoing operations, which exclude the effects of the lease in/lease out (LILO) transactions and the net mark-to-market effects of the competitive energy businesses (CEBs), were $436 million or $1.49... 
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10/16/14Con Edison Declares Common Stock Dividend
NEW YORK, NY -- (Marketwired) -- 10/16/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 63 cents a share on its common stock, payable December 15, 2014, to stockholders of record as of November 12, 2014. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $40 billion in assets. The company provides a wide range of energy-related products and services to its custo... 
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10/15/14Con Edison to Report Third Quarter 2014 Earnings on November 6
NEW YORK, NY -- (Marketwired) -- 10/15/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to release its earnings for the third quarter of 2014 after the market closes on Thursday, November 6, 2014. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $40 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidi... 
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08/07/14Con Edison Reports 2014 Second Quarter Earnings
2nd Quarter 2014 Sales and Revenues Report NEW YORK, NY -- (Marketwired) -- 08/07/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2014 second quarter net income for common stock of $212 million or $0.73 a share compared with $172 million or $0.59 a share in 2013. Earnings from ongoing operations, which exclude the effects of the gain on sale of solar energy projects, the lease in/lease out (LILO) transactions and the net mark-to-market effects of the competitive ener... 
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07/17/14Con Edison Declares Common Stock Dividend
NEW YORK, NY -- (Marketwired) -- 07/17/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 63 cents a share on its common stock, payable September 15, 2014, to stockholders of record as of August 13, 2014. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $40 billion in assets. The company provides a wide range of energy-related products and services to its custom... 
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05/19/14Con Edison CEO John McAvoy: Customer at Heart of Everything We Do
Tells Shareholders Region's Strong Economy Postions Company for More Growth NEW YORK, NY -- (Marketwired) -- 05/19/14 -- Citing incentives that encourage people to use less energy, and a $2.5 billion annual investment in system safety and reliability, Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President and CEO John McAvoy told company shareholders at today's annual meeting that the "customer must be at the heart of everything we do." "Over the last five years, nearly 200,00... 
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05/12/14Con Edison Names John McAvoy Chairman of the Board of Directors
NEW YORK, NY -- (Marketwired) -- 05/12/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced that its Board of Directors has elected John McAvoy as chairman of the board. McAvoy became president and chief executive officer at the end of last year when Kevin Burke retired. When McAvoy was elected president and chief executive officer, the company announced that Burke would remain as non-executive chairman of the board for a transition period. Burke will continue as a member of... 
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05/08/14Con Edison Reports 2014 First Quarter Earnings
1st Quarter 2014 Sales and Revenues Report NEW YORK, NY -- (Marketwired) -- 05/08/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2014 first quarter net income for common stock of $361 million or $1.23 a share compared with $192 million or $0.66 a share in 2013. Earnings from ongoing operations, which exclude the effects of its lease in/lease out (LILO) transactions and the net mark-to-market effects of the competitive energy businesses (CEBs), were $343 million or $1.17... 
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04/17/14Con Edison Declares Common Stock Dividend
NEW YORK, NY -- (Marketwired) -- 04/17/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 63 cents a share on its common stock, payable June 15, 2014, to stockholders of record as of May 14, 2014. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $41 billion in assets. The company provides a wide range of energy-related products and services to its customers thro... 
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02/20/14Con Edison Reports 2013 Earnings
4th Quarter 2013 Sales and Revenue Report NEW YORK, NY -- (Marketwired) -- 02/20/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2013 net income for common stock of $1,062 million or $3.62 a share compared with $1,138 million or $3.88 a share in 2012. Earnings from ongoing operations, which exclude the effects of its lease in/lease out (LILO) transactions and the net mark-to-market effects of the competitive energy businesses (CEBs), were $1,112 million or $3.80 a share i... 
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01/16/14Con Edison Declares Common Stock Dividend
NEW YORK, NY -- (Marketwired) -- 01/16/14 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 63 cents a share on its common stock, payable March 15, 2014 to stockholders of record as of February 12, 2014, an annualized increase of 6 cents over the previous annualized dividend of $2.46 a share. "The increase in the dividend, the 40th consecutive annual increase, reflects our continued emphasis on providing a return to our investors while meeting the needs of o... 
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