Consolidated Edison Company of New Yorkheader image

Investor Relations
Financial Press Releases

Receive E-mail AlertsE-mail Alerts

Click Here for Important Information About Forward-Looking Statements

Keyword Search
 
2013 | 2012 | 2011 | 2010 | 2009
DateTitle 
05/21/13Sempra U.S. Gas & Power, Consolidated Edison Development Announce Solar Partnership
SAN DIEGO, CA and VALHALLA, NY -- (Marketwired) -- 05/21/13 -- Sempra U.S. Gas & Power and Consolidated Edison Development (ConEdison Development) today announced an agreement to partner in two of Sempra U.S. Gas & Power's solar power facilities, the 150-megawatt (MW) Copper Mountain Solar 2 plant near Las Vegas and the 150-MW Mesquite Solar 1 power plant near Phoenix. Under the sales agreement, each company will own a 50-percent interest in the two solar facilities, which are among the large... 
Printer Friendly Version
05/20/13Con Edison CEO Kevin Burke: Success of $1B Storm Protection Investments Requires Joining With Others
NEW YORK, NY -- (Marketwired) -- 05/20/13 -- Con Edison Chairman and CEO Kevin Burke told shareholders today that while the company plans to invest $1 billion over the next four years for storm protection measures, a key factor is working with others so customers can receive power quicker after disasters. "Utilities, government agencies, the MTA, and the building and hospital communities are joining forces," Burke said. "To succeed, we must work together. Our plans won't matter if we can deliv... 
Printer Friendly Version
05/02/13Con Edison Reports 2013 First Quarter Earnings
1st Quarter 2013 Sales and Revenues Report NEW YORK, NY -- (Marketwired) -- 05/02/13 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported first quarter earnings of $192 million or $0.66 a share compared with $277 million or $0.95 a share in 2012. Earnings from ongoing operations, which exclude a charge relating to its lease in/lease out (LILO) transactions and the net mark-to-market effects of the competitive energy businesses (CEBs), were $316 million or $1.08 a share compared w... 
Printer Friendly Version
05/02/131st Quarter 2013 Sales and Revenue Report
... 
Printer Friendly Version
05/02/13Con Edison SVP & CFO Robert Hoglund to Speak at 2013 AGA Financial Forum
NEW YORK, NY -- (Marketwired) -- 05/02/13 -- Con Edison (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will speak at the 2013 AGA Financial Forum on Monday, May 6 at 10:30 a.m. (ET). A live audio webcast and a replay of the presentation will be available at http://wsw.com/webcast/aga12/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, along with the presentation... 
Printer Friendly Version
04/18/13Con Edison Declares Common Stock Dividend
NEW YORK, NY -- (Marketwired) -- 04/18/13 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 61 1/2 cents a share on its common stock, payable June 15, 2013, to stockholders of record as of May 15, 2013. 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 ... 
Printer Friendly Version
01/31/13Con Edison Reports 2012 Earnings
NEW YORK, NY -- (MARKETWIRE) -- 01/31/13 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2012 net income for common stock of $1,138 million or $3.88 a share compared with $1,051 million or $3.59 a share in 2011. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses (CEBs), were $1,098 million or $3.75 a share in 2012 compared with $1,064 million or $3.64 a share in 2011. For the fourth quarter of 2012, net incom... 
Printer Friendly Version
01/31/13Con Edison SVP & CFO Robert Hoglund to Speak at 2013 Credit Suisse Energy Summit
NEW YORK, NY -- (MARKETWIRE) -- 01/31/13 -- Con Edison (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will speak at the 2013 Credit Suisse Energy Summit on Tuesday, February 5, at 1:35 p.m. (EST). The link for viewing the live webcast or a replay is: http://cc.talkpoint.com/cred001/020413a_am/?entity=54_K1C3EKB The webcast and the presentation slides also will be accessible on Con Edison's Investor Relations website, www.conEdison.com, and will be viewable on m... 
Printer Friendly Version
11/30/12GelTech Solutions Teams Up With Con Edison to Fight Manhole Fires & Enhance Public Safety
Dec 03, 2012 (Marketwire via COMTEX) --GelTech Solutions, Inc. (OTCBB: GLTC), creators of FireIce, a revolutionary water enhancing fire suppressant that has the potential to change current firefighting techniques, announces the beginning of a three month pilot program with Con Edison (NYSE: ED) to use FireIce to combat manhole fires. "After a thorough and comprehensive two year evaluation of fire suppressant products, including independent laboratory testing, Con Edison has chosen FireIce for... 
Printer Friendly Version
11/11/12Hurricane Sandy Update: Con Edison's Restorations On Track for Storm Customers
Nov 11, 2012 (Marketwire via COMTEX) --Con Edison (NYSE: ED) crews and thousands of utility workers from around the country continue to restore power to more than 1 million customers affected by Hurricane Sandy and Wednesday's Nor'easter. At 12:30 p.m., approximately 3,900 customers in New York City and Westchester County remain without electrical service from Hurricane Sandy alone. Con Edison's goal is on track to restore power by the end of the weekend to virtually all customers who were... 
Printer Friendly Version
11/08/12Con Edison SVP & CFO Robert Hoglund to Present at the Edison Electric Institute Finance Conference
Nov 08, 2012 (Marketwire via COMTEX) --Con Edison (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will present at the EEI Finance Conference, Tuesday, November 13, between 12:30 and 1:10 p.m. ET. Live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below:  http://www.media-server.com/m/p/pp2fvowf. Consolidated Edison, Inc. is one of the nation's larges... 
Printer Friendly Version
11/05/12Con Edison Reports 2012 Third Quarter Earnings
Nov 05, 2012 (Marketwire via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported third quarter earnings of $440 million or $1.50 a share compared with $383 million or $1.31 a share in 2011. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $423 million or $1.44 a share compared with $390 million or $1.33 a share in 2011.  For the first nine months of 2012, net income for common stock was $931 millio... 
Printer Friendly Version
10/18/12Con Edison Declares Common Stock Dividend
Oct 18, 2012 (Marketwire via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 60 1/2 cents a share on its common stock, payable December 15, 2012, to stockholders of record as of November 14, 2012. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $40 billion in assets. The company provides a wide range of energy-related products and services to its custome... 
Printer Friendly Version
08/29/12Con Edison SVP & CFO Robert Hoglund at Barclays Capital 2012 CEO Energy/Power Conference
Aug 29, 2012 (Marketwire via COMTEX) --Con Edison (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will be presenting at the Barclays Capital 2012 CEO Energy/Power Conference, Thursday, September 6, between 1:05 and 1:40 p.m. Live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below: http://cc.talkpoint.com/barc002/090412a_lp/?entity=113_PPLW3MJ Consoli... 
Printer Friendly Version
08/02/12Con Edison Reports 2012 Second Quarter Earnings
Aug 02, 2012 (Marketwire via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported second quarter earnings of $214 million or $0.73 a share compared with $165 million or $0.57 a share in 2011. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $178 million or $0.61 a share compared with $166 million or $0.57 a share in 2011.  For the first six months of 2012, net income for common stock was $491 millio... 
Printer Friendly Version
07/30/12Con Edison Declares Common Stock Dividend
Jul 30, 2012 (Marketwire via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 60 1/2 cents a share on its common stock, payable September 15, 2012, to stockholders of record as of August 15, 2012. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $40 billion in assets. The company provides a wide range of energy-related products and services to its customer... 
Printer Friendly Version
05/08/12Con Edison CFO & SVP Robert Hoglund to Speak at the Deutsche Bank Clean Tech, Utilities and Power Conference 2012
NEW YORK, NY, May 08, 2012 (MARKETWIRE via COMTEX) --Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will speak at the Deutsche Bank Clean Tech, Utilities & Power Conference on Monday, May 14, at 8:40 a.m. (ET). A live audio webcast and slides as well as a replay of the presentation will be available at http://www.media-server.com/m/p/crvfifzn, as well as on the Con Edison Investor Relations website, www.conEd.com. Consolidated Edison, Inc. is on... 
Printer Friendly Version
05/03/12Con Edison Reports 2012 First Quarter Earnings
NEW YORK, NY, May 03, 2012 (MARKETWIRE via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported first quarter earnings of $277 million or $0.95 a share compared with $311 million or $1.07 a share in 2011. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $295 million or $1.01 a share compared with $289 million or $0.99 a share in 2011. "First quarter results were in line with expectations," said... 
Printer Friendly Version
05/03/12Con Edison Chairman & CEO Kevin Burke to Present at AGA Forum
NEW YORK, NY, May 03, 2012 (MARKETWIRE via COMTEX) --Con Edison (NYSE: ED) Chairman, President and Chief Executive Officer Kevin Burke will present at the American Gas Association Financial Forum on Monday, May 7, 2012, at 12:15 p.m. (ET). A live audio webcast, slides and a replay of the presentation will be available on the AGA website http://wsw.com/webcast/aga11/ed/ and on the Con Edison Investor Relations website www.conEd.com. Consolidated Edison, Inc. is one of the nation's large... 
Printer Friendly Version
04/19/12Con Edison Declares Common Stock Dividend
NEW YORK, NY, Apr 19, 2012 (MARKETWIRE via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 60 1/2 cents a share on its common stock, payable June 15, 2012, to stockholders of record as of May 16, 2012. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $39 billion in assets. The company provides a wide range of energy-related products and service... 
Printer Friendly Version
03/07/12Con Edison of New York to Redeem Its Preferred Stock
NEW YORK, NY, Mar 07, 2012 (MARKETWIRE via COMTEX) --Consolidated Edison Company of New York, Inc. is calling for redemption on May 1, 2012 all outstanding shares of its preferred stock. The series of preferred stock to be redeemed and the applicable redemption price per share payable for each series are shown below. The redemption prices do not include the dividends on the preferred stock that were declared on February 16, 2012, which are payable, and will be paid separately in the usu... 
Printer Friendly Version
02/16/12Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Feb 16, 2012 (MARKETWIRE via COMTEX) --Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable May 1, 2012, to stockholders of record as of April 11, 2012: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 Cumulative Preferred Stock, 4.6... 
Printer Friendly Version
02/03/12Con Edison CFO & SVP Robert Hoglund to Speak at Credit Suisse Energy Summit 2012
NEW YORK, NY, Feb 03, 2012 (MARKETWIRE via COMTEX) --Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will speak at the Credit Suisse Energy Summit 2012 on Tuesday, February 7, at 3:30 p.m. (ET). A live audio webcast and slides as well as a replay of the presentation will be available at http://cc.talkpoint.com/cred001/020612a_ah/?entity=53_CND3BTJ, as well as on the Con Edison Investor Relations website, www.conEd.com. Consolidated Edison, Inc. is one o... 
Printer Friendly Version
01/19/12Con Edison Reports 2011 Earnings
4th Quarter 2011 Sales and Revenue Report NEW YORK, NY, Jan 19, 2012 (MARKETWIRE via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2011 net income for common stock of $1,051 million or $3.59 a share compared with $992 million or $3.49 a share in 2010. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $1,064 million or $3.64 a share in 2011 compared with $981 million or $3.45 a share in 2010. F... 
Printer Friendly Version
12/05/11Con Edison CFO & SVP Robert Hoglund on Wells Fargo Symposium Panel
NEW YORK, NY, Dec 05, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will participate in a panel discussion at the Wells Fargo Securities 10th Annual Pipeline, MLP, E&P, Services, and Utility Symposium on Wednesday, December 7, 2011 at 9:15 a.m. (ET). The link to the webcast is http://cc.talkpoint.com/well001/120611a_hr/?entity=35_VQ3M623. A replay of the panel discussion will be available on that link as well as on ... 
Printer Friendly Version
11/17/11Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Nov 17, 2011 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable February 1, 2012, to stockholders of record as of January 11, 2012: Preferred Stock Dividend Per Share ---------------------------------------------------------------------------- $5 Cumulative Preferred Stock $1.2... 
Printer Friendly Version
11/16/11Con Edison Wins National Award for Outstanding Reliability
NEW YORK, NY, Nov 16, 2011 (MARKETWIRE via COMTEX) -- Con Edison has been named winner of the 2011 National Award for Outstanding Reliability Performance by PA Consulting Group for the company's electricity delivery in 2010. Con Edison also received the organization's ReliabilityOne(TM) Award for the Northeast Region, as well as an award for Outstanding System-Wide Reliability. The ReliabilityOne(TM) National Award is given to the ReliabilityOne(TM) regional award recipient that has demonstrat... 
Printer Friendly Version
11/03/11Con Edison Reports 2011 Third Quarter Earnings
3rd Quarter 2011 Sales and Revenue Report NEW YORK, NY, Nov 03, 2011 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported net income for common stock for the third quarter of $383 million or $1.31 a share compared with $350 million or $1.24 a share in 2010. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $390 million or $1.33 a share in the third quarter of 2011 compared with $372 mi... 
Printer Friendly Version
10/31/11Con Edison CEO Kevin Burke at EEI Conference November 8
NEW YORK, NY, Oct 31, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chairman and Chief Executive Officer Kevin Burke will be presenting at the 46th EEI Financial Conference on Tuesday, November 8, at 10:30 am (ET). A link to the webcast will be available at http://www.media-server.com/m/p/wb7qy767/r/1. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $36 billion in assets. The company provi... 
Printer Friendly Version
10/20/11Con Edison Declares Common Stock Dividend
NEW YORK, NY, Oct 20, 2011 (MARKETWIRE via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 60 cents a share on its common stock, payable December 15, 2011, to stockholders of record as of November 16, 2011. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $36 billion in assets. The company provides a wide range of energy-related products and ... 
Printer Friendly Version
09/16/11Con Edison Chairman and CEO Kevin Burke at Bank of America Merrill Lynch 2011 Power and Gas Leaders Conference
NEW YORK, NY, Sep 16, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chairman and Chief Executive Officer Kevin Burke will participate in a panel discussion at the Bank of America Merrill Lynch 2011 Power and Gas Leaders Conference at 10:30 a.m. on Tuesday, September 20. Live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below: http://www.veracast.com/webcasts/baml/powerga... 
Printer Friendly Version
09/02/11Con Edison CFO & SVP Robert Hoglund at Barclays Capital 2011 Energy CEO Conference
NEW YORK, NY, Sep 02, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will have a 35-minute presentation in New York at the Barclays Capital 2011 Energy CEO Conference, Thursday, September 8, 2011, beginning at 3:05 p.m. Live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below: http://cc.talkpoint.com/barc002/... 
Printer Friendly Version
08/04/11Con Edison Reports 2011 Second Quarter Earnings
2nd Quarter 2011 Sales and Revenue Report NEW YORK, NY, Aug 04, 2011 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported net income for common stock for the second quarter of $165 million or $0.57 a share compared with $183 million or $0.65 a share in 2010. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $166 million or $0.57 a share in the second quarter of 2011 compared with $144 ... 
Printer Friendly Version
07/21/11Con Edison Declares Common Stock Dividend
NEW YORK - Consolidated Edison, Inc. (Con Edison) [NYSE: ED] today declared a quarterly dividend of 60 cents a share on its common stock, payable September 15, 2011, to stockholders of record as of August 17, 2011. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $36 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subs... 
Printer Friendly Version
05/16/11Con Edison CFO & SVP Robert Hoglund at Barclays Capital Americas Select Conference May 23
NEW YORK, NY, May 16, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will be presenting at the Barclays Capital Americas Select Conference on Monday, May 23, from 4:20 a.m. to 5 a.m. (EDT). Live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below, which can be used to view both the live webcast as well as the r... 
Printer Friendly Version
05/16/11Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, May 16, 2011 (MARKETWIRE via COMTEX) --Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable August 1, 2011, to stockholders of record as of July 13, 2011: Preferred Stock Dividend Per Share ---------------------------------------------------------------------------- $5 Cumulative Preferred Stock $1.2... 
Printer Friendly Version
05/13/11Con Edison VP and Treasurer Scott Sanders at AGA Financial Forum
NEW YORK, NY, May 13, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Vice President and Treasurer Scott Sanders will be presenting at the American Gas Association (AGA) Financial Forum on Monday, May 16, from 11:15 to 11:50 a.m. A live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below: http://www.wsw.com/webcast/aga10/ed/ Consolidated Edison, Inc. is one of the nation... 
Printer Friendly Version
05/06/11Con Edison CFO & SVP Robert Hoglund at Deutsche Bank 2011 Alternative Energy, Utilities and Power Conference
NEW YORK, NY, May 06, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will be presenting at the Deutsche Bank 2011 Alternative Energy, Utilities & Power Conference on Thursday, May 12, from 2:15 PM - 2:45 PM. Live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below: Webcast URL: http://www.corporate-ir.net/ire... 
Printer Friendly Version
05/05/11Con Edison Reports 2011 First Quarter Earnings
1st Quarter 2011 Sales and Revenue Report NEW YORK, NY, May 05, 2011 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported first quarter earnings of $311 million or $1.07 a share compared with $226 million or $0.80 a share in 2010. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $289 million or $0.99 a share compared with $264 million or $0.93 a share in 2010. "First quarter ... 
Printer Friendly Version
04/21/11Con Edison Declares Common Stock Dividend
NEW YORK, NY, Apr 21, 2011 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 60 cents a share on its common stock, payable June 15, 2011, to stockholders of record as of May 18, 2011. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $36 billion in assets. The company provides a wide range of energy-related products and services to its ... 
Printer Friendly Version
03/17/11Con Edison: Top 20 Among Corporate Responsibility Magazine's "100 Best Corporate Citizens"
NEW YORK, NY, Mar 17, 2011 (MARKETWIRE via COMTEX) --Con Edison ranked 17th among Corporate Responsibility Magazine's "Best 100 Corporate Citizens" and second among all the utilities in the ranking, according to the magazine's 12th annual survey. Corporate Responsibility Magazine's annual 100 Best Corporate Citizens list (http://2sustain.com/2011/03/cr-magazine%E2%80%99s-100-best-corporate-citizens-for-2011.html) is known as one of the world's top corporate responsibility rankings bas... 
Printer Friendly Version
03/16/11'Green Power' From ConEdison Solutions Reduced Carbon Dioxide Emissions by 197,195 Tons in 2010
Renewable Energy Impact Was Equivalent to Cutting Annual Oil Consumption by 379,410 Barrels NEW YORK, NY, Mar 16, 2011 (MARKETWIRE via COMTEX) --On the eve of the greenest day of the year -- St. Patrick's Day -- ConEdison Solutions announced that its "Green Power" renewable energy program had cut fossil fuel consumption in 2010 by an amount equivalent to 380,000 barrels of oil. The Valhalla, New York-based firm -- one of America's leading energy services companies -- calculated that... 
Printer Friendly Version
02/17/11Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Feb 17, 2011 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable May 1, 2011, to stockholders of record as of April 13, 2011: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 Cumulative Preferred Stock, 4.... 
Printer Friendly Version
02/08/11Con Edison CFO & SVP Robert Hoglund to Speak at Credit Suisse Energy Summit 2011
NEW YORK, NY, Feb 08, 2011 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will speak at the Credit Suisse Energy Summit 2011 on Thursday, February 10, at 3:30 p.m. (EST). Live audio webcast and slides as well as a replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, and at the link below: http://cc.talkpoint.com/cred001/020611a_ah/?entity=60_SDGS243 Consolidated Edison, I... 
Printer Friendly Version
01/20/11Con Edison Reports 2010 Earnings
4th Quarter 2010 Sales and Revenue Report NEW YORK, NY, Jan 20, 2011 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2010 net income for common stock of $992 million or $3.49 a share compared with $868 million or $3.16 a share in 2009. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $981 million or $3.45 a share in 2010 compared with $849 million or $3.09 a share in 2009. ... 
Printer Friendly Version
12/03/10Con Edison VP and Controller Robert Muccilo Participating in Wells Fargo Webcast December 8
NEW YORK, NY, Dec 03, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison Inc. (NYSE: ED) Vice President and Controller Robert Muccilo will speak at a Wells Fargo Utility Conference on December 8, 2010. He will participate in a webcast panel discussion entitled "Rate Growth and Regulation (Opportunities and Risks Abound!)" at 9:30 a.m. (EST). The audio-only webcast will be available at the Con Edison's Investor Relations website and also at the Wall Street Webcasting link below: http://www... 
Printer Friendly Version
11/18/10Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Nov 18, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable February 1, 2011, to stockholders of record as of January 12, 2011: Preferred Stock Dividend Per Share ------------------------------------------ ----------------------- $5 Cumulative Preferred Stock $1.25 Cumulati... 
Printer Friendly Version
11/18/10Con Edison Wins Award for Outstanding System-Wide Reliability
New York Utility Also Receives ReliabilityOne(TM) Award for Northeast Region WASHINGTON, DC, Nov 18, 2010 (MARKETWIRE via COMTEX) --Con Edison has been named winner of the 2010 Outstanding System-Wide Reliability Award by PA Consulting Group. The award recognizes the PA Consulting Group ReliabilityOne(TM) regional award recipient that demonstrated superior annual system-wide reliability performance for its customers. The ReliabilityOne(TM) Awards are given annually to utilities del... 
Printer Friendly Version
11/01/10Con Edison Reports 2010 Third Quarter Earnings
3rd Quarter 2010 Sales and Revenue Report NEW YORK, NY, Nov 01, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2010 third quarter net income for common stock of $350 million or $1.24 a share compared with $336 million or $1.22 a share in 2009. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $372 million or $1.32 a share in the third quarter of 2010 compared with $319 milli... 
Printer Friendly Version
10/26/10Con Edison CFO and Senior VP Robert Hoglund on Edison Electric Institute Webcast
NEW YORK, NY, Oct 26, 2010 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will make a West Coast presentation to the investment community at the 45th Edison Electric Institute (EEI) Financial Conference on Tuesday, November 2, at 9:45 a.m. (P.D.T.), 12:45 p.m. (E.D.T.). Live audio webcast and replay of the presentation will be available on the Con Edison Investor Relations website, www.conEd.com, or at the link below: http... 
Printer Friendly Version
10/21/10Con Edison Declares Common Stock Dividend
NEW YORK, NY, Oct 21, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 59 1/2 cents a share on its common stock, payable December 15, 2010, to stockholders of record as of November 17, 2010. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $34 billion in assets. The company provides a wide range of energy-related products and s... 
Printer Friendly Version
10/18/10Exclusive: ConEd, Panda to build solar farm
(Reuters) - Consolidated Edison Inc and Panda Energy International Inc will spend about $85-$90 million to build a 20 megawatt (MW) solar farm in New Jersey, two top executives said. The project, in Pilesgrove, New Jersey, which will use about 71,000 Suntech Power solar panels and go live in 2011, will be connected directly to the utility grid, said Mark Noyes, vice president of Con Edison Development. "The plant can actually provide energy not just for the local utility, but for all of t... 
Printer Friendly Version
09/27/10Con Edison Announces Public Offering of Common Shares
NEW YORK, NY, Sep 27, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) announced today it has agreed to issue 6,300,000 of its common shares. These common shares are being offered by Morgan Stanley & Co. Incorporated under Con Edison's effective shelf registration statement filed with the Securities and Exchange Commission. The common shares are expected to be issued on October 1, 2010, subject to customary closing conditions. Con Edison expects to inve... 
Printer Friendly Version
09/24/10Con Edison CFO and Senior VP Robert Hoglund to Speak at Bank of America Merrill Lynch Power & Gas Leaders Conference
NEW YORK, NY, Sep 24, 2010 (MARKETWIRE via COMTEX) --Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will participate in a panel discussion at the 2010 Bank of America Merrill Lynch Power & Gas Leaders Conference Sept. 28 at 9:15 a.m. (EDT). Hoglund will participate in a discussion called "Yield Plays." The live Web cast and the archived Web cast will be available at https://www.veracast.com/webcasts/bas/powergas2010/id49369110.cfm. The archived ... 
Printer Friendly Version
09/21/10Con Edison Ranked # 1 as Environmental Leader
NEW YORK, NY, Sep 21, 2010 (MARKETWIRE via COMTEX) --Consolidated Edison Inc. (Con Edison) has been ranked #1 among all S&P 500 companies by the Carbon Disclosure Project (CDP) in its Carbon Disclosure Leadership Index (CDLI), as well as #1 among utilities in the new Carbon Performance Leadership Index (CPLI). The Performance Index recognizes companies that are taking action to reduce carbon emissions through strategy, governance, stakeholder communications, and action plans. The Leade... 
Printer Friendly Version
09/13/10Con Edison CEO Kevin Burke Participating in Barclays Capital 2010 CEO Energy - Power Conference Webcast September 15
NEW YORK, NY, Sep 13, 2010 (MARKETWIRE via COMTEX) --Consolidated Edison Inc. (NYSE: ED) Chairman and CEO Kevin Burke will participate in a Barclays Capital 2010 CEO Energy - Power Conference on Wednesday, September 15 at 7:45 a.m. (E.D.T.). The audio-only webcast of his presentation will be available at the conference site (see link below). http://cc.talkpoint.com/barc002/091510a_rb/reports.asp?entity=124_P1UXCOK In addition, the webcast and the slides will be accessible on Con E... 
Printer Friendly Version
08/05/10Con Edison Reports 2010 Second Quarter Earnings
2nd Quarter 2010 Sales and Revenue Report NEW YORK, NY, Aug 05, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported net income for common stock for the second quarter of 2010 of $183 million or $0.65 a share compared with $150 million or $0.55 a share in 2009. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $144 million or $0.51 a share in the second quarter of 2010 compared wi... 
Printer Friendly Version
07/15/10Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Jul 15, 2010 (MARKETWIRE via COMTEX) --Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable November 1, 2010, to stockholders of record as of October 13, 2010: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 ... 
Printer Friendly Version
07/15/10Con Edison Declares Common Stock Dividend
NEW YORK, NY, Jul 15, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 59 1/2 cents a share on its common stock, payable September 15, 2010, to stockholders of record as of August 18, 2010. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $34 billion in assets. The company provides a wide range of energy-related products and ... 
Printer Friendly Version
05/17/10Con Edison of New York Declares Preferred Stock Dividends
NEW YORK , NY, May 17, 2010 (MARKETWIRE via COMTEX) --Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable August 1, 2010, to stockholders of record as of July 14, 2010: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 Cumul... 
Printer Friendly Version
05/17/10Con Edison CEO Kevin Burke to Shareholders: Energy Efficiency & Smart Grid Empower New Yorkers
NEW YORK, NY, May 17, 2010 (MARKETWIRE via COMTEX) --Con Edison Chairman and CEO Kevin Burke told shareholders today that energy efficiency is about "maintaining our customers' lifestyle needs with less energy." He said the near-term goal is to lower electric demand 550 megawatts by 2015 in the company's service area, saving enough energy to power more than half a million homes. "The world is going through some rapid changes," Burke told the shareholder gathering at the company's headqua... 
Printer Friendly Version
05/06/10Con Edison Reports 2010 First Quarter Earnings
1st Quarter 2010 Sales and Revenue Report NEW YORK, NY, May 06, 2010 (MARKETWIRE via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported first quarter earnings of $226 million or $0.80 a share compared with $180 million or $0.66 a share in 2009. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $264 million or $0.93 a share compared with $214 million or $0.78 a share in 2009. "Our first quarter resu... 
Printer Friendly Version
05/03/10CON Edison CFO and Senior VP Robert Hoglund on American Gas Association Webcast
NEW YORK, NY, May 03, 2010 (MARKETWIRE via COMTEX) --Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will participate in an American Gas Association (AGA) Webcast on Tuesday, May 18th at 2 pm. Slides will accompany the audio-only Webcast presentation and be available on the Con Edison Investor Relations Web site. It also will be available at the American Gas Association (AGA) Web site at the following link: http://www.wsw.com/webcast/aga9/ed/ Consolidat... 
Printer Friendly Version
05/03/10Con Edison CFO and SVP Robert Hoglund on Deutsche Bank Alternative Energy Webcast May 11
NEW YORK, NY, May 03, 2010 (MARKETWIRE via COMTEX) --Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will speak at the Deutsche Bank Securities Inc. Alternative Energy, Utilities & Power Conference on Tuesday, May 11 at 8:55 a.m. An audio Webcast will be available one hour after the presentation at the following link: http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=ED&item_id=3012467 The link will be accessible for 90 days. The presen... 
Printer Friendly Version
04/22/10Panda Energy and Con Edison Development Sign Joint Development Agreement
Companies to Develop Utility-Scale Solar Farms DALLAS — April 22, 2010 — Panda Solar Ventures LLC, an affiliate of Panda Energy International Inc., and Con Edison Development, a wholly-owned subsidiary of Consolidated Edison Inc., today announced that they have signed an agreement to develop, construct and operate utility-scale solar electric power projects in the northeast United States. The agreement initially calls for the development of two solar photovoltaic farms, between 15-20 megawatt... 
Printer Friendly Version
04/15/10Con Edison Declares Common Stock Dividend
NEW YORK, NY, Apr 15, 2010 (MARKETWIRE via COMTEX) --Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 59 1/2 cents a share on its common stock, payable June 15, 2010, to stockholders of record as of May 12, 2010. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $34 billion in assets. The company provides a wide range of energy-related products and services to i... 
Printer Friendly Version
02/18/10Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Feb 18, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable May 1, 2010, to stockholders of record as of April 14, 2010: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock $1.... 
Printer Friendly Version
02/09/10Con Edison Calls for More Solar Power
NEW YORK , NY, Feb 09, 2010 (MARKETWIRE via COMTEX) -- Con Edison has filed a proposal with the New York State Public Service Commission (PSC) to support the development of 25 megawatts (MW) of solar energy resources in New York City by 2015, which would offset about 16,000 tons of carbon dioxide (CO2) emissions annually. The CO2 emissions avoided would be the equivalent of taking 2,400 passenger vehicles off the road, and the 25 MW of solar energy would power more than 38,000 room air conditi... 
Printer Friendly Version
01/25/10Con Edison Engineer to Lead IEEE-USA Energy Committee
NEW YORK, NY, Jan 25, 2010 (MARKETWIRE via COMTEX) -- Con Edison announced today that Dr. Mayer Sasson, a company electrical engineer, has been named chair of the Energy Policy Committee of the prestigious IEEE-USA, a professional engineering society. Sasson, who has worked for Con Edison since 1990, is a technical leader in Advanced Transmission and Distribution Design, Transmission Planning. He is responsible for transmission reliability issues. "I'm pleased to serve as chairman of the Ene... 
Printer Friendly Version
01/21/10Con Edison Reports 2009 Earnings
4th Quarter and Full Year 2009 Sales and Revenue Report NEW YORK, NY, Jan 21, 2010 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2009 net income for common stock of $868 million or $3.16 a share compared with $1,196 million or $4.38 a share in 2008. Excluding items identified in the table below, earnings from ongoing operations were $849 million or $3.09 a share compared with $820 million or $3.00 a share in 2008. For the fourth quarter of 2009, ... 
Printer Friendly Version
01/14/10Spectra Energy Signs Binding Precedent Agreements for Major Pipeline Project to Deliver New Natural Gas Supplies Into New Jersey and New York Area
HOUSTON, Dec. 28 /PRNewswire-FirstCall/ -- Spectra Energy Corp (NYSE: SE) has signed binding precedent agreements with Chesapeake Energy Corporation (Chesapeake, NYSE: CHK), Consolidated Edison (Con Edison, NYSE: ED) and Statoil Natural Gas (Statoil, NYSE: STO) for an expansion of its existing Texas Eastern Transmission (Texas Eastern) and Algonquin Gas Transmission (Algonquin) pipeline systems to deliver new, critically needed natural gas supplies to the New Jersey and New York ar... 
Printer Friendly Version
12/09/09Long Island - New York City Offshore Wind Collaborative to Pursue Ocean Floor/Wildlife Surveys
Expects to Issue RFP Next Spring NEW YORK, NY--(Marketwire - December 9, 2009) - The Long Island - New York City Offshore Wind Collaborative, represented by energy utilities and a host of New York State and New York City agencies, announced today that consultants will soon begin "pre-development activities," such as desktop studies of the ocean's wind, wave and wildlife environment, as part of an effort to develop what could be the largest offshore wind farm proposal in the country. Approxima... 
Printer Friendly Version
12/02/09Robert Hoglund, Con Edison CFO and Senior VP, to Discuss Climate Change on Dec. 9 Webcast
NEW YORK, NY, Dec 02, 2009 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will participate in a discussion on "Dealing with the Pressures of Climate Change Legislation" at the Wells Fargo Securities Utility Conference on Wednesday, December 9, at 10:45 a.m. (Eastern time). The audio-only Webcast will be available on Con Edison's Investor Relations Website, as well as at the conference site (see link below). The replay will... 
Printer Friendly Version
12/01/09Con Edison Announces Public Offering of Common Shares
NEW YORK, NY, Dec 01, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) announced today it has agreed to issue 5,000,000 of its common shares. These common shares are being offered by UBS Investment Bank under Con Edison's effective shelf registration statement filed with the Securities and Exchange Commission. The common shares are expected to be issued on December 4, 2009, subject to customary closing conditions. Con Edison expects to invest the net proc... 
Printer Friendly Version
11/19/09Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Nov 19, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable February 1, 2010, to stockholders of record as of January 13, 2010: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock $1.25... 
Printer Friendly Version
11/13/09John Mucci, Con Edison Engineering and Planning VP, Scheduled for Oppenheimer Webcast on November 17
NEW YORK, NY, Nov 13, 2009 (MARKETWIRE via COMTEX) -- John Mucci, Con Edison's vice president for Engineering and Planning, will speak at the Oppenheimer 4th Annual Industrials Conference on Tuesday, November 17 at 3:30 p.m. Mucci's remarks will be available via Webcast at the following link: http://www.veracast.com/webcasts/opco/industrials09/08111196.cfm Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest investor-owned energy companies, wi... 
Printer Friendly Version
11/02/09Con Edison, Inc. Reports 2009 Third Quarter Earnings
3rd Quarter 2009 Sales and Revenue Report NEW YORK, NY, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported third quarter earnings from ongoing operations, which excludes items discussed in the table below, were $319 million or $1.16 a share compared with $269 million or $0.98 a share in 2008. The company's net income for common stock was $336 million or $1.22 a share compared with $182 million or $0.66 a share in 2008. Excluding ite... 
Printer Friendly Version
11/02/09Craig S. Ivey Named President of Con Edison Company of New York
NEW YORK, NY, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Craig S. Ivey has been named president of Consolidated Edison Company of New York, Inc. (Con Edison), effective November 1. His appointment was announced by Kevin Burke, the chairman, president, and CEO of Consolidated Edison, Inc., the parent company of the regulated subsidiary that serves New York City and Westchester County. Ivey is succeeding Con Edison President and COO Louis Rana, who is retiring after 40 years of service. Ivey, ... 
Printer Friendly Version
10/28/09Robert Hoglund, Con Edison CFO and Senior VP, on Edison Electric Institute Webcast
NEW YORK, NY, Oct 28, 2009 (MARKETWIRE via COMTEX) -- Con Edison's (NYSE: ED) Chief Financial Officer and Senior Vice President Robert Hoglund will make a presentation at the Edison Electric Institute (EEI) Financial Conference on Tuesday, November 3, at 10:30 a.m. (EST). A live webcast of the presentation can be accessed at: http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=ED&item_id=2471702. The archive of the webcast will remain available for 30 days. In addition, the webcast... 
Printer Friendly Version
10/28/09Con Edison Named a Recipient of the 2009 ReliabilityOne(TM) Award in the Northeast Region
Award Recognizes Most Reliable Electric Utilities NationwideNEW YORK, NY, Oct 28, 2009 (MARKETWIRE via COMTEX) -- Con Edison has been recognized by PA Consulting Group as the recipient of the 2009 ReliabilityOne(TM) award in the Northeast Region. The ReliabilityOne(TM) award is given annually to the utilities that have excelled in delivering reliable electric service to their customers. "Our 14,000 people who work throughout New York City and Westchester County remain committed to deliveri... 
Printer Friendly Version
10/27/09Con Edison to Receive $136 Million in Smart Grid Stimulus Funding
Consolidated Edison, Inc. (Con Edison) [NYSE: ED] will receive $136 million in smart grid stimulus funds from the U.S. Department of Energy (DOE), it was announced today. The federal stimulus money would help fund a smart grid program for customers served by Consolidated Edison Company of New York and Orange & Rockland Utilities. The Con Edison program is one of 100 projects that will share $3.4 billion in Smart Grid Investment Grant awards announced earlier today by President Barac... 
Printer Friendly Version
10/20/09Solar Applications Rising
Con Edison Customers See Power in the SunNEW YORK, NY, Oct 20, 2009 (MARKETWIRE via COMTEX) -- Attractive government incentives and changes to the state's net metering law are encouraging more Con Edison customers to go green with alternative energy. And the sun is the most popular source of energy among those looking to use distributed generation, or electricity generated onsite by customers' equipment. The company received 111 applications for distributed generation (http://www.coned.co... 
Printer Friendly Version
10/15/09Con Edison Declares Common Stock Dividend
NEW YORK, NY, Oct 15, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 59 cents a share on its common stock, payable December 15, 2009, to stockholders of record as of November 18, 2009. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $14 billion in annual revenues and $34 billion in assets. The company provides a wide range of energy-related products and ser... 
Printer Friendly Version
09/29/09Con Edison Earns Newsweek ‘Green’ Honors
Con Edison has been cited in Newsweek magazine’s Green Rankings 2009 as one of the most environmentally friendly utility companies in the United States. The news magazine praised Con Edison for its aggressive efforts to control electricity demand and its innovations with the electrical grid. Among utilities, Con Edison received the fifth highest “environmental impact” score in the rankings compiled with the help of experts selected by Newsweek. The company received the sixth highest... 
Printer Friendly Version
09/23/09Carbon Disclosure Project: Con Edison Ranks Again as a Top Performer
NEW YORK, NY -- (Marketwire) -- 09/23/09 -- Consolidated Edison Inc. (Con Edison) has been ranked the No. 1 utility by the Carbon Disclosure Project (CDP) in a first-time measurement of companies' climate-change performance actions, and also has received dual 7th place rankings in the Carbon Disclosure Leadership Index's (CDLI) S&P 500-utility and global utility categories. According to the CDP, this year's report, produced by PricewaterhouseCoopers, received the highest response rate e... 
Printer Friendly Version
09/17/09Con Edison CEO Kevin Burke on September 23rd Webcast
NEW YORK, NY, Sep 17, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (NYSE: ED) Chairman, President and CEO Kevin Burke will participate in a panel discussion at the Bank of America Merrill Lynch Power & Gas Leaders Conference on Wednesday, September 23, 2009. The panel is titled "Energy Delivery," and Burke's presentation will begin at approximately 11:00 a.m. EDT. A live audio webcast of the presentation can be accessed at: http://www.veracast.com/webcasts/bas/powergas09/id97... 
Printer Friendly Version
09/09/09Con Edison on Dow Jones Sustainability Index
List Spotlights Corporate LeadershipNEW YORK, NY, Sep 09, 2009 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) has been named to the Dow Jones Sustainability Index (DJSI) for North America, an elite, annually issued list that analyzes corporate performance in order to highlight leading companies from an economic, environmental, and social perspective. The DJSI's best-in-class approach identifies sustainability leaders from each industry on global and regional levels. The analysis is condu... 
Printer Friendly Version
09/02/09Con Edison CFO Robert Hoglund to Present at Barclays Capital CEO Energy/Power Conference
NEW YORK, NY, Sep 02, 2009 (MARKETWIRE via COMTEX) -- Con Edison Senior Vice President and Chief Financial Officer Robert Hoglund will make a presentation to the investment community at the Barclays Capital 2009 CEO Energy/Power Conference on Wednesday, September 9, 2009 at 12:25 p.m. ET. Live audio webcast and replay will be available on the Con Edison Investor Relations website, www.conEd.com or via the link below: http://cc.talkpoint.com/barc002/090909b_rb/?entity=70_HWRWI2I Consol... 
Printer Friendly Version
08/31/09Con Edison Issues New Request for Smart Grid Stimulus Funding
Partners With City of New York, The Boeing Company, Columbia University & Others to Make Metro Region a Smart Grid LeaderNEW YORK, NY, Aug 31, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (NYSE: ED) (Con Edison) has joined with energy experts and researchers from the public and private sectors in filing for smart grid stimulus funds from the U.S. Department of Energy (DOE). The applications request approximately $46 million to help fund smart grid demonstration projects for cust... 
Printer Friendly Version
08/20/09Con Edison Delivering the Juice: Customers Break Monday's 2009 Peak Use Record
NEW YORK, NY, Aug 20, 2009 (MARKETWIRE via COMTEX) -- Con Edison customers broke a 2009 peak-electricity demand record today for the third time in 10 days when the company delivered 12,083 megawatts (MW) at 5 p.m. It's the first day peak demand topped 12,000 megawatts (MW) this year and the 30th time in company history since the milestone was first crossed in 2001. Today's electricity draw handily surpassed Monday's 11,937 MW and the next highest mark of 11,821 MW, set 10 days ago. T... 
Printer Friendly Version
08/17/09Con Edison Customers Set Peak Record for 2009 Electricity Use
NEW YORK, NY, Aug 17, 2009 (MARKETWIRE via COMTEX) -- Con Edison customers broke the 2009 record for peak electricity use when the company delivered 11,937 megawatt hours (MWH) at 3 p.m. today. Usage at 5 p.m. was 11,935 MWH, falling just short of the 3 p.m. figure. Before today, the high for the year was 11,821 MWH, set a week ago. Today's preeminent peak demand indicates customers are feeling the heat, but in a year with milder-than-normal average weather, even today's usage falls short... 
Printer Friendly Version
08/07/09Con Edison Requests $172 Million in Smart Grid Stimulus Funding
NEW YORK, NY, Aug 07, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (NYSE: ED) announced today that the company has filed the first phase of its applications for smart grid stimulus funds from the U.S. Department of Energy (DOE). The applications request approximately $172 million in federal stimulus dollars to help fund smart grid projects in the service areas of Con Edison Company of New York, Inc. and Orange & Rockland Utilities, Inc. Later this month, the company expects to... 
Printer Friendly Version
08/04/09Con Edison, Inc. Reports 2009 Second Quarter Earnings
2nd Quarter 2009 Sales and Revenue Report NEW YORK, NY, Aug 04, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported second quarter earnings of $150 million or $0.55 a share compared with $552 million or $2.02 a share in 2008. Excluding items identified in the table below, earnings from ongoing operations were $131 million or $0.48 a share compared with $114 million or $0.42 a share in 2008. The company's net income for common stock for the fi... 
Printer Friendly Version
08/04/09Con Edison Launches Smart Grid Pilot Program in Queens
Will Test Solar Energy, Smart Meters, Plug-In Car TechnologyNEW YORK, NY, Aug 04, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (NYSE: ED) announced today that it is launching a $6 million smart grid pilot program in northwest Queens that will test how various technologies support efforts to modernize the electric grid. It will provide customers with more information about their energy usage, and help customers use energy more efficiently and save on their e... 
Printer Friendly Version
07/16/09Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Jul 16, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable November 1, 2009, to stockholders of record as of October 14, 2009: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock ... 
Printer Friendly Version
07/16/09Con Edison Declares Common Stock Dividend
NEW YORK, NY, Jul 16, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 59 cents a share on its common stock, payable September 15, 2009, to stockholders of record as of August 19, 2009. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $14 billion in annual revenues and $34 billion in assets. The company provides a wide range of energy-related products and serv... 
Printer Friendly Version
06/30/09Con Edison Names Robert Muccilo New Controller
NEW YORK, NY, Jun 30, 2009 (MARKETWIRE via COMTEX) -- Robert Muccilo, an employee of Con Edison for 31 years, has been promoted to vice president and controller, succeeding Edward J. Rasmussen, who is retiring. Muccilo, the assistant controller, will start his new job on July 1. A native of Bergen County, N.J., Muccilo has held numerous management positions at Con Edison, including senior accountant, supervisor and department manager. As assistant controller, he was responsible for all fa... 
Printer Friendly Version
06/02/09ConEdison Solutions Subsidiary Honored by United States Postal Service
BGA, Inc. Earns 'Supplier Performance Award'WHITE PLAINS, NY, Jun 02, 2009 (MARKETWIRE via COMTEX) -- BGA, Inc., a subsidiary of ConEdison Solutions -- one of the country's leading energy services companies, has earned a Supplier Excellence Award under the 2008 United States Postal Service (USPS) Supplier Performance Awards Program. The award recognizes companies designated as "key suppliers" that demonstrate "outstanding supply chain management performance" and maintain "positive business... 
Printer Friendly Version
06/01/09Go Green for Less Green: ConEdison Solutions Now Offers 'Green Power' to Connecticut Businesses and Households
Environmentally Friendly Option Costs Less Than Utilities' Electricity PricesWHITE PLAINS, NY, Jun 01, 2009 (MARKETWIRE via COMTEX) -- ConEdison Solutions, one of the nation's leading energy services companies, is now offering clean and renewable "Green Power" to Connecticut households and small businesses at a price lower than current utility electricity rates. This limited time offer allows consumers to save money while at the same time helping the environment. Energy users who choose C... 
Printer Friendly Version
05/20/09Con Edison Invests $1.5 Billion for Summer '09
Incentives for Customers to Reduce Energy UseNEW YORK, NY, May 20, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison) is investing approximately $1.5 billion this year to upgrade and reinforce its electric delivery system, including upgrading multiple transformers, and replacing and installing approximately 2,000 miles of electrical cable -- more than enough cable to extend from New York City to Denver. The $1.5 billion in overall system investments ... 
Printer Friendly Version
05/18/09Con Edison, Inc. Announces 2009 Earnings Guidance
NEW YORK, NY, May 18, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced that it expects its earnings per share from ongoing operations for 2009 to be in the range of $3.00 to $3.20 a share. Earnings per share from ongoing operations excludes the net mark-to-market effects of the competitive energy businesses. The announced earnings guidance considers the effects of the recently-approved Consolidated Edison Company of New York, Inc. electric... 
Printer Friendly Version
05/18/09Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, May 18, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) (NYSE: ED) today declared the following quarterly dividends on its outstanding preferred stock, payable August 1, 2009, to stockholders of record as of July 15, 2009: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock ... 
Printer Friendly Version
05/18/09Con Edison CEO Kevin Burke Optimistic Due to New York's Vitality
Cites Solid Performance and Notes Annual Dividend Up for 35th Year in a RowNEW YORK, NY, May 18, 2009 (MARKETWIRE via COMTEX) -- Con Edison (NYSE: ED) Chairman and CEO Kevin Burke told shareholders at the company's annual meeting today that he was optimistic about the company's future because of New York's vitality. Burke cited the company's EnergyNY Plan for meeting the area's energy needs, noted the company's solid performance, and reminded shareholders that Con Edison raised its annual d... 
Printer Friendly Version
05/12/09Con Edison CFO, Senior VP Robert Hoglund to Address Utility Conference
NEW YORK, NY, May 12, 2009 (MARKET WIRE via COMTEX) -- Who: Robert Hoglund, Con Edison Senior Vice President and Chief Financial Officer What: Goldman Sachs Ninth Annual Power and Utility Conference. Hoglund will participate as a panelist in a discussion about "The Cost of Capital - Balancing Dividends, Growth and Leverage." When: Tuesday, May 19, 2009 10:00 a.m. (EDT). The webcast will be available on Con Edison's Investor Relations Web site (audio only): http://investor.... 
Printer Friendly Version
05/08/09Con Edison Files New 3-Year Electric Rate Plan for April 2010
Follows PSC Request to Submit 3-Year Plan for Delivery Rate StabilityNEW YORK, NY, May 08, 2009 (MARKETWIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison) today submitted its new electric delivery rate and investment plan filing for April 2010 through 2013, mapping out a three-year proposal to provide delivery rate certainty for businesses and customers, as urged by the State Public Service Commission (PSC). The PSC's recent rate case ruling on April 24, "encourag... 
Printer Friendly Version
05/08/09Con Edison of New York's Rate Case Filing - May 8, 2009
... 
Printer Friendly Version
05/04/09Con Edison Forecasts Lower Summer Bills, Despite Tax Increases, but Urges New Yorkers to Conserve Energy
NEW YORK, NY, May 04, 2009 (MARKET WIRE via COMTEX) -- Con Edison estimates summer electric bills will drop overall compared with last year due to lower energy supply costs, but the company urges customers to save even more money, and to save the environment, by continuing to conserve energy. Con Edison is estimating that a typical monthly bill for a New York City residential customer using 350 kilowatt hours (kWh) per month will average about $96.27 for the June-September period, down fro... 
Printer Friendly Version
05/01/09Con Edison, Inc. Reports 2009 First Quarter Earnings
1st Quarter 2009 Sales and Revenue Report NEW YORK, NY, May 01, 2009 (MARKET WIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported first quarter earnings of $180 million or $0.66 a share compared with $303 million or $1.11 a share in 2008. Excluding items identified in the table below, earnings from ongoing operations were $214 million or $0.78 a share compared with $237 million or $0.87 a share in 2008. "Our first quarter results were in line with our expect... 
Printer Friendly Version
04/29/09Con Edison CFO to Participate in American Gas Association Financial Forum
NEW YORK, NY, Apr 29, 2009 (MARKET WIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will make a presentation to the investment community at the American Gas Association Financial Forum. The presentation will be Webcast live on Monday, May 4, 2009 at 3:40 p.m. (EDT). A live audio Webcast of the presentation can be heard on the conference Web site, at http://www.wsw.com/webcast/aga8/ed/, where a replay wi... 
Printer Friendly Version
04/16/09Con Edison Declares Common Stock Dividend
NEW YORK, NY, Apr 16, 2009 (MARKET WIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 59 cents a share on its common stock, payable June 15, 2009, to stockholders of record as of May 13, 2009. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $14 billion in annual revenues and $33 billion in assets. The company provides a wide range of energy-related products and services to... 
Printer Friendly Version
04/07/09Con Edison Solutions Brings Electricity Savings to Connecticut Businesses and Households
UI Customers Can Lower Their Electricity BillsWHITE PLAINS, NY, Apr 07, 2009 (MARKET WIRE via COMTEX) -- ConEdison Solutions, one of America's leading energy services companies, is offering Connecticut residential and small business customers the opportunity to save on their 2009 United Illuminating (UI) electricity bills. Savings, compared to existing utility rates, can be significant and are projected to last throughout 2009. ConEdison Solutions' residential fixed electricity generation ... 
Printer Friendly Version
03/30/09Con Edison Solutions Now Offers Lower Electricity Prices to New Jersey Businesses
New Market Dynamics Can Deliver Savings as High as 15% PercentCHERRY HILL, NJ, Mar 30, 2009 (MARKET WIRE via COMTEX) -- As the result of the recent and unprecedented drop in energy prices, ConEdison Solutions -- one of America's leading energy services companies -- is now offering New Jersey businesses and institutions up to 15 percent savings on their electricity supply bills. "Especially in today's difficult economy, reducing energy spending makes tremendous financial sense," said Jorge L... 
Printer Friendly Version
03/05/09Con Edison Eyes Solar for Homes, Businesses
NEW YORK, NY, Mar 05, 2009 (MARKET WIRE via COMTEX) -- Con Edison has filed a proposal with the Public Service Commission (PSC) for an 18-month solar energy pilot program encompassing homes, businesses, and the company's own facilities, with the goal of generating 12 megawatts (MW) of solar electricity by 2011. One megawatt can power approximately 1,000 homes. Con Edison's filing this week supports solar power recommendations from Governor Paterson's Renewable Energy Task Force as well as... 
Printer Friendly Version
02/19/09Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Feb 19, 2009 (MARKET WIRE via COMTEX) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding preferred stock, payable May 1, 2009, to stockholders of record as of April 15, 2009: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock $1.25 Cumulative Pre... 
Printer Friendly Version
02/02/09Con Edison Installs Over 65 Miles of New Gas Main in 2008
Green Program to Recycle More Than 75 Tons of Unused Scrap Plastic From Gas PipesNEW YORK, NY, Feb 02, 2009 (MARKET WIRE via COMTEX) -- As part of the company's ongoing infrastructure investment program, Con Edison announced today that it had installed over 65 miles of new natural gas main piping in 2008. In most cases, it replaced smaller cast iron and uncoated steel pipe with larger diameter or higher pressure main to increase capacity and prepare for future growth. The company is establi... 
Printer Friendly Version
01/22/09Con Edison Reports 2008 Earnings
4th Quarter 2008 Sales and Revenue Report NEW YORK, NY, Jan 22, 2009 (MARKET WIRE via COMTEX) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2008 earnings of $1,196 million or $4.38 a share compared with $929 million or $3.49 a share in 2007. Excluding items identified in the table below, earnings from ongoing operations were $820 million or $3.00 a share compared with $930 million or $3.50 a share in 2007. For the fourth quarter of 2008, the company's earnings were ... 
Printer Friendly Version
11/21/08Con Edison Seeks Contractors for Demand Side Management in NYC and Westchester
Demand Reductions Complement Infrastructure InvestmentsNEW YORK, NY, Nov 21, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison is soliciting proposals from qualified parties for demand side management (DSM) measures, for an aggregate of 30 megawatts (MW) of demand reduction, in targeted areas of New York City and Westchester. Targeted DSM programs are designed to permanently reduce customer electric demand by installing energy efficient lighting, refrigeration, air conditioning and/... 
Printer Friendly Version
11/20/08Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Nov 20, 2008 (MARKET WIRE via COMTEX News Network) -- - Consolidated Edison Company of New York, Inc. (Con Edison of New York) (NYSE: ED) today declared the following quarterly dividends on its outstanding preferred stock, payable February 1, 2009, to stockholders of record as of January 14, 2009: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 Cumu... 
Printer Friendly Version
11/12/08Steam Case Settlement Approved by Public Service Commission
NEW YORK, NY, Nov 12, 2008 (MARKET WIRE via COMTEX News Network) -- The New York State Public Service Commission today approved a $37 million settlement with Con Edison to resolve the Commission's prudence investigation evaluating the company's actions and practices relating to the Lexington Avenue - East 41st Street steam event. Under the settlement, Con Edison will not seek to recover from customers some $37 million in costs related to the incident. The July 18, 2007 steam incident in mi... 
Printer Friendly Version
11/07/08Con Edison, Inc. Reports 2008 Third Quarter Earnings
3rd Quarter 2008 Sales and Revenue Report NEW YORK, NY, Nov 07, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2008 third quarter earnings of $182 million or $0.66 a share compared with $312 million or $1.15 a share in 2007. Excluding items discussed in the table below, earnings from ongoing operations were $269 million or $0.98 a share compared with $321 million or $1.18 a share in the 2007 third quarter. The company's net ... 
Printer Friendly Version
11/05/08Con Edison CFO to Participate in Edison Electric Institute Financial Conference
NEW YORK, NY, Nov 05, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will present to the investment community at the Edison Electric Institute 43rd Financial Conference. Mr. Hoglund's presentation will be webcast live on Tuesday, November 11 at 10:30 a.m. MST. The live audio webcast of the discussion can be accessed on the conference Web site at: http://www.corporate-ir.net/ir... 
Printer Friendly Version
10/24/08Con Edison Receives Award for Outstanding System-Wide Reliability
New York Utility Also Receives ReliabilityOne(TM) Award for Northeast RegionNEW YORK, NY, Oct 24, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison has received PA Consulting Group's 2008 Outstanding System-Wide Reliability Award and also the organization's 2008 ReliabilityOne(TM) award for the Northeast Region. Both awards are given annually to utilities that have excelled in delivering reliable electric service to their customers. "Behind every light switch in Con Edison's service ... 
Printer Friendly Version
10/16/08Con Edison Declares Common Stock Dividend
NEW YORK, NY, Oct 16, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 58 1/2 cents a share on its common stock, payable December 15, 2008, to stockholders of record as of November 12, 2008. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $30 billion in assets. The company provides a wide range of energy-relat... 
Printer Friendly Version
09/30/08Con Edison Cited for Environmental Excellence
NEW YORK, NY, Sep 30, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. has been cited for environmental excellence in two recent rankings recognizing overall corporate governance efforts for taking responsibility and developing a management approach to address climate change. Consolidated Edison was ranked second in North America and fourth internationally among 26 multi-utility companies rated in a 2008 survey by Innovest Strategic Value Advisors, an entity providin... 
Printer Friendly Version
09/30/08ConEdison Solutions' Subsidiary Wins Approval From the State of Arizona to Deliver Energy Services to Public Facilities
WHITE PLAINS, NY, Sep 30, 2008 (MARKET WIRE via COMTEX News Network) -- ConEdison Solutions, one of America's leading energy service providers, announced that its wholly owned subsidiary, Custom Energy Services, LLC, has been granted an award as an Energy Performance Contractor for the State of Arizona. As a State-accredited energy services company, the firm is entitled to participate in Arizona's Energy Performance Contracting program, which provides energy efficiency services to state ag... 
Printer Friendly Version
09/18/08Con Edison CFO to Participate in Merrill Lynch Global Power and Gas Leaders Conference
NEW YORK, NY, Sep 18, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will present to the investment community at the Merrill Lynch Global Power and Gas Leaders conference on Tuesday, September 23. He will address investors as part of a panel beginning at 2:15 p.m. (EDT). The live audio webcast of the discussion can be accessed at http://www.veracast.com/webcasts/ml/powergas08/8... 
Printer Friendly Version
08/28/08Con Edison Installs Its First Green Roof
A Collaborative Effort With Columbia University Brings an Energy-Saving Rooftop Garden to QueensNEW YORK, NY, Aug 28, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison's (NYSE: ED) first "green roof," a new energy-saving plant system, is growing on the company's three-story Learning Center training and conference facility in Long Island City. Con Edison expects the green roof to improve air quality and to conserve energy by reducing the amount of heat absorbed by conventional roofs. ... 
Printer Friendly Version
08/28/08Con Edison CEO to Participate in Lehman Brothers CEO Energy/Power Conference
NEW YORK, NY, Aug 28, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President and CEO Kevin Burke will make a presentation to the investment community at the Lehman Brothers CEO Energy/Power Conference in New York City. The presentation will be webcast live on Wednesday, September 3, 2008 at 4:25 p.m. (EDT). A live audio webcast of the presentation can be heard on the conference Web site, at http://cc.talkpoint.com/LEHM002/090208... 
Printer Friendly Version
08/07/08Con Edison, Inc. Reports 2008 Second Quarter Earnings
2nd Quarter 2008 Sales and Revenue Report NEW YORK, NY, Aug 07, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2008 second quarter earnings of $552 million or $2.02 a share compared with $154 million or $0.58 a share in 2007. Excluding items discussed in the table below, earnings from ongoing operations were $114 million or $0.42 a share compared with $155 million or $0.58 a share in the 2007 second quarter. The company's n... 
Printer Friendly Version
08/01/08Con Edison Sets New Record for Monthly Energy Use
NEW YORK, NY, Aug 01, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) said today that July set a record for monthly electricity sendout of 6,702,321 megawatt hours, surpassing the previous mark of 6,649,832 used during August 2005. Sendout is the cumulative amount of energy distributed over the company's power grid. The July sendout translates to 6.7 billion kilowatt hours. A typical Con Edison customer in New York City uses approximately 350 kilowatt hours a month. Th... 
Printer Friendly Version
08/01/08ConEdison Solutions to Provide Energy Services for the New York Power Authority
Company selected through competitive bidding process WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ConEdison Solutions, one of America’s leading energy service providers, has been awarded a contract through competitive bidding to provide energy services for the New York Power Authority (NYPA), the nation’s largest state-owned power organization. NYPA, which provides low-cost electricity to New York customers that include government agencies, community-owned electric systems, private uti... 
Printer Friendly Version
07/20/08Con Edison Urges Customers in Sunset Park, Bay Ridge, Borough Park and Park Slope to Reduce Their Use of Electricity
NEW YORK, NY, Jul 20, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison is asking all customers in Sunset Park, Bay Ridge, Borough Park, and Park Slope to discontinue their use of non-essential electrical appliances, including air-conditioning, until problems on electrical power lines serving the area can be resolved. The company is reporting power outages to approximately 2,000 customers in that area at this time. As a precaution, Con Edison has implemented an eight percent voltage... 
Printer Friendly Version
07/20/08Power Restoration in Brooklyn Continues
NEW YORK, NY, Jul 20, 2008 (MARKET WIRE via COMTEX News Network) -- More than 1,100 customers in Sunset Park, Bay Ridge and Borough Park have had their electrical power restored since this morning. Approximately 900 customers remain without electricity and most are expected to be restored by tonight, with the remainder being restored early tomorrow morning. Customer service vans have been set up at the following locations, where dry ice is being distributed: -- 41st Street and 10th A... 
Printer Friendly Version
07/20/08Con Edison to Distribute Dry Ice to Residents in Parts of Brooklyn
NEW YORK, NY, Jul 20, 2008 (MARKET WIRE via COMTEX News Network) -- While Con Edison crews work to repair electrical power lines serving residents of Sunset Park, Bay Ridge, Borough Park, and Park Slope, the company has dispatched customer service vans to the affected areas and will be distributing dry ice to customers. Con Edison crews have begun restoring power to customers in the affected area. Approximately 600 customers have had their power restored, with approximately 1,150 customers... 
Printer Friendly Version
07/18/08The Heat Is Back: Conserve, Stay Cool & Save Money
Energy-Saving Ideas on Web Site NEW YORK, NY, Jul 18, 2008 (MARKET WIRE via COMTEX News Network) -- As 90-degree temperatures settle over the region this weekend and early next week, Con Edison reminds customers to use energy wisely and save on their bills. To conserve energy, the company recommends that customers take the following steps: -- Turn off air conditioners, lights and other appliances when not at home and use a timer to turn on your air conditioner about a half-hour ... 
Printer Friendly Version
07/17/08Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Jul 17, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) (NYSE: ED) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable November 1, 2008, to stockholders of record as of October 1, 2008: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferre... 
Printer Friendly Version
07/17/08Con Edison Declares Common Stock Dividend
NEW YORK, NY, Jul 17, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 58 1/2 cents a share on its common stock, payable September 15, 2008, to stockholders of record as of August 13, 2008. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $29 billion in assets. The company provides a wide range of energy-relate... 
Printer Friendly Version
06/24/08Con Edison Introduces a Greener Vehicle Fleet
Earth Day Every DayNEW YORK, NY, Jun 24, 2008 (MARKET WIRE via COMTEX News Network) -- To enhance its commitment to environmental excellence, Con Edison announced today that the company is increasing the use of environmentally friendly biodiesel fuel in its truck fleet and expanding its acquisition of green vehicles. Con Edison's fleet of approximately 1,700 diesel trucks is using cleaner-burning B-20 biodiesel fuel, 20 percent of which is derived from soybeans. The soy-based portion of th... 
Printer Friendly Version
05/29/08Con Edison Honored by EPA for Removing Oil Filled Lead Cable
Company Has Already Replaced 4,000 Miles With "Green" CableNEW YORK, NY, May 29, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) was recognized today by the U. S. Environmental Protection Agency (EPA) for environmental excellence. The company has joined the EPA's National Partnership for Environmental Priorities Program and committed to replacing, on average, 120 miles of paper insulated leaded covered cable (PILC) with non-leaded so... 
Printer Friendly Version
05/28/08Con Edison Invests Record $1.7 Billion for Summer '08
Installs Nearly 10 Million Feet of New Cable; Repeats Call for More Energy Efficiency Programs and ConservationNEW YORK, NY, May 28, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) is investing more than $1.7 billion this year to upgrade and reinforce its electric delivery system, while continuing to urge the creation of more energy efficiency programs, for more than 9 million people in New York City and Westchester County (see www.con... 
Printer Friendly Version
05/23/08Con Edison Expands Demand Response Program
Reducing Peak Electricity UseNEW YORK, NY, May 23, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison is expanding its demand response program for participating commercial and industrial customers who temporarily reduce their use of electricity on certain hot summer days. The new program incentives, designed to take effect this summer, will increase payments for commercial customers who commit to reducing their electricity use by a minimum of 50 kilowatts when requested. For exampl... 
Printer Friendly Version
05/22/08Con Edison CFO to Participate in Deutsche Bank Energy and Utilities Conference
NEW YORK, NY, May 22, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will present to the investment community at the Deutsche Bank 2008 Energy and Utilities Conference on Wednesday, May 28. The presentation will be webcast at 8:20 a.m. EDT. The live audio webcast of the presentation can be heard at the conference Web site, http://www.corporate-ir.net/ireye/conflobby.zhtml?tick... 
Printer Friendly Version
05/19/08Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, May 19, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding preferred stock, payable August 1, 2008, to stockholders of record as of July 9, 2008: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.16... 
Printer Friendly Version
05/19/08Con Edison to Shareholders: Energy Efficiency and Continuing Investment Needed to Meet Growing Record Demand
EnergyNY Two-Pronged Plan Emphasized to Meet Power NeedsNEW YORK, NY, May 19, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President and CEO Kevin Burke told shareholders attending today's annual meeting about Con Edison's EnergyNY program, a two-pronged plan to meet the region's power needs. "Our Energy New York plan offers customers ways to consume less energy," said Burke. "But the energy savings achieved through efficiency wo... 
Printer Friendly Version
05/09/08Con Edison CFO Robert Hoglund to Participate in Goldman Sachs Power and Utility Conference
NEW YORK, NY, May 09, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) Senior Vice President and Chief Financial Officer Robert Hoglund will participate with other utility executives in a panel discussion titled "Rates of Return - Where are They Heading?" at the Goldman Sachs Eighth Annual Power and Utility Conference. The panel discussion will be webcast live on Tuesday, May 13, at 10:30 a.m. (EDT). A live audio webcast of the panel discussion can be he... 
Printer Friendly Version
05/09/08Con Edison Files New Energy Investment Plan With Rate Proposals for 2009 and Beyond
PSC Rate Filing Company Cites Rising Equipment Costs and New Area Needs for Infrastructure Improvements & Energy Efficiency ProgramsNEW YORK, NY, May 09, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) today announced that the company is filing new electric rate and investment plans with the New York State Public Service Commission (PSC) to begin April 1, 2009. Adding another phase to the company's EnergyNY plan, the rate pro... 
Printer Friendly Version
05/02/08Con Edison Names James P. O'Brien Vice President, Treasurer
NEW YORK, NY, May 02, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison Chairman, President and CEO Kevin Burke today announced that James P. O'Brien was named Con Edison's vice president and treasurer, effective May 1. "Jim brings more than three decades of Con Edison experience to his new position," said Burke. "The company was recently named to Audit Integrity's Top 100 list. This recognition of corporate excellence is a testament to Jim's leadership and commitment to the princi... 
Printer Friendly Version
05/02/08Con Edison, Inc. Reports 2008 First Quarter Earnings
1st Quarter 2008 Sales and Revenue Report NEW YORK, NY, May 02, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2008 first quarter earnings of $303 million or $1.11 a share compared with $256 million or $0.99 a share in 2007. Excluding items discussed in the table below, earnings from ongoing operations were $237 million or $0.87 a share compared with $263 million or $1.02 a share in the 2007 first quarter. "Our financial re... 
Printer Friendly Version
05/01/08Con Edison CFO to Participate in American Gas Association Financial Forum
NEW YORK, NY, May 01, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will present to the investment community at the American Gas Association Financial Forum. Mr. Hoglund's presentation will be webcast live on Monday, May 5, at 3 p.m. EDT. The live audio webcast of the presentation can be accessed on the conference Web site, at http://www.wsw.com/webcast/aga7/ed/, where a repl... 
Printer Friendly Version
05/01/08Con Edison Solutions' National Growth Strategy Advances Energy Services Company Acquires Custom Energy of Kansas
WHITE PLAINS, N.Y., May 01, 2008 (BUSINESS WIRE) -- ConEdison Solutions, one of America's leading energy service providers, has acquired Custom Energy Services, LLC, of Overland Park, Kansas, an energy services company serving a national portfolio of clients. The acquisition is the latest milestone in a corporate expansion strategy that has established ConEdison Solutions as a national market leader in both the energy services and energy commodity marketplaces. "ConEdison Solutions has ... 
Printer Friendly Version
04/23/08Con Edison Joins Climate Registry for Voluntary Reporting of Greenhouse Gas Emissions
Company One of 20 Participating North American UtilitiesNEW YORK, NY, Apr 23, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) announced today that it has become a founding reporter of the Climate Registry. Aimed at developing and managing a voluntary greenhouse gas (GHG) emissions reporting system, the Climate Registry is a collaboration between 39 states, the District of Columbia, three Native American tribes, seven Canadian provinces, and six Mexican ... 
Printer Friendly Version
04/17/08Con Edison Declares Common Stock Dividend
NEW YORK, NY, Apr 17, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 58-1/2 cents a share on its common stock, payable June 15, 2008, to stockholders of record as of May 14, 2008. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $28 billion in assets. The company provides a wide range of energy-related product... 
Printer Friendly Version
04/16/08Con Edison Named in Top 100 Audit Integrity Report
Company Cited for Corporate ExcellenceNEW YORK, NY, Apr 16, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) has been named in Audit Integrity's Top 100 report, which recognizes companies that show superior corporate integrity. The Top 100 report only includes firms that have consistently high Accounting and Governance Risk (AGR) ratings. They are based on accounting practices and a management team with the potential to foresee and plan for difficult times. "Con Ediso... 
Printer Friendly Version
04/15/08Con Edison Proposes New Energy Efficiency Programs for a Cleaner, Greener New York
NEW YORK, NY, Apr 15, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) has filed a plan with the New York State Public Service Commission (NYSPSC) asking that a package of new energy efficiency programs be approved for implementation this summer. "Con Edison's proposals represent a major part of the company's overall effort to achieve at least 500 megawatts (MW) of demand reduction by 2015," said Rebecca Craft, Con Edison's Director o... 
Printer Friendly Version
03/17/08Con Edison Names Carole Sobin Secretary and Associate General Counsel
NEW YORK, NY, Mar 17, 2008 (MARKET WIRE via COMTEX News Network) -- Carole Sobin has been named Con Edison's (NYSE: ED) secretary and associate general counsel, effective April 1. She had been vice president of Purchasing for Con Edison since March 2002. Sobin joined Con Edison in 1988 as a senior attorney and had served as general solicitor in the company's Law Department. Sobin had also served as assistant to the Chairman. Before joining the company, she was an attorney with the Natio... 
Printer Friendly Version
03/07/08Con Edison Sets Record for Winter Electricity
Visit EnergyNY to View Investment Plans & Conservation TipsNEW YORK, NY, Mar 07, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison set a record for winter electricity delivery of 14,732,319 megawatt hours in December through February. That topped the 14,443,186 megawatt-hour record set last year. This winter's record usage follows the 2007 annual record usage of 62,591 gigawatt hours (GWh). One gigawatt hour equals 1,000 megawatt hours. A megawatt is enough electricity to power appro... 
Printer Friendly Version
03/05/08Con Edison to Initiate Energy Demand Reduction Programs in Lower Manhattan and Middle of Staten Island
Demand Side Management Complements Company's Infrastructure Investment EffortsNEW YORK, NY, Mar 05, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison is targeting both Lower Manhattan and the middle part of Staten Island with demand reduction programs designed to reduce customer electric demand, even as the company is concurrently embarking on its most aggressive substation building program in 30 years. Public Energy Solutions of Englewood, N.J., a subsidiary of Comverge Inc., will ... 
Printer Friendly Version
02/21/08Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Feb 21, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding preferred stock, payable May 1, 2008, to stockholders of record as of April 9, 2008: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock $1.25 Cumul... 
Printer Friendly Version
02/13/08Con Edison Launches EnergyNY to Heighten Awareness of Energy Needs & the Environment
NEW YORK, NY, Feb 13, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison introduced the EnergyNY program today, emphasizing information and programs on the company's Web site, www.conEd.com, designed to get New Yorkers thinking about their energy use and future needs. The EnergyNY program outlines the increasing energy usage in New York City and Westchester County, the infrastructure investments the company is making to support the area's economic growth and the steps people can tak... 
Printer Friendly Version
02/01/08Con Edison CFO to Participate in Credit Suisse Energy Summit
NEW YORK, NY, Feb 01, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will make a presentation to the investment community in a live Web cast during the 2008 Credit Suisse Energy Summit on February 5 at 9:30 a.m. Mountain Standard Time. The summit takes place in Vail, Colorado. His presentation can be heard on the conference Web site http://w.on24.com/r.htm?e=103263&s=1&k=5871E... 
Printer Friendly Version
01/24/08Con Edison Names Gurudatta Nadkarni Vice President, Strategic Planning
NEW YORK, NY, Jan 24, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison Chairman and CEO Kevin Burke today announced that Gurudatta Nadkarni was named Con Edison's vice president, Strategic Planning. Nadkarni's appointment was effective January 1. Mr. Nadkarni will report to Chief Financial Officer Robert Hoglund and will be responsible for all aspects of the company's strategic planning function. "Guru has extensive experience, both within and outside the utility industry," sai... 
Printer Friendly Version
01/24/08Con Edison Reports 2007 Earnings
4th Quarter and Full Year 2007 Sales and Revenue ReportNEW YORK, NY, Jan 24, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2007 earnings of $929 million or $3.49 a share compared with $737 million or $2.96 a share in 2006. For the fourth quarter of 2007, the company's earnings were $207 million or $0.76 a share compared with $201 million or $0.78 a share for the fourth quarter of 2006. "Our 2007 financial performance reflec... 
Printer Friendly Version
01/18/08Stray Voltage Shocks Drop Nearly 80 Percent; New Technology and More Testing Make New Yorkers Safer
NEW YORK, NY, Jan 18, 2008 (MARKET WIRE via COMTEX News Network) -- Con Edison's comprehensive stray voltage testing and prevention programs are working. In a report posted today on the company's Web site (www.conEd.com/publicissues/safety.asp), Con Edison reported a 78-percent decline in the number of electric shocks since 2004, when its safety efforts began. Forty-six electric shocks on company-owned equipment were reported in 2007 compared with 210 in 2004. The core of Con Edison's ... 
Printer Friendly Version
01/07/08Con Edison Delivers Record Electricity in 2007
NEW YORK, NY, Jan 07, 2008 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that the company delivered a record amount of electricity to customers in New York City and Westchester County in 2007, spurred largely by the region's growing economy. Last year's usage of 62,591 gigawatt hours (GWh) eclipsed the record of 61,608 GWh set in 2005, and is more than 23 percent higher than the 50,837 GWh used in 1997. According to t... 
Printer Friendly Version
12/27/07Steam Report: Bubble-Collapse Water Hammer Caused Lexington Avenue Incident
NEW YORK, NY, Dec 27, 2007 (MARKET WIRE via COMTEX News Network) -- The steam pipe rupture at Lexington Avenue and East 41 Street on July 18 was caused by a bubble-collapse water hammer that generated a momentary force against the pipe's wall that was more than seven times greater than the pipe's normal operating pressure, according to reports issued today by two independent experts commissioned by Con Edison. The pipe itself was found to be in good condition and did not contribute to the ... 
Printer Friendly Version
12/10/07Con Edison Announces Agreement to Sell Generation Projects to North American Energy Alliance
NEW YORK, NY, Dec 10, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today that its wholly-owned subsidiary, Consolidated Edison Development (CED), has agreed to sell 1,706 megawatts (MW) of generation projects to North American Energy Alliance, LLC, a new entity jointly owned and controlled by AllCapital and IFM for $1.477 billion in cash, subject to closing adjustments. The sale is subject to federal and state regulatory approva... 
Printer Friendly Version
11/15/07Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Nov 15, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding preferred stock, payable February 1, 2008, to stockholders of record as of January 9, 2008: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock $1.25 C... 
Printer Friendly Version
11/02/07Con Edison CEO to Participate in Edison Electric Institute Financial Conference
NEW YORK, NY, Nov 02, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President, and CEO Kevin Burke will make a presentation to the financial community at the Edison Electric Institute's 42nd Financial Conference next week. Mr. Burke's presentation will be webcast live on Tuesday, November 6, at 10:30 a.m. EST. The live audio webcast of the discussion can be accessed on the conference Web site, at http://www.corporate-ir.net/ireye... 
Printer Friendly Version
11/01/07Con Edison, Inc. Reports 2007 Third Quarter Earnings
3rd Quarter 2007 Sales and Revenue Report NEW YORK, NY, Nov 01, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2007 third quarter earnings of $312 million or $1.15 a share, compared with earnings of $231 million or $0.93 cents a share for the third quarter of 2006. The company's net income for common stock for the first nine months of 2007 was $722 million or $2.73 a share compared with $536 million or $2.17 a share for the ... 
Printer Friendly Version
10/18/07Con Edison Declares Common Stock Dividend
NEW YORK, NY, Oct 18, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 58 cents a share on its common stock, payable December 15, 2007, to stockholders of record as of November 14, 2007. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $27 billion in assets. The company provides a wide range of energy-related pr... 
Printer Friendly Version
09/28/07Carbon Disclosure Project (CDP) Ranks Con Edison Top Utility Addressing Corporate Carbon Emissions
NEW YORK, NY, Sep 28, 2007 (MARKET WIRE via COMTEX News Network) -- The global Carbon Disclosure Project (CDP) recently ranked Consolidated Edison, Inc. (Con Edison) as the top-ranked U.S. utility for "Climate Governance," for the company's approach to addressing climate change and its transparent disclosure practices on the issue. The CDP report is a summary of 282 responses from S&P500 corporations on climate change. The report assesses U.S. firms' greenhouse gas emission trends and mana... 
Printer Friendly Version
09/25/07Con Edison Wins International Environmental Award
Company Has Reduced Greenhouse Gases by 17 PercentNEW YORK, NY, Sep 25, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) was honored recently by the United Kingdom's Financial Times and Citi Private Bank with their international award for environmental excellence. The company was lauded for improvements in carbon efficiency that resulted in a 17-percent reduction in company greenhouse gas emissions between 2005 and 2006. The "Greatest Improvement in Carb... 
Printer Friendly Version
09/20/07Con Edison CEO to Participate in Merrill Lynch Global Power and Gas Leaders Conference
NEW YORK, NY, Sep 20, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President and Chief Executive Officer Kevin Burke will present to the investment community at the Merrill Lynch Global Power and Gas Leaders conference on Tuesday, September 25. The presentation will be webcast beginning at 11 a.m. (EDT). The live audio webcast of the discussion can be accessed at http://www.veracast.com/webcasts/ml/powergas07/13108113.cfm, where ... 
Printer Friendly Version
09/20/07Con Edison Announces Winners for Pearl Street's
NEW YORK, NY, Sep 20, 2007 (MARKET WIRE via COMTEX News Network) -- Olivia Cheng, 16, of Queens, Oussama Terrab, 14, also of Queens and Isaac Shrem, 17, of Brooklyn are the first, second and third place winners, respectively, of Con Edison's "Power of Power" video contest for 13- to 17-year olds, celebrating the company's 125th anniversary of the Pearl Street generating station. The contest, open to kids in New York City and Westchester, invited participants to create a 1- to 2-minute vide... 
Printer Friendly Version
09/05/07Con Edison Named a "Top 50" Company by LATINA Style Magazine
NEW YORK, NY, Sep 05, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison ranks as one of the 50 best companies for Latinas to work for, according to LATINA Style magazine, which annually surveys nearly 1,000 companies to identify those providing the best career opportunities for Hispanic women. The magazine uses evaluative criteria monitoring educational opportunities, alternative work arrangements, dependent and child care support, employee benefits, job retraining policies, and aff... 
Printer Friendly Version
09/04/07Con Edison CFO to Participate in Lehman Brothers CEO Energy/Power Conference
NEW YORK, NY, Sep 04, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will present to the investment community at the 2007 Lehman Brothers CEO Energy/Power Conference on Thursday, September 6. His presentation will be webcast at 11:45 a.m. EDT. The live audio webcast of the presentation can be accessed on the conference Web site, http://cc.talkpoint.com/LEHM002/090407a_jw/default.asp?entity... 
Printer Friendly Version
08/29/07Con Edison Seeking Companies to Help Customers Reduce Electricity Use
NEW YORK, NY, Aug 29, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) yesterday issued a Request For Proposal (RFP) soliciting applications from qualified parties to supply the company with new demand side management (DSM) resources to be delivered in targeted areas of New York City and Westchester County. The company is forecasting increased power use throughout its service area. At the same time, energy use in certain neighborhoods... 
Printer Friendly Version
08/17/07Con Edison Refers Customers to Web Site for Claims
Outreach Van ClosingNEW YORK, NY, Aug 17, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison's outreach van, which has been assisting customers since the July 18 steam-main incident, will be open for two more days: Wednesday August 22 and Thursday August 30 at 14 W. 30th St. between Fifth Avenue and Broadway. It will be open from 7 a.m. to 3:30 p.m. After August 30, those seeking to file a claim or have questions about claims from the July 18 event may download claims forms and obtai... 
Printer Friendly Version
08/02/07Con Edison, Inc. Reports 2007 Second Quarter Earnings
2nd Quarter 2007 Sales and Revenue Report NEW YORK, NY, Aug 02, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2007 second quarter earnings of $154 million or $0.58 a share, compared with earnings of $124 million or $0.50 cents a share for the second quarter of 2006. "Our financial performance in the second quarter reflects continued strength in our local economy, the impact of weather on our business, and overall, is consist... 
Printer Friendly Version
08/02/07Last Chance to Make Electrical History
Make a Video & Win a New MacBook ProNEW YORK, NY, Aug 02, 2007 (MARKET WIRE via COMTEX News Network) -- Teenagers still have time to win a new MacBook Pro and other prizes by entering Con Edison's "Power of Power" video contest. Kids ages 13 to 17 living in New York City and Westchester County have until August 17th to submit a one- to two-minute video illustrating how electricity affects their daily lives. The contest commemorates the 125th anniversary of initial operations at the Pearl ... 
Printer Friendly Version
08/02/07Con Edison: Conserve Power, Be Cool & Save Money
Energy-Saving Ideas on WebsiteNEW YORK, NY, Aug 02, 2007 (MARKET WIRE via COMTEX News Network) -- With August's first hot and humid days looming through next week, Con Edison urges customers to conserve electricity. The company also will have extra crews available to respond to any service problems. Here are some ways to help you save electricity and money during the heat wave: Look around your home or apartment. If you see an appliance or electrical device with an "instant on" switch, unpl... 
Printer Friendly Version
07/20/07Clean-Up Efforts Continue in Midtown
NEW YORK, NY, Jul 20, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison crews continue to work with other agencies in the clean-up in midtown following Wednesday's steam-main rupture at Lexington Avenue and East 41 Street, where all but five of 19 steam service customers in the vicinity have had service restored. Work is continuing in order to restore the remaining customers. The company also has been repairing damaged electrical cables, enabling it to end yesterday's calls for cust... 
Printer Friendly Version
07/19/07Con Edison Reports Asbestos Found in Debris From Midtown Steam-Main Rupture
NEW YORK, NY, Jul 19, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) -- Following yesterday's steam-main rupture at Lexington Avenue and 41st Street, Con Edison and the New York City Department of Environmental Protection (DEP) conducted extensive air monitoring in the area and tested numerous samples of muddy debris for the presence of asbestos. Air monitoring confirmed no airborne asbestos, however, several of the numerous samples of muddy debris taken from the area ... 
Printer Friendly Version
07/19/07Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Jul 19, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) today declared the following quarterly dividends on its outstanding preferred stock, payable November 1, 2007, to stockholders of record as of October 10, 2007: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock ... 
Printer Friendly Version
07/19/07Con Edison Declares Common Stock Dividend
NEW YORK, NY, Jul 19, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 58 cents a share on its common stock, payable September 15, 2007, to stockholders of record as of August 15, 2007. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $27 billion in assets. The company provides a wide range of energy-related pro... 
Printer Friendly Version
07/12/07Con Edison Offers More Customers Energy Savings
NEW YORK, NY, Jul 12, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. has hired four vendors to help expand the company's targeted demand side management program. The program is designed to help customers in certain neighborhoods reduce electricity use during peak usage periods by achieving permanent energy savings. The vendors hired are: Quality Conservation Services of New York; Public Energy Solutions of Englewood, N.J.; Free Lighting Corp. of... 
Printer Friendly Version
07/12/07Kids Can Enter Video Contest Until August 17; Con Edison Will Award a New MacBook Pro
Utility Commemorating 125th Anniversary of Pearl St. Generating Station -- New York's FirstNEW YORK, NY, Jul 12, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison is extending the deadline through August 17 for submissions to its "Power of Power" video contest for 13 to 17 year olds. The utility serving New York City and parts of Westchester County is asking budding filmmakers and videographers to create an original, one- to two-minute video on how electricity affects their daily li... 
Printer Friendly Version
07/11/07Con Edison Preps for Thunderstorms After Heat Wave
NEW YORK, NY, Jul 11, 2007 (MARKET WIRE via COMTEX News Network) -- As the heat wave breaks, Con Edison crews are preparing for late-afternoon thunderstorms expected across the area today. Across New York City and Westchester, the company's focus this afternoon will move to addressing any effects of the anticipated thunderstorms and subsequent showers. Scores of additional repair crews and call center personnel will be available to respond to any outages and service problems that may re... 
Printer Friendly Version
07/10/07Con Edison's Tips to Beat the Heat
Offers Energy-Saving Ideas on WebsiteNEW YORK, NY, Jul 10, 2007 (MARKET WIRE via COMTEX News Network) -- With rising temperatures and higher humidity expected today, Con Edison will continue to have extra crews available to respond to any service problems. Customers are urged to call 1-800-75-CONED or contact the company on its Web site at www.conEd.com promptly if they are experiencing any service difficulties. The company's home page also provides a link to a new list of 100 energy- and ... 
Printer Friendly Version
07/08/07Con Edison Prepares for the Heat
Offers Energy-Savings Tips on WebsiteNEW YORK, NY, Jul 08, 2007 (MARKET WIRE via COMTEX News Network) -- With temperatures expected to climb into the 90s early this week, Con Edison (NYSE: ED) will have extra crews available to respond to any service problems that may arise. Customers are urged to call 1-800-75-CONED or contact the company on its Web site at www.conEd.com promptly if they encounter any service difficulties. The company's home page also provides a link to a new list of 100... 
Printer Friendly Version
06/29/07Con Edison Concludes Lightning Strike Caused West Bronx and Upper East Side Outage
NEW YORK, NY, Jun 29, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison has concluded that a strong lightning strike in the vicinity of a Queens substation was the cause of the June 27 power outage that affected 136,700 customers on the Upper East Side and in the West Bronx. Information obtained from real-time lightning tracking data show that detection instruments measured a lightning strike of 34,000 amperes in the vicinity of a substation in Queens at 3:42 p.m. on Wednesday, pre... 
Printer Friendly Version
06/29/07Con Edison Restoring Power Following Storm Outages
NEW YORK, NY, Jun 29, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) crews have been working around the clock restoring power to homes and businesses affected by severe thunderstorms in its service area. As of 10 a.m. today, fewer than 150 total customers in Westchester County and Queens, the hardest hit areas, remained without power. The company said all customers would be restored today. About 20,000 customers in Westchester have been restored from the Wednesday and... 
Printer Friendly Version
06/28/07Con Edison Power Restoration Efforts Continue
NEW YORK, NY, Jun 28, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) crews continued working through the night to restore power to customers who lost service following a series of violent thunderstorms that tore through the company's service area yesterday. Heavy rain and wind toppled trees and power lines causing severe damage to the electrical system resulting in power outages throughout New York City and Westchester County. In Westchester County, Mamaroneck, New Roc... 
Printer Friendly Version
06/28/07Statement From Con Edison Re: June 27 Transmission Disturbance
NEW YORK, NY, Jun 28, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) continues to investigate the cause of Wednesday's transmission disturbance, which interrupted service to 136,700 customers (approximately 385,000 people) in the southwest Bronx and sections of the Upper East Side of Manhattan. The company is examining data and equipment to help determine what caused the outage. In addition, engineers are examining possible links between the outage and lightning strike... 
Printer Friendly Version
06/27/07Con Edison Responding to Power Outages in Westchester County
EW YORK, NY, Jun 27, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison crews are responding to power outages caused by thunderstorms and tree damage to power lines as severe weather continues to move across Westchester County. The utility is assessing damage and estimates that up to 10,000 customers are currently without power. Mamaroneck, New Rochelle, White Plains, Larchmont, Harrison, Rye, Rye Brook, Scarsdale and Greenburgh are among the communities most affected. The compan... 
Printer Friendly Version
06/27/07Con Edison Investigating Outages in Manhattan & the Bronx
NEW YORK, NY, Jun 27, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) has restored electrical power to 136,700 customers affected by a transmission disturbance today. Power was out to customers in the West Bronx and the Upper East Side of Manhattan for about 50 minutes today. The cause of the outage between 3:42 p.m. and 4:30 p.m. is being investigated. In the West Bronx, approximately 57,900 customers between the Harlem River, 174th Street and 144th Street and Park ... 
Printer Friendly Version
06/25/07Con Edison Urging Energy Conservation as Heat Wave Approaches
NEW YORK, NY, Jun 25, 2007 (MARKET WIRE via COMTEX News Network) -- With temperatures expected to break the 90-degree mark over the next several days, Con Edison is urging its customers to be conservation minded and to use energy wisely. Customers are urged to call 1-800-75-CONED or contact the company on its Web site at www.coned.com promptly if they encounter any service difficulties. The company's Web site also provides a link to a list of 100 energy- and money-saving tips. Did you kno... 
Printer Friendly Version
06/20/07Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Jun 20, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) declared the following quarterly dividends on its outstanding preferred stock, payable August 1, 2007, to stockholders of record as of July 11, 2007: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 Cumulative Preferre... 
Printer Friendly Version
06/16/07As Summer Approaches Con Edison Offers Energy-Savings Tips on Website
NEW YORK, NY, Jun 16, 2007 (MARKET WIRE via COMTEX News Network) -- As summer temperatures start to swat New York over the next few days, Con Edison will have extra crews, if needed, to respond to service problems. Customers are urged to call 1-800-75-CONED or contact the company on its Web site at www.coned.com promptly if they encounter any service difficulties. The company Web site's home page also provides a link to a new list of 100 energy- and money-saving tips. Did you know that ... 
Printer Friendly Version
06/12/07Con Edison Unveils New Bronx Substation
Company Invests $1.4 Billion in System Improvements; Eyes Record Electric UseNEW YORK, NY, Jun 12, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) today unveiled a massive new substation complex in the Bronx as part of the company's overall building program to help meet the energy needs of 9 million New Yorkers. The $300 million facility in Mott Haven, which houses two substations, will help safely deliver 900 megawatts of... 
Printer Friendly Version
06/06/07Kids' Video Contest Focuses on 125th Anniversary of Electric Generation
From Pearl Street to iPods, Powering Everything for Over a CenturyNEW YORK, NY, Jun 06, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison is celebrating the 125th anniversary of the Pearl Street generating station -- New York's first -- with a "Power of Power" video contest for kids in New York City and Westchester County. The top winner will receive an Apple MacBook Pro. The company is asking kids ages 13 to 17 to create an original, one- to two-minute video on how electricity affec... 
Printer Friendly Version
06/05/07Con Edison CFO to Participate in Citigroup Power Gas and Utilities Conference
NEW YORK, NY, Jun 05, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will participate in a panel discussion at Citigroup Investment Research's Second Annual Power, Gas and Utilities Conference. The panel discussion, titled "Regulatory Risk: How to Manage It in a Rising Rate Environment," will be webcast live on Friday, June 8, at 11 a.m. EDT. A live audio webcast of the panel d... 
Printer Friendly Version
05/29/07Con Edison CFO to Participate in Deutsche Bank Energy and Utilities Conference
NEW YORK, NY, May 29, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will present to the investment community at the Deutsche Bank 2007 Energy and Utilities Conference on Thursday, May 31. The presentation will be webcast at 7:30 a.m. EDT. The live audio webcast of the presentation can be accessed at the conference Web site, http://www.corporate-ir.net/ireye/confLobby.zhtml?ti... 
Printer Friendly Version
05/24/07Con Edison Urges Customers to Sign Up for e*bill and Help Plant Trees
NEW YORK, NY, May 24, 2007 (MARKET WIRE via COMTEX News Network) -- As New Yorkers continue to opt for environmentally friendly ways to live, Con Edison (NYSE: ED) is promoting a new incentive for customers to pay their utility bills online without the wasteful use of paper. For every customer who enrolls Con Edison's e*bill program, the company will donate $1 to help plant trees in New York City and Westchester County. The Con Edison e*bill program is a fast, convenient and environment... 
Printer Friendly Version
05/21/07Con Edison Tells Shareholders That Continued Significant Infrastructure Investments Needed to Support Region's Growth
$10 Billion Being Invested Over Next Five YearsNEW YORK, NY, May 21, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President and CEO Kevin Burke told shareholders today at the annual meeting that 2006 was a year of solid financial results, continued improvement in environmental performance, and an ongoing commitment to a diverse and highly skilled workforce. He also cited the region's strong economy and the company's need for signi... 
Printer Friendly Version
05/19/07STORM UPDATE: Con Edison Restores Westchester Customers
NEW YORK, NY, May 19, 2007 (MARKET WIRE via COMTEX News Network) -- Approximately 450 crews working around the clock have restored electrical service to the 30,000 customers who lost power from violent storms that battered Westchester County late Wednesday. Safety was the No. 1 priority for the men and women of Con Edison as they had to work around hundreds of downed trees and scores of blocked roads. Customer service representatives distributed more than 13,000 pounds of dry ice to Wes... 
Printer Friendly Version
05/18/07Storm Update
Con Edison Continues Restoring Westchester CustomersNEW YORK, NY, May 18, 2007 (MARKET WIRE via COMTEX News Network) -- Approximately 450 crews working around the clock have restored electrical service to nearly 27,000 customers who lost power from violent storms that battered Westchester County late Wednesday. Approximately 2,800 customers are currently without electricity. Con Edison's goal is to have nearly all customers restored by late this evening. Some customers in the most severely ... 
Printer Friendly Version
05/18/07Storm Update: Con Edison Continues Restoring Westchester Customers
NEW YORK, NY, May 18, 2007 (MARKET WIRE via COMTEX News Network) -- Approximately 450 crews working around the clock have restored electrical service to more than 29,000 customers who lost power from violent storms that battered Westchester County late Wednesday. Approximately 800 customers remain without electricity and the company's goal is to have nearly all of them restored by late tonight. Some customers in the most severely damaged areas may not be restored until Saturday. Among t... 
Printer Friendly Version
05/17/07Con Edison Restoring Customers After Violent Storm in Westchester County
NEW YORK, NY, May 17, 2007 (MARKET WIRE via COMTEX News Network) -- About 450 crews working around the clock have restored electrical service to 21,500 customers who lost power from violent storms that battered Westchester County late Wednesday. Approximately 9,500 customers are still without electricity. The company's goal is to have those customers restored by late Friday. Some customers in the most severely damaged areas will be restored by Saturday evening. Among the hardest-hit a... 
Printer Friendly Version
05/16/07Late-Afternoon Storm Causes Power Outages Throughout Con Edison's Service Area
NEW YORK, NY, May 16, 2007 (MARKET WIRE via COMTEX News Network) -- Fast-moving storms that raced through the area this afternoon have resulted in power outages to approximately 30,000 customers in Westchester County as of 6:30 p.m. Among the hardest-hit areas are the Towns of Cortlandt, New Castle, and Bedford/Mount Kisco; Villages of Ossining and Croton; and the City of Mount Vernon. Heavy rain, accompanied by high winds, toppled trees and took down power lines. Con Edison crews are re... 
Printer Friendly Version
05/16/07Con Edison Responds to Storm Outages
NEW YORK, NY, May 16, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison has added extra repair crews and customer service representatives to respond to the storm damage that affected approximately 30,000 customers in Westchester County tonight. Among the hardest-hit areas are the Towns of Cortlandt, New Castle, and Bedford/Mount Kisco; Villages of Ossining and Croton; and the City of Mount Vernon. Company crews will be working throughout the night continuing to assess damage and re... 
Printer Friendly Version
05/10/07Con Edison, Inc. Reports 2007 First Quarter Earnings
1st Quarter 2007 Sales and Revenue Report NEW YORK, NY, May 10, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2007 first quarter earnings of $256 million or $0.99 a share, compared with earnings of $181 million or $0.74 cents a share for the first quarter of 2006. These amounts reflect after-tax net mark-to-market losses of $10 million or $0.04 cents a share in the first quarter of 2007 and $31 million or $0.12 cents a s... 
Printer Friendly Version
05/10/07Con Edison Announces Public Offering of Common Shares
NEW YORK, NY, May 10, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today it has agreed to issue 11,000,000 of its common shares, generating gross proceeds of approximately $560 million. These common shares are being offered by J.P. Morgan Securities Inc. under Con Edison's effective shelf registration statement filed with the Securities and Exchange Commission. The common shares are expected to be issued on May 16, 2007, subjec... 
Printer Friendly Version
05/09/07Con Edison CFO Robert Hoglund to Participate in Goldman Sachs Power and Utility Conference
NEW YORK, NY, May 09, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) Senior Vice President and Chief Financial Officer Robert Hoglund will participate with other utility executives in a panel discussion titled "Managing Rate Cases - Best Practices and Lessons Learned" at the Goldman Sachs Seventh Annual Power and Utility Conference. The panel discussion will be webcast live on Friday, May 11, at 8:45 a.m. (EDT). A live audio webcast of the panel discus... 
Printer Friendly Version
05/04/07Con Edison Files Proposal for Electric Rate Increase
Proposal Supports Demand-Reduction Measures, Energy Efficiency and Continued Infrastructure InvestmentNEW YORK, NY, May 04, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) today filed a rate proposal with the New York State Public Service Commission (PSC) seeking support for continued significant investments in its electric-delivery infrastructure, as well as demand-reduction and energy-efficiency initiatives. The company's... 
Printer Friendly Version
04/25/07Con Edison Urges Customers to Think Green for Arbor Day
e*bill Is Company's Tree-Friendly Billing OptionNEW YORK, NY, Apr 25, 2007 (MARKET WIRE via COMTEX News Network) -- As New Yorkers celebrate Arbor Day on Friday, April 27, Con Edison (NYSE: ED) is doing its part to save trees by promoting a paperless way for customers to pay their utility bill. "Arbor Day is a good day to choose our paperless billing option, e*bill," said Marilyn Caselli, senior vice president of Customer Operations. "It's an easy way to cut down on paper consumption and s... 
Printer Friendly Version
04/24/07Con Edison CEO Kevin Burke to Participate in American Gas Association Financial Forum
NEW YORK, NY, Apr 24, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President and Chief Executive Officer Kevin Burke will present to the investment community at the American Gas Association Financial Forum in Orlando, Fla., next week. Burke's presentation will be webcast live on Monday, April 30, at 11:05 a.m. EDT. The live audio webcast of the discussion can be accessed on the conference Web site, at http://www.wsw.com/webcast/... 
Printer Friendly Version
04/20/07Earth Day, Every Day
Con Edison Achieves Reductions in Greenhouse Gas Emissions, Urges Customers to Go Green, Use Electronic BillingNEW YORK, NY, Apr 20, 2007 (MARKET WIRE via COMTEX News Network) -- As the nation prepares for this weekend's Earth Day activities, Consolidated Edison Company of New York, Inc. (Con Edison) announced today that since 2004, the company has reduced its greenhouse gas emissions by approximately 20 percent and is encouraging its customers to participate in programs that benefit the env... 
Printer Friendly Version
04/19/07Con Edison to Redeem Debentures
NEW YORK, NY, Apr 19, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) announced today that it will call for redemption on May 19, 2007 all of its outstanding 7.25% Public Income NotES (7.25% Debentures, Series 2002 A) (NYSE: EPB) (Cusip No. 209115 20 3). The redemption price is 100% ($25 denominations) of the principal amount together with interest accrued from April 1, 2007 to, but not including, May 19, 2007. The securities should be surrendered for p... 
Printer Friendly Version
04/19/07Con Edison Declares Common Stock Dividend
NEW YORK, NY, Apr 19, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 58 cents a share on its common stock, payable June 15, 2007, to stockholders of record as of May 16, 2007. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $27 billion in assets. The company provides a wide range of energy-related products an... 
Printer Friendly Version
04/16/07Con Edison Assisting Local Authorities in Westchester
Outreach Teams on Location to Assist CustomersNEW YORK, NY, Apr 16, 2007 (MARKET WIRE via COMTEX News Network) -- While Con Edison crews work to restore electrical power to residents in Westchester, the company continues to assist local authorities and has dispatched customer assistance teams to the affected coastal communities. Con Edison will also assist with the distribution of dry ice to residents beginning tomorrow. Customer outreach representatives will be available at command posts... 
Printer Friendly Version
04/16/07Con Edison Crews Responding to Storm Outages
NEW YORK, NY, Apr 16, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) crews continue working around the clock responding to power outages caused by the April nor'easter that began pounding the New York area Sunday. The company reported scattered outages throughout its service area, with the bulk of the outages located along coastal communities in Westchester County. At the request of local officials and to ensure safety, Con Edison has temporarily interrupted electric ... 
Printer Friendly Version
04/15/07Con Edison Responding to April Nor'easter
NEW YORK, NY, Apr 15, 2007 (MARKET WIRE via COMTEX News Network) -- With more than 1,000 additional personnel on hand, Con Edison today is prepared to respond to any outages caused by the heavy rain and wind buffeting the Metropolitan area. The utility has ramped up its emergency response with extra electrical repair and tree clearance crews, along with additional call center personnel, all ready to respond to any weather-related service problems and customer calls. The company also has a... 
Printer Friendly Version
04/14/07Con Edison Preparing for Major Storm
NEW YORK, NY, Apr 14, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison is preparing crews to respond to the anticipated nor'easter that is expected to hit the New York metropolitan area Sunday and Monday. Hundreds of additional repair crews and call center personnel will be available to respond to any outages and service problems that result from the high winds and heavy rain forecasted for the area. Strong wind gusts could take their toll on trees, causing them to topple into po... 
Printer Friendly Version
04/13/07Con Edison Prepares for Weekend Wind and Rain Storm
NEW YORK, NY, Apr 13, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) is closely monitoring the approaching wind and rain storm that is expected to hit our region this weekend. The company is preparing crews and extra personnel to respond quickly and efficiently in the event of any power outages. The expected high winds and heavy rain could take their toll on trees, causing them to topple into power lines and result in outages. In addition, extensive flooding from ris... 
Printer Friendly Version
03/26/07Con Edison Details $1.4 Billion in Electric Delivery Investments & New Emergency Response Initiatives for Summer
$90 Million Invested in Northwest QueensNEW YORK, NY, Mar 26, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (NYSE: ED) (Con Edison) has invested $1.4 billion in its electric delivery infrastructure preparing for this summer, and has established several new emergency response and communications programs, company officials told the New York City Council today. "New Yorkers deserve reliable electric service, and they deserve a reliable response du... 
Printer Friendly Version
03/20/07Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, NY, Mar 20, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison Company of New York, Inc. (NYSE: ED) (Con Edison of New York) declared the following quarterly dividends on its outstanding preferred stock, payable May 1, 2007, to stockholders of record as of April 11, 2007: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock $1.25 Cumul... 
Printer Friendly Version
03/16/07Con Edison Prepares for Winter Storm
NEW YORK, NY, Mar 16, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison is closely monitoring today's snow and ice storm and will have crews working around the clock this weekend to respond to any service problems that may occur. Heavy snow, ice and wind can take their toll on trees that damage power lines. In addition, the company will maintain close contact with the New York City Office of Emergency Management and the Westchester County Office of Disaster and Emergency Service t... 
Printer Friendly Version
03/09/07Con Edison CEO to Present at Morgan Stanley Global Electricity and Energy Conference
NEW YORK, NY, Mar 09, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman, President and Chief Executive Officer Kevin Burke will give a presentation to the investment community at the Morgan Stanley Global Electricity and Energy Conference on Thursday, March 15. The presentation will be webcast from New York at 3:10 p.m. (EDT). The live audio webcast of Mr. Burke's presentation can be accessed at http://investor.conedison.com, where a ... 
Printer Friendly Version
03/09/07Spring Into Summer $aving$ Now
Con Edison Offers Free Thermostats for Central Air CustomersNEW YORK, NY, Mar 09, 2007 (MARKET WIRE via COMTEX News Network) -- Here's a super deal: Con Edison customers can manage their summer energy usage with a free programmable thermostat. Homeowners, religious institutions and businesses with central air-conditioning are eligible. The high-tech thermostats allow customers in New York City and Westchester County to program their central air-conditioning systems manually, or remotely vi... 
Printer Friendly Version
03/05/07Con Edison Adds Extra Crews, Prepares for Heavy Winds
NEW YORK, NY, Mar 05, 2007 (MARKET WIRE via COMTEX News Network) -- With a forecast for sustained winds of 20 to 30 miles per hour and gusts of up to 40 miles per hour, Con Edison is preparing to mobilize extra crews throughout Westchester County today to be ready to respond to any power outages that might occur. Falling trees and broken tree limbs can knock down power lines and often result in extensive damage to overhead power systems. Con Edison is urging any customer who loses power to... 
Printer Friendly Version
03/03/07Con Edison Assists Recovery From Flood Damage in Rye and Mamaroneck
NEW YORK, NY, Mar 03, 2007 (MARKET WIRE via COMTEX News Network) -- Con Edison (NYSE: ED) is working closely with officials of the City of Rye and the Village of Mamaroneck in Westchester County to assist residents who were forced from their homes by the flooding experienced in the area on Friday, March 2. At the request of the municipalities and to ensure safety, power was cut to approximately 400 homes and buildings. Residents and businesses affected by the flooding may contact officia... 
Printer Friendly Version
02/26/07Con Edison CFO to Participate in UBS Natural Gas & Electric Utilities Conference
NEW YORK, NY, Feb 26, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will speak at the UBS 2007 Natural Gas & Electric Utilities Conference on Wednesday, February 28. His presentation will be webcast live at 3:45 p.m. (EST). The audio webcast of the presentation can be accessed on the conference Web site, at http://events.streamx.us/US/event/EventDetails.aspx?id=ubs20070228 where a replay... 
Printer Friendly Version
01/19/07Con Edison Reports 2006 Earnings
4th Quarter and Full Year 2006 Sales and Revenue Report NEW YORK, NY, Jan 19, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2006 earnings of $737 million or $2.96 a share, compared with earnings of $719 million or $2.95 a share in 2005. For the fourth quarter of 2006, the company's earnings were $201 million or $0.78 a share compared with earnings of $138 million or $0.56 a share for the fourth quarter of 2005. "Our 20... 
Printer Friendly Version
01/16/07Con Edison, Orange & Rockland Crews Respond to Upstate Ice Storm Damage
NEW YORK, Jan 16, 2007 – A convoy of trucks carrying Con Edison and Orange & Rockland crews left this morning for upstate New York to help National Grid crews repair damage from an ice storm. An estimated 80,000 customers lost electrical power after the winter storm struck this weekend. National Grid, the upstate utility with headquarters in London, asked for Con Edison's assistance on Monday. The company today sent 32 employees from Con Edison Company of New York, Inc. and 23 from ... 
Printer Friendly Version
01/11/07Con Edison Offers Customers Energy Saving Programs
NEW YORK, Jan 11, 2007 – Consolidated Edison Company of New York, Inc. recently expanded a program to help customers in certain neighborhoods reduce electricity use while achieving permanent savings. The program is called Targeted Demand Side Management, also known as Targeted DSM. The company hired Quality Conservation Services of New York; Public Energy Solutions of Englewood, N.J., and Free Lighting Corp. of Houston, Texas. The vendors will work with Con Edison customers to reduce peak de... 
Printer Friendly Version
01/03/07Con Edison Announces Enhanced Tree-Trimming Program in Westchester
Public Safety, Service Reliability & Tree Health Are Priorities NEW YORK, Jan 3, 2007 – Consolidated Edison Company of New York, Inc. (Con Edison) is initiating a three-year, enhanced tree-trimming program to help prevent storm-related power outages throughout Westchester County. The company estimates that the new program, starting this month, could result in a 20 percent reduction in the number of outages experienced during major storms. The effort will also help minimize public sa... 
Printer Friendly Version
12/20/06Con Edison Seeking Companies to Help Customers Reduce Electric Usage & Save
NEW YORK, Dec 20, 2006 – Consolidated Edison Company of New York, Inc. (Con Edison) today issued a Request For Proposal (RFP) soliciting applications from qualified parties to supply the company with new demand side management (DSM) resources, delivered to targeted areas in New York City and Westchester County. The company is forecasting increased power use throughout its service area. At the same time, energy use in certain neighborhoods is projected to increase at a faster pace than in ... 
Printer Friendly Version
12/07/06Con Edison Named Most Reliable Utility in Northeast
NEW YORK, Dec 7, 2006 – Consolidated Edison Company of New York, Inc. (Con Edison) has been named the most reliable electric utility for the northeast region of the United States by PA Consulting Group, an international consultant that presents its signature “ReliabiltyOne” awards annually to utilities that have excelled in delivering reliable electric service to their customers. “This award is a recognition of the hard work and dedication of Con Edison's 14,000 employees, who are respons... 
Printer Friendly Version
12/04/06Con Edison Primed for Winter
New Yorkers: Stay Warm, Be Safe And Save Money NEW YORK, Dec. 4 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) recommends that customers review and adopt a series of energy-saving and safety tips to reduce their gas and electric bills and to remain safe during the upcoming winter season. In preparation for the approaching winter season, Con Edison has obtained natural gas supplies for the company's 1.1 million gas customers, approximatel... 
Printer Friendly Version
12/01/06Con Edison Adds Extra Crews, Prepares for Wind Storm
NEW YORK, Dec 01, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Faced with forecasted gusting winds and heavy rain, Con Edison is preparing to mobilize extra crews throughout New York City and Westchester County today to make repairs in case of storm damage. The company also is adding more customer service representatives to its call centers to answer customers' questions. The National Weather Service forecasts sustained winds of up to 30 mph. Higher wind gusts of up to 50 mph a... 
Printer Friendly Version
11/22/06Plug In to the Holidays
Con Edison Offers Safety Tips NEW YORK, Nov. 22 -- Consolidated Edison Company of New York, Inc. (Con Edison) wishes all its customers a happy and safe holiday season, and reminds them to use caution when installing holiday lights and decorations. Decorations for the holiday season have become more elaborate, and consumers should make safety the first priority by following these basic safety tips: - Make sure that holiday lights carry the seal of a... 
Printer Friendly Version
11/16/06Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, Nov. 16 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) declared the following quarterly dividends on its outstanding preferred stock, payable February 1, 2007, to stockholders of record as of January 10, 2007: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 Cumulative Preferred Stock, 4.6... 
Printer Friendly Version
11/09/06Con Edison CFO to Participate in Argus Vision 2007 Conference
NEW YORK, Nov. 9 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Chief Financial Officer Robert Hoglund will make a presentation at Argus Vision 2007: Eyes on the Future, a conference for investment professionals. Mr. Hoglund's presentation will be webcast live on Monday, November 13, at 11:15 a.m. EST. The live audio webcast of the discussion can be accessed on the conference Web site, at http://services.choruscall.com/links/telspan061113a.html where a replay wi... 
Printer Friendly Version
11/02/06Con Edison, Inc. Reports 2006 Third Quarter Earnings
3rd Quarter 2006 Sales and Revenue ReportNEW YORK, Nov 02, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2006 third quarter earnings of $231 million or $0.93 a share, compared with earnings of $285 million or $1.17 cents a share for the third quarter of 2005. "Third quarter results reflect costs associated with the summer power outages and milder weather than last year," said Kevin Burke, Chairman, President and Ch... 
Printer Friendly Version
11/02/06Con Edison CFO to Participate in Edison Electric Institute Financial Conference
NEW YORK, Nov. 2 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Chief Financial Officer Robert Hoglund will make a presentation to the investment community at the Edison Electric Institute's 41st Financial Conference. Mr. Hoglund's presentation will be webcast live on Tuesday, November 7, at 10:30 a.m. PST. The live audio webcast of the discussion can be accessed on the conference Web site, at http://www.talkpoint.com/viewer/starthere.asp?pres=114406 where a rep... 
Printer Friendly Version
10/19/06Con Edison Declares Common Stock Dividend
NEW YORK, Oct 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Consolidated Edison, Inc. (Con Edison) [NYSE: ED] today declared a quarterly dividend of 57 - 1/2 cents a share on its common stock, payable December 15, 2006, to stockholders of record as of November 15, 2006. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $26 billion in assets. The company provides a wide range of ener... 
Printer Friendly Version
10/13/06Con Edison and O&R Crews Heading North to Restore Power to National Grid Customers in Buffalo
NEW YORK, Oct. 13 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. is dispatching 29 crews from its two utilities to assist National Grid, the upstate utility with headquarters in London, England, to help restore electricity to the more than a quarter-of-a-million customers who are without power. A rare, mid-October snowstorm dumped two feet of wet snow on western New York and toppled trees and power lines. Con Edison of New York is sending 21 two-man, bucket-truck crews from N... 
Printer Friendly Version
09/20/06Con Edison CEO to Participate in Merrill Lynch Global Power and Gas Leaders Conference
NEW YORK, Sept. 20 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Chairman, President and Chief Executive Officer Kevin Burke will participate in a panel discussion titled "T&D Pure Plays" at the Merrill Lynch Global Power and Gas Leaders conference on Tuesday, September 26. The presentation will be webcast from New York at 1:45 p.m. (EDT). The live audio webcast of the discussion can be accessed at http://investor.conedison.com or http://www.veracast.com/ml/pow... 
Printer Friendly Version
09/20/06Con Edison Announces Public Offering of Common Shares
NEW YORK, Sept. 20 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced it has agreed to issue 9,715,000 of its common shares generating gross proceeds of approximately $450 million. These common shares are being offered by Citigroup Global Markets Inc. under Con Edison's effective shelf registration statement filed with the Securities and Exchange Commission. The common shares are expected to be issued on September 25, 2006, subject to customary closin... 
Printer Friendly Version
09/20/06Con Edison of New York to Redeem Debentures
NEW YORK, Sept 20, 2006 - Consolidated Edison Company of New York, Inc. (Con Edison of New York) announced yesterday that it will call for redemption on October 20, 2006 all of its outstanding 7.50% Public Income NotES, (7.50% Debentures, Series 2001 A) (corrected symbol, NYSE: EDV, cusip no. 209111814). Con Edison of New York intends to use borrowed funds to finance the redemption. The redemption price is 100% ($25 denominations) of the principal amount together with interest accrued from Octob... 
Printer Friendly Version
09/07/06Con Edison Crews Working Around the Clock to Restore Power in Westchester
77,000 Customers Restored - Full Restoration Nearly Complete NEW YORK, Sept. 7 /PRNewswire/ -- Con Edison has nearly 430 crews working throughout the day and into tonight continuing to restore power to the remaining 1,000 customers without power in sections of Westchester. Crews have been working steadily to identify and repair damaged equipment after tropical storm Ernesto rampaged the region with high winds and torrential rain last weekend. The company has restored s... 
Printer Friendly Version
09/05/06Con Edison CFO to Participate in Lehman Brothers CEO Energy/Power Conference
NEW YORK, Sept. 5 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will speak at the 2006 Lehman Brothers CEO Energy/Power Conference on Thursday, September 7. His presentation will be webcast at 1:05 p.m. EDT. The live audio webcast of the presentation can be accessed on the conference Web site, at: customer.talkpoint.com/LEHM002/090506a_jw/default.asp?entity=Consolidated where a replay will be availab... 
Printer Friendly Version
09/04/06Con Edison Crews Restoring Power in Westchester County
Company Is Distributing Dry Ice To Affected Customers NEW YORK, Sept. 4 /PRNewswire-FirstCall/ -- While Con Edison crews work to restore electrical power to residents in Westchester affected by power interruptions caused by remnants of Tropical Strom Ernesto, the company is distributing dry ice to customers. Dry ice is being distributed at: * Bloomingdale's in White Plains located at Bloomingdale Road -- North end of the parking lot; * Rye Playland --... 
Printer Friendly Version
09/03/06Con Edison Crews Working Around the Clock To Restore Customers After Storm
NEW YORK, Sept. 3 /PRNewswire-FirstCall/ -- Con Edison crews are working around the clock to restore electricity to approximately 43,000 customers affected by Saturday's winds, remnants of Tropical Storm Ernesto. Con Edison employees surveyed damage throughout Westchester County on Sunday while 300 crews are working around downed trees, limbs and branches to replace poles and damaged wires. As of 6 p.m. on Sunday, Con Edison has restored service to more than 34,000 customers i... 
Printer Friendly Version
09/02/06Con Edison Crews Working to Restore Customers After Storm
NEW YORK, Sept. 3 /PRNewswire-FirstCall/ -- Con Edison crews are working to restore electricity to approximately 40,000 customers affected by Saturday's winds, remnants of Tropical Storm Ernesto. More than 52,000 customers already have had their electrical power restored. After winds battered electrical lines, electric service at one time or another was interrupted to more than 90,000 customers in New York City and Westchester County. Safety is Con Edison's No. 1 priority as i... 
Printer Friendly Version
09/01/06Con Edison Recognized By LATINA Style Magazine
NEW YORK, Sept. 1 /PRNewswire-FirstCall/ -- LATINA Style magazine has named Con Edison as one of the 50 best companies for Latinas to work for in the United States. The magazine is a national publication for contemporary Hispanic women. The LATINA Style 50 Report evaluates corporate America's career development for Latinas. The magazine evaluated the company on issues its readers found most important to them in the workplace. Con Edison excels in many areas: It has a Latina bo... 
Printer Friendly Version
08/07/06Con Edison of New York Declares Preferred Stock Dividends
NEW YORK, Aug. 7 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison of New York) declared the following quarterly dividends on its outstanding preferred stock, payable November 1, 2006, to stockholders of record as of October 11, 2006: Preferred Stock Dividend Per Share $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock, 4.65% Series C $1.1625 Cumulative Preferre... 
Printer Friendly Version
08/02/06Con Edison, Inc. Reports 2006 Second Quarter Earnings
2nd Quarter 2006 Sales and Revenue Report NEW YORK, Aug. 2 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2006 second quarter earnings of $124 million or $0.50 a share, compared with earnings of $115 million or $0.47 cents a share for the second quarter of 2005. "We are spending more than $1.8 billion this year to improve our energy delivery systems," said Kevin Burke, Chairman, President and Chief Executive Officer. "These investments r... 
Printer Friendly Version
08/02/06Con Edison Issues Initial Report on Northwest Queens Outages
NEW YORK, Aug. 2 /PRNewswire-FirstCall/ -- Con Edison today issued its initial report on the outages affecting northwest Queens two weeks ago and said more analysis into the causes of the equipment failures will be done in the weeks ahead. The report provides a chronology of the failures in power cables and other equipment, which began during a heat wave on Monday, July 17th and progressed throughout the week. The company said a more thorough analysis of the equipment will be ... 
Printer Friendly Version
08/01/06Con Edison Sets New Record for Electric Usage
NEW YORK, Aug. 2 /PRNewswire-FirstCall/ -- Con Edison set a record for peak electricity demand today, reaching 13,141 megawatts at 5 p.m., which topped the 13,103 megawatts the company set at 5 p.m. on Monday. Con Edison first reached the 10,000-megawatt mark in 1988, topped 11,000 megawatts in 1997, broke the 12,000-megawatt barrier in 2001, and surpassed 13,000-megawatts last summer. In Con Edison's service area, overall electric consumption has grown by nearly 20 percen... 
Printer Friendly Version
07/29/06Con Edison Dedicates Special Team to Northwest Queens Recovery
NEW YORK, July 29 /PRNewswire-FirstCall/ -- A veteran Con Edison engineer will head the company's Long Island City network recovery team. The team will stabilize and rebuild the area's electrical system and enhance customer outreach. Katherine Boden, vice president of Manhattan electric operations, will lead the team, which will test and inspect the electric system in Astoria, Sunnyside, Woodside, Long Island City, and Hunters Point. Components of the electrical system in those ar... 
Printer Friendly Version
07/26/06Con Edison Reports Electric Service Restored In Northwest Queens
NEW YORK, July 26, 2006 -- Con Edison today reported that customers in the Long Island City area of Queens who lost electric service on July 18, 2006 have been restored. The company said some restored customers may experience lower than normal voltage conditions or sporadic outages as crews reinforce the area's power cable system. The company urges customers to call 1-800-75-CONED (1-800-752-6633) to report any outstanding service problems. The outage affected approximately 25,000 custome... 
Printer Friendly Version
07/26/06Con Edison Responds To Outage Affecting 14,000 Staten Island Customers
NEW YORK – Con Edison crews are responding to an outage affecting 14,000 customers in the Dongan Hills, Grasmere, Rosebank, Tompkinsville, Clifton, Emerson Hill, Oakwood, Grant City and New Dorp communities of Staten Island. Originally, approximately 16,000 customers had lost their power, but 2,000 were restored quickly. The outage began at approximately 4:15 p.m. due to downed wires. Customers without power should call 1-800-75-CONED. Con Edison crews are working to restore service. ... 
Printer Friendly Version
07/24/06Con Edison Crews Restoring Power in Queens
NEW YORK -- More than 22,000 customers in Astoria, Long Island City, Sunnyside, Woodside, and Hunters Point have had their electrical power restored. Approximately 3,000 customers remain without electricity as of 5 a.m. today. One thousand Con Edison employees and contractors are working in the Long Island City network to bring the lights back on to residents and businesses in these communities. As service is being restored, residents in northwest Queens will see 39 generators,... 
Printer Friendly Version
07/24/06Con Edison Urges Restored Customers To Conserve Electricity; Company Will Expedite Claims Process
NEW YORK -- As Con Edison continues to restore power to customers in northwest Queens, the company continues to urge residents in that area to continue to limit their use of electricity as much as possible. In conjunction with the work being done to restore low voltage lines to homes and businesses, Con Edison is still working to stabilize the overall higher voltage cables that serve communities in the area. In addition, the company announced that it would expedite its re... 
Printer Friendly Version
07/23/06Con Edison to Provide Update on Power Restoration in Northwest Queens
NEW YORK, July 23, 2006 - Con Edison Chairman and CEO Kevin Burke will provide an update on power restoration efforts in northwest Queens today, July 23, at 4 p.m. at Con Edison headquarters, 4 Irving Place, 19th floor. NOTE: There will also be a photo opportunity of the company's Emergency Command room. Con Edison Media Relations Contact: Michael Clendenin Telephone: 1-212-460-4111... 
Printer Friendly Version
07/23/06Con Edison Restores Power In Westchester County
NEW YORK, July 23, 2006 – Con Edison crews have restored power to more than 50,500 customers in Westchester County who lost their electricity during three storms in the last week. These restorations include the approximately 35,000 customers who had their electricity knocked out by the violent storm on Tuesday, July 18. In addition, approximately 9,500 customers lost power on Friday, July 21, and a storm on Saturday, July 22, affected 6,000 customers. Con Edison appreciates customers'... 
Printer Friendly Version
07/22/06Con Edison to Hold News Conference on Queens Power Restoration
NEW YORK, July 22, 2006 - Con Edison Chairman and Chief Executive Officer Kevin Burke will hold a news conference to discuss the company's restoration efforts for customers in Astoria, Sunnyside, Woodside, Long Island City and Hunters Point. It will be at 5 p.m. today in Con Edison's Learning Center, 43-82 Vernon Blvd., Long Island City, Queens. Con Edison Media Relations Contact: Chris Olert Telephone: 1-212-460-4111... 
Printer Friendly Version
07/22/06Con Edison Restores Power in Westchester County
NEW YORK, July 22, 2006 - Con Edison crews have restored power to more than 33,800 customers in Westchester County. Power outages were caused by two thunderstorms within 72 hours this week. Approximately 9,500 customers lost power from Friday's storm. On Tuesday, approximately 35,000 customers had their electricity knocked out by that storm. About 2,700 customers remained without power on Saturday afternoon from those two storms. Con Edison's goal is to restore the remaining 1,200 cust... 
Printer Friendly Version
07/21/06Con Edison Crews Continue Working to Restore Power in Queens
NEW YORK, July 21, 2006 – Con Edison has more than 500 splicers, troubleshooters, mechanics, and support personnel working around the clock to restore power to customers in sections of northwest Queens. Crews have been working steadily to identify and repair damaged equipment and to replace burned wiring. Last night, employees drove several miles throughout the affected areas to pinpoint exact locations where customers have lost power in order to expedite the restoration effort. Crews are... 
Printer Friendly Version
07/21/06Con Edison Estimates 25,000 Customers without Power in Northwest Queens; Restoration to Continue Through the Weekend
NEW YORK, July 21, 2006 - Based on last night's visual inspection of the damage to cables in northwest Queens and block-by-block surveys, Con Edison estimates that 25,000 customers in the area are without power. Previous estimates were based on the number of customers who had called the company to say they were without electricity. Con Edison continues to encourage customers to call 1-800-75 CONED to report outages. The company has more than 500 splicers, troubleshooters, mechanics, and ... 
Printer Friendly Version
07/20/06Con Edison Declares Common Stock Dividend
NEW YORK, July 20, 2006 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) [NYSE: ED] today declared a quarterly dividend of 57 - 1/2 cents a share on its common stock, payable September 15, 2006, to stockholders of record as of August 16, 2006. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $25 billion in assets. The company provides a wide range of energy-related products and servi... 
Printer Friendly Version
07/20/06Con Edison Urges Customers In Northwest Queens Area To Reduce Their Use Of Electricity
NEW YORK, July 20, 2006 - Con Edison continues to urge all customers in the Long Island City, Sunnyside, Woodside, Hunters Point and Astoria neighborhoods of Queens to discontinue their use of non-essential electrical appliances and equipment until problems on electrical cables can be resolved. The utility is experiencing difficulties in this area and customer cooperation will help ensure uninterrupted electric service. The affected area is bounded by the East River on the west and north,... 
Printer Friendly Version
07/20/06Statement from Con Edison
NEW YORK, July 20, 2006 - Con Edison wants its customers in Northwest Queens to know that our crews are doing everything possible to restore power to its customers affected by the recent heat wave. The damage to our equipment was significant and extensive. We worked very closely with customers, businesses and city officials this week to ensure that outages weren't more widespread. We have hundreds of crews working around the clock in the area to assess the damage and repair many power cable... 
Printer Friendly Version
07/20/06Con Edison Continues To Restore Power in Westchester County
NEW YORK, July 20, 2006 – Con Edison crews continue to respond to outages and restore power to customers in Westchester County. The company's goal is to restore all customers by Sunday. Con Edison's around-the-clock work continues following a devastating storm that left in its wake a tangle of downed trees and power lines, and approximately 30,000 customers without electrical service. Electricity has been restored to about 18,000 customers and 12,000 remain out of service. Areas with the ... 
Printer Friendly Version
07/20/06Con Edison Asks Customers with Power in Northwestern Queens to Leave a Light on Overnight
NEW YORK, July 20, 2006 - Con Edison is requesting residents in the Long Island City, Sunnyside, Woodside, Hunters Point and Astoria neighborhoods of Queens who have electric service to please leave a light on overnight that will be visible from the street. In order to expedite restoration of power, company personnel will be surveying the area overnight to better identify blocks and homes that are without service. Leaving a visible light on will assist the company in restoring electricity t... 
Printer Friendly Version
07/19/06Con Edison Continues To Urge Customers In Northwest Queens Area To Reduce Their Use Of Electricity
... 
Printer Friendly Version
07/19/06Con Edison Responds To Power Outages In Westchester County
... 
Printer Friendly Version
07/19/06Con Edison Distributes Dry Ice To Westchester Residents
... 
Printer Friendly Version
07/19/06Con Edison Distributes Ice To Residents In Queens
... 
Printer Friendly Version
07/19/06Statement From Con Edison
... 
Printer Friendly Version
07/18/06Con Edison Continues To Urge Customers In Northwest Queens Area To Reduce Their Use Of Electricity
... 
Printer Friendly Version
07/18/06Con Edison Continues To Restore Power In Westchester County
... 
Printer Friendly Version
07/18/06Con Edison Continues To Urge Customers In Northwest Queens Area To Reduce Their Use Of Electricity
... 
Printer Friendly Version
07/17/06In a Heat Wave: Stay Cool & Save Cash!
Con Edison Offers Energy-Savings Tips NEW YORK, July 17 -- Staying cool doesn't mean spending a lot of money. In fact, you can save on your electric bill by following Con Edison's tips to use energy wisely. The company recommends that customers take the following steps: * Accept Con Edison's offer of a free programmable thermostat for homeowners, religious institutions and small businesses with central air conditioning. After the thermost... 
Printer Friendly Version
07/17/06Con Edison Responds To Power Outages In Westchester County
... 
Printer Friendly Version
07/17/06Con Edison Urges Customers In Parts Of Westchester County To Reduce Their Use Of Electricity
... 
Printer Friendly Version
07/17/06Con Edison Urges Customers In Northwest Queens Area To Reduce Their Use Of Electricity
... 
Printer Friendly Version
07/17/06Con Edison Continues To Restore Power In Westchester County
... 
Printer Friendly Version
07/13/06Con Edison Assigns Extra Crews to Restore Power in Westchester County
NEW YORK, July 13 /PRNewswire/ -- More than 100 Con Edison crews are working today to restore electricity in the aftermath of severe storms that swept through Westchester County. Additional crews from Brooklyn and Queens have been assigned to help restore power to customers in Westchester County today. Con Edison continues to assess damage, and overnight restored electricity to more than 8,200 customers in Westchester County. Approximately 10,000 customers were without power ... 
Printer Friendly Version
07/13/06Con Edison Workers Rescue State Trooper During Westchester Tornado
... 
Printer Friendly Version
07/12/06Con Edison Responds To Power Outages In Westchester County
... 
Printer Friendly Version
07/05/06Building to Meet Rising Demand Prompts RECO Rate Request
PEARL RIVER, N.Y., July 5 /PRNewswire/ -- Electric system expansion and service reliability improvements driven by a growing customer base and increasing demands for electricity has prompted Rockland Electric Company (RECO) to file an electric base rate case with the New Jersey Board of Public Utilities (NJBPU). To provide for the continued safety, reliability and security of the 14 distribution substations, 778 miles of overhead distribution lines, 536 conductor miles of un... 
Printer Friendly Version
06/22/06Jorge Lopez Named President & CEO of ConEdison Solutions
; Will Continue the Successful Growth Strategies of His Predecessor WHITE PLAINS, N.Y.--(BUSINESS WIRE)--June 22, 2006--Jorge J. Lopez has been named president and chief executive officer of ConEdison Solutions, effective July 1, the company announced today. As one of the country's leading energy services companies, ConEdison Solutions -- the energy services subsidiary of Consolidated Edison, Inc. (CEI) -- supplies competitively priced energy and energy management services to a wide... 
Printer Friendly Version
05/31/06Con Edison Investing $1.2 Billion for Reliable Electricity This Summer
New Yorkers Advised to Use Energy Wisely NEW YORK, May 31 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) said today that it is investing more than $1.2 billion this year to upgrade and reinforce its electric delivery system for the more than 9 million people it serves in New York City and Westchester County. The investments include the installation of 310 new transformers and substation- related projects to meet growing energy demand. ... 
Printer Friendly Version
05/15/06Con Edison to Shareholders: Infrastructure Investments Nurture Continued Growth
$5.3 Billion Being Invested Over Next Three Years NEW YORK, May 15 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Chairman, President and CEO Kevin Burke told shareholders today at the annual meeting that 2005 was a year of both financial and operational strength for the company. He cited Con Edison's strong balance sheet and stable credit ratings, as well as the company's ability to supply record amounts of energy during one of the hottest summers in m... 
Printer Friendly Version
05/08/06Con Edison CFO Robert Hoglund to Participate in Goldman Sachs Power and Utility Conference
NEW YORK, May 8 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Senior Vice President and Chief Financial Officer Robert Hoglund will participate in three panel discussions at the Sixth Annual Goldman Sachs Power and Utility Conference in Las Vegas, Nev., this week. The panel discussions will be webcast live on Friday, May 12, at the following links: 8:00 a.m. PDT - M&A - Does PUHCA Repeal Really Make it More Attractive? http://customer.talkpoint.com/GOLD006... 
Printer Friendly Version
05/03/06Con Edison CEO Kevin Burke to Participate in American Gas Association Financial Forum
NEW YORK, May 3, 2006 /PRNewswire via COMTEX News Network/ -- Consolidated Edison, Inc. (Con Edison) Chairman, President and Chief Executive Officer Kevin Burke will discuss the company's operations and financial results at the American Gas Association Financial Forum in Scottsdale, Ariz., next week. Burke's presentation - Solid, Steady, Straightforward - will be webcast live on Monday, May 8, at 12 p.m. MST. (Please note: This is 3 p.m. EDT; daylight savings time is not observed in Ariz... 
Printer Friendly Version
05/03/06Con Edison, Inc. Reports 2006 First Quarter Earnings
NEW YORK, May 3 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2006 first quarter earnings of $181 million or $0.74 a share, compared with earnings of $181 million or $0.75 cents a share for the first quarter of 2005. "Con Edison's performance for the first quarter represents a solid start for the year," said Kevin Burke, Chairman, President and Chief Executive Officer. "Our steady focus on operational excellence and continued expansion ... 
Printer Friendly Version
04/20/06Con Edison Declares Common Stock Dividend
NEW YORK, April 20 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today declared a quarterly dividend of 57 1/2 cents a share on its common stock, payable June 15, 2006, to stockholders of record as of May 15, 2006. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $25 billion in assets. The company provides a wide range of energy-related products and services... 
Printer Friendly Version
04/17/06Con Edison Issues Request for Proposal for Demand Side Management Program
Plan Aimed at Managing Electric Load Growth NEW YORK, April 17 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has issued a Request For Proposal (RFP) soliciting applications from qualified parties to supply the company with new demand side management (DSM) resources, delivered to targeted areas in New York City and Westchester County. The RFP calls for a savings of approximately 123 megawatts over a multi-y... 
Printer Friendly Version
03/20/06Con Edison Completes Sale of Telecommunications Unit to RCN Corporation
NEW YORK, March 20 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today it has sold Con Edison Communications, its wholly owned telecommunications subsidiary, to RCN Corporation (Nasdaq: RCNI). Cash proceeds from the transaction are $32 million, plus approximately $7 million in other adjustments. An agreement of sale with RCN was reached last December. All necessary regulatory approvals have been received, as well as the approvals of both compan... 
Printer Friendly Version
02/24/06Con Edison CFO to Participate in Citigroup Power Gas and Utilities Conference
NEW YORK, Feb. 24 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Senior Vice President and Chief Financial Officer Robert Hoglund will participate in two panel discussions at Citigroup Investment Research's First Annual Power, Gas and Utilities Conference. The panel discussions will be webcast live on March 2 and 3 at the following links: Thursday, March 2 at 10 a.m. "What Is the Right Strategy for Managing Commodity Exposure?" http://www.veracast.com/... 
Printer Friendly Version
02/23/06Con Edison Names New Board Member
NEW YORK, Feb. 23 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) announced today the election of L. Frederick Sutherland, executive vice president and chief financial officer of ARAMARK Corporation, to the board of directors of Consolidated Edison, Inc. and to the board of trustees of its subsidiary, Consolidated Edison of New York, Inc. He was elected at the board's February 16 meeting. "We are pleased to welcome Fred to our board and look forward to benefiting from his k... 
Printer Friendly Version
02/16/06Con Edison Announces Appointment of Kevin Burke as Chairman
NEW YORK, Feb. 16 /PRNewswire-FirstCall/ -- The board of directors of Consolidated Edison Inc. (Con Edison) today elected Kevin Burke, currently president and chief executive officer, as chairman of the board. Mr. Burke will succeed Eugene R. McGrath who will retire effective February 28, 2006. Mr. McGrath has served as Con Edison's chairman since 1990. Burke, 55, joined the company in 1973 and held senior positions in system planning, engineering, law, nuclear power, construction,... 
Printer Friendly Version
01/26/06Consolidated Edison, Inc. Reports 2005 Earnings
For Sales and Revenue Information, click here To print press release, click here Increases Dividend for 32nd Consecutive Year NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2005 earnings from continuing operations of $732 million or $3.00 a share, compared with $549 million or $2.33 a share in 2004. The 2004 results include the impact of non-cash after-tax charges totaling $80 million or $0.34 a sh... 
Printer Friendly Version
12/06/05Con Edison Announces Agreement to Sell Telecom Unit to RCN
NEW YORK, Dec. 6 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) announced today it has signed an agreement to sell 100 percent of its wholly owned subsidiary, Consolidated Edison Communications Holding Company, Inc., to RCN Corporation (Nasdaq: RCNI) for approximately $32 million in cash. Con Edison Communications (CEC) builds and operates its own fiber optic network providing managed data transport services, custom networks, local and long-distance voice service... 
Printer Friendly Version
11/03/05Con Edison CEO to Participate in Edison Electric Institute Financial Conference
NEW YORK, Nov 03, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Consolidated Edison, Inc. (Con Edison) President and Chief Executive Officer Kevin Burke will discuss the company's operations and financial results at the 40th Edison Electric Institute Financial Conference. Burke's presentation will be webcast live on Tuesday, November 8, 2005 at 10:30 a.m. EST. The live audio webcast of the discussion can be accessed on the conference Web site, at http://www.talkpoint.com/viewer... 
Printer Friendly Version
10/20/05Con Edison, Inc. Reports 2005 Third Quarter Earnings
For Sales and Revenue Information, click here To print press release, click here NEW YORK, Oct. 20 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2005 third quarter earnings from ongoing operations of $287 million or $1.17 a share, compared with earnings from ongoing operations of $265 million or $1.11 cents a share for the third quarter of 2004. Excluded from the 2004 results is the impact of non-cash charges totaling $15 million after-... 
Printer Friendly Version
10/17/05ConEdison Solutions Entices Massachusetts Electricity Company Customers With Unique 'Price Match' Offer
Novel Initiative Targets Mid-Sized Businesses BURLINGTON, Mass., Oct. 17 /PRNewswire/ -- In an energy marketing initiative believed to be the first of its kind in the nation, commercial, industrial and government energy users can now "name their own price" for electricity in the Massachusetts Electric Company service area, which includes 1.2 million customers and 168 Massachusetts communities. The innovative marketing program was launched in early October by ConEdi... 
Printer Friendly Version
10/12/05Appeals Court Dismisses NU Shareholders' $1.2 Billion Claim
NEW YORK, Oct 12, 2005 /PRNewswire via COMTEX News Network/ -- NEW YORK, Oct. 12 /PRNewswire-FirstCall/-- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported that the United States Court of Appeals for the Second Circuit unanimously determined that the company could not be sued by Northeast Utilities' shareholders for the $1.2 billion difference between the consideration that would have been paid upon consummation of the company's merger with Northeast Utilities and the market ... 
Printer Friendly Version
09/23/05Con Edison CEO to Participate in Merrill Lynch Global Power and Gas Leaders Conference
NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) President and Chief Executive Officer Kevin Burke will discuss the company's operations and financial results at the Merrill Lynch Global Power and Gas Leaders conference on Wednesday, September 28. The presentation will be webcast from New York at 3:30 p.m. (EDT). The live audio webcast of the discussion can be accessed on the conference Web site, at http://www.veracast.com/webcasts/ml/powergas05/... 
Printer Friendly Version
09/06/05Con Edison CFO to Participate In Lehman Brothers CEO Energy/Power Conference
NEW YORK, Sept 06, 2005 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Senior Vice President and Chief Financial Officer Robert Hoglund will discuss the company's operations and financial results at the 2005 Lehman Brothers CEO Energy/Power Conference on Thursday, September 8. The presentation, "Solid, Steady, Straightforward," will be webcast at 11:45 a.m. EDT. The live audio webcast of the presentation and slide materials can be accessed at the Consolid... 
Printer Friendly Version
09/04/05Con Edison Reports Record Power Use Over One Of The Hottest Summers Ever
NEW YORK, Sept. 4 /PRNewswire-FirstCall/ -- The warmer-than-normal temperatures over one of the hottest summers on record pushed electricity use in New York City and Westchester to new heights, Con Edison said today. The utility reported 18,742,739 megawatt hours of electricity consumed during June, July and August, enough power to supply the states of Vermont, Rhode Island and Alaska combined for an entire year. This summer's record electricity use surpassed the 17,491,313 megawatt hour... 
Printer Friendly Version
08/01/05Con Edison Energy-Use Records Topple as Temperatures Soar
NEW YORK, Aug. 1 /PRNewswire-FirstCall/ -- Con Edison said today that the recent heat wave resulted in a number of power-use records for the utility. July saw a new high for monthly electricity sendout -- the cumulative amount of energy used by customers -- of 6,395,843 megawatt hours, surpassing the previous mark of 6,192,161 megawatt hours set in July, 2002. This level of monthly power consumption for New York City and Westchester County is more than the amount of electricity used in Ve... 
Printer Friendly Version
07/27/05Con Edison Continues Record-Setting Power Demand
NEW YORK, July 27, 2005 /PRNewswire via COMTEX/ -- Another electricity usage record has been reached. Con Edison set a record for peak electricity demand of 13,059 megawatts at 5:00 p.m. today, eclipsing the former record of 13,003 megawatts set earlier today at 4:00 p.m. Today also marks the first time in Con Edison's 123-year history of delivering electricity that peak demand, the amount of electricity being used at a given time, has surpassed the 13,000- megawatt mark. Four of the to... 
Printer Friendly Version
07/27/05Con Edison Power Use Tops 13,000 Megawatts
NEW YORK, July 27, 2005 /PRNewswire-FirstCall via COMTEX/ -- Con Edison said today that for the first time in the company's 123-year-history of delivering electricity, peak demand, the amount of electricity being used at a given time, has surpassed the 13,000-megawatt threshold. Electric usage in the company's service area of New York City and Westchester County hit 13,003 megawatts at 4:00 p.m., marking the third time in the past two weeks that a new record was set. Four of the top 10 e... 
Printer Friendly Version
07/27/05Con Edison Again Sets New Power Use Record
NEW YORK, July 27 /PRNewswire-FirstCall/ -- Con Edison said today that for the third time this summer the record for peak electricity use was eclipsed when a level of 12,792 megawatts was reached at 2:00 p.m. today, topping the 12,551 mark hit at 5:00 p.m. yesterday. The peak demand record is expected to rise even higher before the day is over. Four of the top 10 electric peak loads of all time have been reached so far this summer, including a new record for the greatest electricity dema... 
Printer Friendly Version
07/26/05Con Edison Sets Another Record for Electricity Usage
NEW YORK, July 26, 2005 /PRNewswire via COMTEX/ -- Electricity usage records keep toppling. For the second time this summer, Con Edison set a record for peak electricity demand when it reached 12,551 megawatts at 5:00 p.m. today, which beat the former record of 12,361 megawatts set on July 19 at 4:00 p.m. Four of the top 10 electric peak loads of all time have been reached so far this summer. In Con Edison's service area, overall electric consumption has grown by nearly 20 percent ove... 
Printer Friendly Version
07/21/05Con Edison Announces Executive Changes
NEW YORK, July 21 /PRNewswire-FirstCall/ -- Eugene R. McGrath, chairman and chief executive officer of Consolidated Edison, Inc. (Con Edison), today announced that the board of directors has elected Kevin Burke to become a member of the board of directors. In May, it was announced that Burke, currently president and chief operating officer of Consolidated Edison Co. of New York, will succeed McGrath as CEO on September 1. McGrath will continue to serve as chairman of the board. Burke, 5... 
Printer Friendly Version
07/21/05Con Edison, Inc. Reports 2005 Second Quarter Earnings
Company Reaffirms 2005 Earnings Projection For Sales and Revenue Information, click here To print press release, click here NEW YORK, July 21 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) [NYSE: ED] today reported net income for common stock for the second quarter of 2005 of $115 million or 47 cents a share, compared with earnings of $86 million or 37 cents a share for the second quarter of 2004. The company also declared a quarterly dividend of 5... 
Printer Friendly Version
07/19/05Con Edison Sets New Record for Electric Usage
NEW YORK, July 19, 2005 /PRNewswire via COMTEX/ -- Con Edison set an all-time record for peak electricity demand today, reaching 12,361 megawatts at 4:00 p.m., which topped the 12,250 megawatts the company provided at 3:00 p.m. this afternoon. Prior to today, the record was 12,207 megawatts set on August 9, 2001. Three of the top 10 electric peak loads of all time have been reached this summer. In Con Edison's service area, overall electric consumption has grown by nearly 20 percent o... 
Printer Friendly Version
06/14/05Con Edison System Hits New June Peak in Electric Usage
Approaches All-Time Record NEW YORK, June 14 /PRNewswire-FirstCall/ -- Con Edison hit a new peak in electricity demand for the month of June today and also recorded the company's second-highest peak ever. At 5 p.m. today, Con Edison provided 12,138 megawatts in electrical power to its 3.1 million customers, setting a new record for June, which had been 11,875 megawatts set at 4 p.m. on June 26, 2003. That figure was also just short of the all-time peak record of 12,207 megawatts set... 
Printer Friendly Version
06/14/05Con Edison System Hits New Peak in Energy Usage for June
NEW YORK, June 14 /PRNewswire-FirstCall/ -- Con Edison hit a new peak in electricity demand for the month of June as of 4:00 p.m. today by providing 11,937 megawatts in electrical power to its 3.1 million customers, breaking the previous June record of 11,875 megawatts set at 4:00 p.m. on June 26, 2003. The Con Edison system delivers energy to approximately 9 million New York City and Westchester County residents. Con Edison employees are working round the clock to monitor its sys... 
Printer Friendly Version
06/14/05Con Edison Offers Energy Saving Tips During Heat Wave
NEW YORK, June 14 /PRNewswire-FirstCall/ -- Con Edison is reminding customers to take some simple steps to stay cool while managing their energy use wisely during the heat wave that is expected to continue through Wednesday. The company recommends that customers take the following steps: * Make sure air conditioner filters are clean so the machines will run at peak efficiency; * Set thermostats no lower than 78 degrees. Each degree lower increases coo... 
Printer Friendly Version
06/09/05Con Edison President and CFO To Participate in Deutsche Bank Electric Power Conference
NEW YORK, June 9 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) President and Chief Operating Officer Kevin Burke and Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's operations and financial results at the 2005 Deutsche Bank 10th Annual Electric Power Conference on Wednesday, June 15, 2005. The presentation, "Consolidated Edison, Inc.: Stable, Disciplined, Reliable," will be webcast from 3:00 p.m. to 3:... 
Printer Friendly Version
06/06/05Con Edison Continues Building for New York's Future
New Yorkers Reminded to Use Energy Wisely NEW YORK, June 6 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) said today that it is investing more than $1 billion this year to upgrade and reinforce its electric delivery system for more than 3 million customers in New York City and Westchester County. The investments include the installation or replacement of more than 100 miles of new transmission and distribution cables. "Our infrastructure ... 
Printer Friendly Version
05/16/05Con Edison Names Kevin Burke Chief Executive Officer
NEW YORK, May 16 /PRNewswire-FirstCall/ -- Eugene R. McGrath today announced that the Board of Directors has elected Kevin Burke as Consolidated Edison, Inc.'s president and chief executive officer, effective September 1, 2005. Burke will also serve as CEO of Con Edison's principal subsidiary, Consolidated Edison Company of New York. McGrath will continue as chairman of the board. McGrath joined the company in 1963 and has served as chairman and CEO since 1990. "Kevin Burke ... 
Printer Friendly Version
05/16/05Con Edison Tells Shareholders Company Eyeing Growth, Fiscal Stability
NEW YORK, May 16 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman and CEO Eugene R. McGrath told shareholders at the annual meeting today that the company is poised for continued growth as the region's economy prospers. This economic strength, he said, is supported by the company's reliable energy delivery systems, coupled with its financial flexibility and disciplined management. "As we make the investments in the infrastructure that will keep ou... 
Printer Friendly Version
04/28/05Con Edison CFO to Participate in 2005 American Gas Association Financial Forum
NEW YORK, April 28 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's operations and financial results at the 2005 American Gas Association Financial Forum on Monday, May 2. The presentation, "Consolidated Edison, Inc.: Stable, Disciplined, Reliable," will be webcast from New Orleans at 3:15 p.m. CDT (4:15 p.m. EDT). The live audio webcast of the presentation and slide materials can be ... 
Printer Friendly Version
04/21/05Con Edison, Inc. Reports 2005 First Quarter Earnings
For Sales and Revenue Information, click here To print press release, click here NEW YORK, April 21 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) [NYSE: ED] today reported net income for common stock for the first quarter of 2005 of $181 million or 75 cents a share, compared with earnings of $155 million or 69 cents a share for the first quarter of 2004. The company also declared a quarterly dividend of 57 cents a share on its common stock payable June... 
Printer Friendly Version
01/27/05Consolidated Edison, Inc. Reports 2004 Earnings
Increases Dividend For 31st Consecutive Year For Sales and Revenue Information, click here To print press release, click here NEW YORK, Jan 27, 2005 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2004 earnings from ongoing operations of $629 million or $2.67 a share, compared with earnings from ongoing operations of $649 million or $2.95 a share in 2003. Earnings from ongoing operations exclude the effect of ... 
Printer Friendly Version
01/24/05Con Edison Sets New Records for Winter Electric Use
NEW YORK, Jan. 24 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) said today that the company set new records for weekend electricity use this past Saturday and Sunday. On January 22, a new Saturday peak-load record of 7,934 megawatts was reached, followed by a new Sunday record of 7,846 on January 23. Both days eclipsed marks established last winter. In addition, a new weekend record for power consumption was reached when customers used 327,169 megawatt... 
Printer Friendly Version
12/13/04Con Edison Announces Agreement to Sell Telecom Unit to FiberNet
NEW YORK, Dec. 13 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) announced today that it has signed an agreement to sell 100 percent of its wholly owned subsidiary, Consolidated Edison Communications Holding Company, Inc., to FiberNet Telecom Group, Inc. (Nasdaq: FTGX) for approximately $37 million in cash. Con Edison Communications builds and operates its own fiber optic network providing managed data transport services, custom networks, local and long-distance ... 
Printer Friendly Version
10/21/04Con Edison, Inc. Reports 2004 Third Quarter Earnings
Company Reaffirms 2004 Earnings Projections For Sales and Revenue Information, click here To print press release, click here NEW YORK, Oct. 21 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported earnings from ongoing operations of $261 million for the third quarter of 2004 or $1.09 a share, compared with earnings of $257 million or $1.17 a share for the third quarter of 2003. Excluded from the 2004 results is the impact of one-... 
Printer Friendly Version
10/20/04Con Edison CFO to Participate in Edison Electric Institute Financial Conference
NEW YORK, Oct 20, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's operations and financial results at the 39th Edison Electric Institute Financial Conference, on Tuesday, Oct. 26, 2004. Ms. Freilich's presentation, "Stable, Disciplined, Reliable," will be webcast from San Diego, Calif., from 8:15 a.m. to 8:55 a.m. PDT (11:15 a.m. to 11:55 a.m. EDT). ... 
Printer Friendly Version
10/14/04Plug in to Halloween; Con Edison Offers Safety Tips
NEW YORK, Oct. 14 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) advises customers to use caution when installing electric devices in preparation for Halloween. As decorations for this celebration are becoming more elaborate, the company recommends basic rules to keep families safe. The National Retail Federation estimates that this year's Halloween spending in the United States will reach $3.12 billion. Its survey also estimates that 49 percent of cons... 
Printer Friendly Version
09/23/04Con Edison CFO to Participate in Merrill Lynch Global Power and Gas Leaders Conference
NEW YORK, Sep 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will participate in a panel discussion titled, "Size and Scale," at the Merrill Lynch Global Power and Gas Leaders conference on Tuesday, September 28, 2004. Ms. Freilich will discuss how Con Edison has remained focused on the basics of its core business -- delivering energy reliably to its customers. The presentation wil... 
Printer Friendly Version
09/03/04Con Edison CFO to Participate In Lehman Brothers CEO Energy/Power Conference
NEW YORK, Sep 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's operations and financial results at the 2004 Lehman Brothers CEO Energy/Power Conference on Thursday, September 9. The presentation, "Consolidated Edison, Inc.: Stable, Disciplined, Reliable," will be webcast at 1:45 p.m. EDT. The live audio webcast of the presentation and slide materials can ... 
Printer Friendly Version
07/22/04Con Edison, Inc. Reports 2004 Second Quarter Earnings
Company Reaffirms 2004 Earnings Projections For Sales and Revenue Information, click here To print press release, click here NEW YORK, Jul 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported net income for common stock for the second quarter of 2004 of $86 million or 37 cents a share, compared with earnings of $66 million or 29 cents a share for the second quarter of 2003. The company also declared a quarterly ... 
Printer Friendly Version
07/06/04Con Edison Named as One of Fortune's 50 Best Companies for Minorities
NEW YORK, July 6 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has been named by FORTUNE Magazine as one of "America's 50 Best Companies for Minorities." The utility placed 22nd on the list, moving up seven notches from last year's ranking. Con Edison consistently has been named to the FORTUNE list since the publication instituted the national survey in 1998. "Con Edison is proud to be included as one of America's 50 best companies for minori... 
Printer Friendly Version
06/09/04Con Edison CFO to Participate in Deutsche Bank Electric Power Conference
NEW YORK, Jun 9, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's operations and financial results at the Deutsche Bank Electric Power Conference on Tuesday, June 15, 2004. The presentation, "Consolidated Edison, Inc.: Stable, Disciplined, Reliable," will be Webcast from 8:00 a.m. to 8:45 a.m. EDT. The live audio Webcast of the presentation and slide materia... 
Printer Friendly Version
06/07/04Con Edison Invests to Meet Growing Electric Use and Support Economic Development
New Yorkers Urged to Use Energy Wisely NEW YORK, June 7 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) is investing more than $700 million this year to upgrade and reinforce its electric delivery system for the 9 million people it serves in New York City and Westchester County. The investments include the construction of new substations to meet growing electric demand, the installation of miles of new transmission and distribution cabl... 
Printer Friendly Version
06/02/04Con Edison of New York to Redeem Debentures
NEW YORK, Jun 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison Company of New York, Inc. announced that today it will call for redemption on July 2, 2004 all of its outstanding 7.35% Public Income NotES, (7.35% Debentures, Series 1999 A) (NYSE: EPI) at a redemption price of 100% of the principal amount thereof, together with interest accrued on the Debentures on July 1, 2004. The regular quarterly interest payment due July 1, 2004 will be paid to holders of record of the D... 
Printer Friendly Version
05/26/04Con Edison Marks Opening of Electrical Substation at 7 World Trade Center
Replaces Facility Destroyed on 9-11 NEW YORK, May 26 /PRNewswire-FirstCall/ -- Heralding another step in the rebuilding of Ground Zero, Con Edison Chairman and CEO Eugene R. McGrath joined Governor George E. Pataki today to mark the return of a fully operational electrical substation at 7 World Trade Center, which replaces the facility destroyed during the 9-11 terrorist attacks. The substation, which converts high voltage power to lower voltage for use in office buildings and... 
Printer Friendly Version
05/21/04Con Edison Salutes New York City Envirothon 2004 Champions
NEW YORK, May 21 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) today joined a ceremony at the Department of Parks and Recreation Arsenal Gallery honoring the winners of the New York City Envirothon 2004. The New York City Soil and Water Conservation District hosted the event last month at the New York Botanical Garden in The Bronx. This is the sixth year that Con Edison sponsored the competition, which tests New York City high school students on environmental field... 
Printer Friendly Version
05/17/04Con Edison Tells Shareholders Company Remains Focused on Core Energy Delivery Business
Financial Strength Enables Investments to Support Region's Economic Growth NEW YORK, May 17 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman Eugene R. McGrath, at the company's annual meeting today, told shareholders that they would continue to benefit from the company's sustained focus on its core utility business and its disciplined financial management. He also explained that as the economy of the area has recovered, energy use has grown, prese... 
Printer Friendly Version
05/12/04Con Edison Announces Pricing for Common Stock Offering
NEW YORK, May 12 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today the pricing of the public offering of 14,000,000 common shares at $37.74 per share. The public offering raised approximately $528.4 million in gross proceeds for Con Edison. These securities will be issued under the company's existing shelf registration statements with the Securities and Exchange Commission. The common shares are expected to be issued on May 14, 2004, subject to ... 
Printer Friendly Version
05/10/04Con Edison Revises 2004 Earnings Projection
NEW YORK, May 10 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (NYSE: ED) separately announced today its plans to issue common stock in a public offering. The issue will result in dilution to year 2004 earnings of approximately 10 cents per share. The company now expects its earnings for the year 2004 to be in the range of $2.50 to $2.70 a share. The company's previous forecast of 2004 earnings was in the range of $2.60 to $2.80 per share. This press release contains forwar... 
Printer Friendly Version
05/10/04Con Edison Announces Plans for Common Stock Offering
NEW YORK, May 10 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (NYSE: ED) announced today (Monday, May 10, 2004) that it plans to commence a public offering of 14,000,000 common shares. In connection with the offering, the company will grant the underwriters an option for a period of 30 days to purchase up to an additional 1,400,000 common shares to cover over-allotments. The offering will be made under the company's existing shelf registration statements, which have bee... 
Printer Friendly Version
04/30/04Con Edison Seeks First Electric Rate Increase in 10 Years
New Electrical Facilities and Investments Needed for New York's Economic Growth NEW YORK, April 30 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) today filed a rate request with the state Public Service Commission (PSC) seeking support of continued major investments in its electric energy infrastructure. The investments are needed to maintain Con Edison's high level of service reliability and to mee... 
Printer Friendly Version
04/29/04Con Edison to Participate in 2004 American Gas Association Financial Forum
NEW YORK, April 29 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. President and Chief Operating Officer Kevin Burke and Consolidated Edison, Inc. Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's operations and financial results at the 2003 American Gas Association Financial Forum on Monday, May 3, 2004. The presentation, "Consolidated Edison, Inc.: Stable, Disciplined, Reliable," will be Webcast from Bonita Springs, F... 
Printer Friendly Version
04/22/04Con Edison, Inc. Reports 2004 First Quarter Earnings
NEW YORK, April 22 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported net income for common stock for the first quarter of 2004 of $155 million or 69 cents a share, compared with earnings of $154 million or 72 cents a share for the first quarter of 2003. The company also declared a quarterly dividend of 561/2 cents a share on its common stock payable June 15, 2004 to stockholders of record as of May 12, 2004. "Con Edison's performance for the ... 
Printer Friendly Version
01/22/04Con Edison, Inc. Reports 2003 Earnings
Increases Dividend for the 30th Consecutive Year NEW YORK, Jan 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2003 earnings from ongoing operations of $624 million or $2.83 a share, compared with earnings from ongoing operations of $668 million or $3.14 a share in 2002. Excluded from these results in 2003 are impairment charges for certain unregulated telecommunications and generating assets and the impact of a regulatory set... 
Printer Friendly Version
01/16/04Con Edison Sets New Records for Winter Electric Use
NEW YORK, Jan. 16 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) said today that Thursday (January 15) set a record for one-day winter electricity use of 177,528 megawatt hours, shattering the previous weekday winter record set last year. On Wednesday, the utility, which serves 9 million people in New York City and Westchester County, saw a usage of 172,985 megawatt hours, the third highest ever winter's day consumption. Cold weather peak load records al... 
Printer Friendly Version
10/30/03Con Edison Named Most Reliable Utility in North America
NEW YORK, Oct 30, 2003 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has been named the most reliable electric utility in North America for the second year in a row by PA Consulting Group, an international consultant, which presented the company with its National Achievement Award for "sustained leadership and achievement in the area of electric reliability." "Con Edison's 13,000 employees are the foundation of our electrical system's ... 
Printer Friendly Version
10/30/03Con Edison Sponsors Advocacy Today: New Directions in Health, Safety And Wellness
Health Professionals Share Expertise With Social Services Providers NEW YORK, Oct. 30 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) hosted its annual Customer Outreach conference today at Con Edison's Learning Center in Long Island City. This year's conference "Advocacy Today: A Con Edison Forum on New Directions in Health, Safety and Wellness" brought together recognized health experts who shared their knowledge and experience with a group of social-ser... 
Printer Friendly Version
10/23/03Con Edison CFO to Participate in Edison Electric Institute Financial Conference
NEW YORK, Oct 23, 2003 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will give a presentation titled "Delivering the Power" at the 38th Edison Electric Institute Financial Conference, on Tuesday, October 28, 2003. Ms. Freilich will discuss how Con Edison has remained focused on its core utility business - delivering energy reliably to its customers. The presentation will be Webcast at 7:30... 
Printer Friendly Version
10/22/03New York Public Service Commission Approves O&R Electric And Gas Rate Plans; Infrastructure Improvements Key To Economic Growth
PEARL RIVER, NY October 22, 2003 - The New York Public Service Commission today approved rate plans for Orange and Rockland Utilities, Inc.'s electric and natural gas delivery rates. The rate plans, covering the three-year period ending October 2006, set delivery rate levels for the Company's New York energy delivery services. O&R's President and Chief Executive Officer John McMahon said, "A strong utility infrastructure is key to the area's continued economic growt... 
Printer Friendly Version
10/16/03Con Edison, Inc. Reports Third Quarter Earnings and Declares Dividend
NEW YORK, Oct. 16 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported net income for common stock for the third quarter of 2003 of $257 million or $1.17 a share compared with earnings of $284 million or $1.34 a share for the third quarter of 2002. The company also declared a quarterly dividend of 56 cents a share on its common stock payable December 15, 2003 to stockholders of record as of November 12, 2003. "We're seeing the underlying strengt... 
Printer Friendly Version
09/19/03Con Edison Continues Power Restoration in the Aftermath of Hurricane Isabel
NEW YORK, Sept. 19 /PRNewswire-FirstCall/ -- Con Edison crews continue to restore electric power to customers whose service was interrupted from Hurricane Isabel. Fallen trees and branches accounted for nearly 29,000 customers losing power last night and today. As of 4 p.m. today, power was returned to more than 27,000. Con Edison mobilized more than 400 crews, including 26 brought in from New England, to repair the damage to its electric system. Tree-trimming crews are assisting... 
Printer Friendly Version
09/19/03Con Edison Restores Power Outages in the Aftermath of Hurricane Isabel
NEW YORK, Sept 19 /PRNewswire/ -- Con Edison crews worked through the night, and will continue working through today, restoring electric power to customers whose service was interrupted as high winds and rain from Hurricane Isabel buffeted the region. Fallen trees and branches accounted for nearly 24,000 customers losing power overnight. By 9:30 a.m. today, power was returned to more than 18,500. The majority of the power outages were in Staten Island and Westchester County. Con ... 
Printer Friendly Version
09/18/03Con Edison Issues Condition Red Weather Alert As Hurricane Isabel Continues to Advance
NEW YORK, Sept. 18 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) declared a Condition Red weather alert tonight for its electric distribution system in New York City and Westchester County in anticipation of possible damage from Hurricane Isabel. Alerts are generally declared when major weather systems are approaching that could affect service to Con Edison's customers. The company has mobilized emergency personnel and equipment and crews are on standby ... 
Printer Friendly Version
09/18/03Con Edison Issues Condition Yellow Weather Alert As Hurricane Isabel Advances
NEW YORK, Sept. 18 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) declared a Condition Yellow weather alert for its electric distribution system in New York City and Westchester County in anticipation of possible damage from Hurricane Isabel. Alerts are generally declared when major weather systems are approaching that could affect service to Con Edison's customers. The company is mobilizing emergency personnel and equipment and crews are on standby to be... 
Printer Friendly Version
09/17/03Con Edison's Emergency Plans in Place as East Coast Awaits Hurricane Isabel
Customers Reminded to be Prepared in Case Storm Hits New York NEW YORK, Sep 17, 2003 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has emergency plans in place to respond to power problems caused by strong winds and heavy rains from Hurricane Isabel. Extra crews have been mobilized if there is a need to repair downed utility poles and electric cables, and company employees have been inspecting overhead power lines. Tree-trimming crews are ... 
Printer Friendly Version
09/16/03Con Edison Takes Precautions as Hurricane Isabel Approaches East Coast
Customers Advised to be Prepared in Case Storm Hits New York NEW YORK, Sept. 16 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) is preparing for Hurricane Isabel in the event the storm strikes the New York area this week. The company is in close contact with the National Weather Service, the New York City Office of Emergency Management, Westchester County's Office of Emergency Services as well as other utilities for crew support if the need arises. ... 
Printer Friendly Version
09/15/03Con Edison CEO to Participate in Merrill Lynch Power and Gas Leader's Conference
NEW YORK, Sep 15, 2003 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Chairman and Chief Executive Officer Eugene R. McGrath will participate in a panel discussion titled, "Delivering the Juice," at the Merrill Lynch Power and Gas Leader's conference on Thursday, September 18, 2003. McGrath will discuss how Con Edison has remained focused on the basics of the utility business -- delivering energy reliably to its customers. The presentation will be Webcast fro... 
Printer Friendly Version
08/11/03Con Edison, Sarnoff Engineers Earn Global Honor For GPS-Based System to Bring Substation On Line
Named to '50 Key IT Players in Energy' Annual Honors List; Invention Solved Problem of Rebuilding Electric Infrastructure After 9/11 Attack NEW YORK and PRINCETON, N.J., Aug. 11 /PRNewswire-FirstCall/ -- Paul V. Stergiou, a senior engineer at Consolidated Edison of New York, and David Kalokitis, a member of the technical staff at Sarnoff Corporation, have been named to the list of "50 Key Information Technology Players in Energy," a global honors program run by RaderEnergy, ... 
Printer Friendly Version
07/17/03Con Edison, Inc. Reports Second Quarter Earnings
Company Reaffirms 2003 Earnings Projection NEW YORK, Jul 17, 2003 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (NYSE: ED) today reported net income for common stock for the second quarter of 2003 of $66 million or 29 cents a share, compared with earnings of $98 million or 46 cents a share, for the second quarter of 2002. The company also declared a quarterly dividend of 56 cents a share on its common stock payable September 15, 2003 to stockholders of record as of August ... 
Printer Friendly Version
07/16/03Con Edison Named to FORTUNE's '50 Best Companies for Minorities'
NEW YORK, July 16 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has been named by FORTUNE Magazine as one of America's 50 Best Companies for Minorities. Con Edison consistently has been named to the FORTUNE list since the publication instituted the national survey in 1998. Con Edison placed 29th on the list that appears in the magazine's July 2003 issue. FORTUNE magazine conducts the annual survey, which is sent to all FORTUNE 100 companies, ... 
Printer Friendly Version
06/19/03Con Edison Celebrates 180 Years of Providing Service to New York City
NEW YORK, June 19 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. Chairman and CEO Eugene R. McGrath will ring The Closing Bell(TM) on the New York Stock Exchange today in recognition of the utility's 180 years of providing service to New York City. Con Edison's earliest corporate predecessor, the New York Gas Light Company, was incorporated in 1823, nearly 60 years before Thomas Edison's Pearl Street generating station began supplying electricity to 59 customers in a one-square-mile ... 
Printer Friendly Version
06/06/03Con Edison Issues Request for Proposals to Encourage Energy Conservation Customers to Save on Bills
NEW YORK, June 6 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has issued a Request For Proposals (RFP) seeking qualified respondents to administer a program aimed at reducing electricity use during peak periods by 125 megawatts over five years beginning May 1, 2004. A reduction in peak energy use of 125 megawatts would represent saving the energy required to power 125,000 homes. The company is seeking to achieve these energy... 
Printer Friendly Version
06/05/03Con Edison CFO to Participate in Deutsche Bank Electric Power Conference
NEW YORK, June 5 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's corporate and financial strategies at the Deutsche Bank 8th Annual Electric Power Conference on Tuesday, June 10, 2003. Ms. Freilich's presentation, "We Never Left the Basics," will be Webcast from 11:15 a.m. to 12:00 noon EDT. The live audio Webcast of the presentation and slide materials can be accessed ... 
Printer Friendly Version
06/03/03Con Edison's Investments Help Ensure Reliable Power for Customers This Summer
New Yorkers Encouraged to Use Energy Wisely NEW YORK, June 3 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) is investing $522 million this year in upgrades to its electric delivery system for the summer, the company said today. "These upgrades and improvements reflect Con Edison's commitment to continuing to provide the most reliable electric delivery service in the country," said Lou Rana, senior vice president of electric operations for C... 
Printer Friendly Version
05/19/03Con Edison to Shareholders: Staying With Basics Maintains Strong Financial Position
Electric Load Growth Continues NEW YORK, May 19 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Chairman Eugene R. McGrath, at the company's annual meeting today, highlighted the utility's strong balance sheet and overall financial position and its continued record of increasing shareholder value. McGrath cited Con Edison's average total annual return to shareholders of 9.2 percent over the past 10 years, stressed the company's disciplined and straightfor... 
Printer Friendly Version
05/19/03Con Edison Statement Re: Northeast Utilities Shareholders' Lawsuit
NEW YORK, May 19, 2003 /PRNewswire-FirstCall via COMTEX/ -- As previously reported in Consolidated Edison, Inc.'s (Con Edison) periodic filings with the Securities and Exchange Commission, in 2001 Con Edison sued Northeast Utilities to recover damages for its breach of their merger agreement. Northeast Utilities alleges that Con Edison breached the merger agreement and is pursuing a counter-claim against Con Edison for damages in excess of $1.2 billion. Con Edison believes that Northeast... 
Printer Friendly Version
05/19/03Con Edison Revises 2003 Earnings Projection
NEW YORK, May 19 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (NYSE: ED) separately announced today a public offering of its common shares. The issue will result in dilution to year 2003 earnings of approximately 8 cents per share. The company now expects its earnings for the year 2003 to be in the range of $2.82 to $2.97 a share. The company's previous forecast of 2003 earnings was in the range of $2.90 to $3.05 per share. This press release contains forward-looking stateme... 
Printer Friendly Version
05/19/03Con Edison Announces Public Offering of Common Shares
NEW YORK, May 19 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced it has agreed to offer 8,700,000 of its common shares generating gross proceeds of approximately $345 million. These securities will be issued under the company's effective shelf registration statement filed with the Securities and Exchange Commission. The common shares are expected to be issued on May 23, 2003, subject to customary closing conditions. In connection with the offe... 
Printer Friendly Version
05/01/03Kids: Grab Your Mouse, Get The Power
Con Edison Launches Electrifying Web site www.coned.com/kids NEW YORK, May 1 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has launched "Con Edison Kids," a creative and entertaining Web site that introduces a number of energy-related concepts to children of all ages. The Web site is part of an extensive effort to make schoolchildren in Con Edison's service area more aware of energy efficiency. Images filled ... 
Printer Friendly Version
05/01/03Con Edison Opens National Research Facility in the Bronx; Center for Excellence Is Partnership with EPRI, Electricity R&D Group
NEW YORK, May 1 /PRNewswire/ -- Con Edison engineers are studying the future of reliable electricity at the new $10 million Con Edison Cable & Splice Center for Excellence in the Bronx in conjunction with the Electric Power Research Institute (EPRI). Computerized testing equipment that's unique in North America, including a "weathered" manhole where the climate can be controlled to mimic conditions under a New York street, are at the heart of the research facility. It is expec... 
Printer Friendly Version
05/01/03Con Edison CFO to Participate in 2003 American Gas Association's Financial Forum
NEW YORK, May 1 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's corporate and financial strategies at the 2003 American Gas Association's Financial Forum on Monday, May 5, 2003. Ms. Freilich's presentation, "We Never Left the Basics," will be Webcast from Scottsdale, Ariz. from 4:05 p.m. to 4:50 p.m. (PDT) (7:05 p.m. to 7:50 p.m. EDT). The live audio Webcast of the pres... 
Printer Friendly Version
04/29/03Con Edison Communications Provides International Securities Exchange With Connection to SIAC's Communications Infrastructure
NEW YORK--(BUSINESS WIRE)--April 29, 2003-- ISE Purchases CEC's PowerWave Wavelength, PowerLan Ethernet Services For Primary, Business Continuity Protection Services Con Edison Communications (CEC), a subsidiary of Consolidated Edison, Inc. (NYSE: ED), today announced that the International Securities Exchange (ISE), the first and only fully electronic US options exchange, is connecting to the next-generation communications infrastructure developed by CEC for the Securities In... 
Printer Friendly Version
04/29/03Con Edison Awards Contract for 500 Megawatts of Electric Capacity
NEW YORK, April 29 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has awarded a 10-year contract for 500 megawatts of electric capacity and energy to Astoria Energy LLC, a subsidiary of SCS Energy LLC. The power will be supplied from a new, natural gas fired power plant to be built in Astoria, N.Y., which is scheduled to begin providing electricity by May 1, 2006. Astoria Energy received the required Certificate of Environmental Compa... 
Printer Friendly Version
04/17/03Con Edison, Inc. Reports First Quarter Earnings
Company Reaffirms 2003 Earnings Projection NEW YORK, Apr 17, 2003 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. today reported net income for common stock for the first quarter of 2003 of $154 million or 72 cents a share, compared with earnings of $146 million or 68 cents a share, for the first quarter of 2002. Net income for the 2002 period includes a one-time goodwill impairment charge of $20 million after-tax, related to certain unregulated generating assets. Excluding ... 
Printer Friendly Version
03/28/03Con Edison Statement on Asbestos Lawsuit
NEW YORK, March 28 /PRNewswire-FirstCall/ -- On March 26, 2003, a jury awarded a 53-year old man $47 million for asbestos-related injuries. The man was employed by a subcontractor who did work in the 1970s on two power plants being constructed for Con Edison. The jury found that Con Edison was 34 percent liable for the damages. If the verdict is ultimately upheld, the Company believes it is entitled to full reimbursement from other entities. Con Edison (NYSE: ED) believes that the prelimina... 
Printer Friendly Version
03/24/03Con Edison One of America's Most Admired Companies
NEW YORK, Mar 24, 2003 /PRNewswire-FirstCall via COMTEX/ -- FORTUNE Magazine has named Consolidated Edison, Inc. (NYSE: ED) one of America's Most Admired Companies in the publication's newest corporate ranking survey. Con Edison ranked second on the top ten list for electric and gas utilities. FORTUNE has conducted the ranking of corporate reputations for 21 years, and has recognized Con Edison in the past, including last year's distinction as one of the Best Companies for Minorities. ... 
Printer Friendly Version
03/17/03Con Edison Communications Launches PowerNet Internet, PowerCall Voice Services in NYC
New Offerings Mark CLEC's Entrance Into Small, Medium Business Markets; Also Targeting Enterprises NEW YORK, Mar 17, 2003 (BUSINESS WIRE) --Con Edison Communications (CEC), a subsidiary of Consolidated Edison Inc., today introduced two new service offerings, PowerNet Internet and PowerCall Voice Services. In addition to addressing the needs of its New York City-based enterprise customers, the new services also mark the company's entrance into the under-served small and medium business... 
Printer Friendly Version
03/17/03Con Edison Breach of Contract Claim Against Northeast Utilities Continues
NEW YORK - Con Edison announced today that the federal district court in Manhattan has ruled on certain motions in connection with its pending suit against Northeast Utilities (NU) arising out of their merger agreement. The court ruled that Con Edison's claim for hundreds of millions of dollars against NU for breach of the merger agreement, as well as Con Edison's claim that NU underwent a material adverse change, will proceed to trial. The court also ruled that Con Edison... 
Printer Friendly Version
03/17/03Statement from Consolidated Edison Inc.
Con Edison Breach of Contract Claim Against NU Continues NEW YORK, March 17 /PRNewswire-FirstCall/ -- Con Edison announced today that the federal district court in Manhattan has ruled on certain motions in connection with its pending suit against NU arising out of their merger agreement. The court ruled that Con Edison's claim for hundreds of millions of dollars against NU for breach of the merger agreement, as well as Con Edison's claim that NU underwent a material adverse change... 
Printer Friendly Version
01/16/03Con Edison Reports Solid Results for 2002; Increases Dividend for the 29th Consecutive Year
print this release print financials NEW YORK, Jan. 16 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (NYSE: ED) today (THURSDAY, JANUARY 16, 2003) reported year 2002 net income for common stock of $668.1 million or $3.14 a share, before the cumulative effect of two changes in accounting principles, compared with earnings of $682.2 million or $3.22 a share in 2001. The company also declared a quarterly dividend of 56 cents a share on its common s... 
Printer Friendly Version
12/26/02ConEdison Solutions to Donate 83,000 Watts of Wind Power on New Year's Eve - Enough to Light the Times Square Ball
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Dec. 26, 2002--At the stroke of midnight on New Year's Eve ConEdison Solutions(R), one of the leading energy service providers in the United States, will donate to the New York State power grid 83,000 watts of electricity generated by an upstate wind farm - an amount equal to the power used to light the New Year's Eve ball and 2003 numerals in Times Square. The electricity for the New Year's Eve ball and numerals, equivalent to ... 
Printer Friendly Version
12/17/02Con Edison to Issue Request for Proposal Seeking Contract For Electric Capacity
Plan Aimed At Spurring New Power Plant Construction NEW YORK, Dec. 17 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has issued a Request For Proposal (RFP) seeking a contract to purchase 500 megawatts of electric capacity from a new facility located in New York City or a facility outside of New York City that has new transmission dedicated to the city. The contract would run for no more than 10... 
Printer Friendly Version
12/13/02Con Edison Sponsors Advocacy Today: New Resources, New Opportunities
Advocacy Professionals Come Together In Search Of New Tools To Serve Better the Latino Population And Its Working Poor NEW YORK - December 13, 2002 - Consolidated Edison Company of New York, Inc. (Con Edison) welcomed professionals from a myriad of New York City advocacy groups to its conference, Advocacy Today: New Resources, New Opportunities. The conference, held yesterday at Con Edison's Learning Center in Long Island City, explored new tools to improve the serv... 
Printer Friendly Version
12/12/02Con Edison of New York to Redeem Debentures
NEW YORK, Dec. 12 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. announced that today it will call for redemption on January 12, 2003 all of its outstanding 7 3/4% Quarterly Income Capital Securities, (Series A Subordinated Deferrable Interest Debentures) at a redemption price of 100% of the principal amount thereof, together with accrued interest from January 1, 2003 to and including January 11, 2003. The securities should be surrendered for... 
Printer Friendly Version
12/04/02U.S. Department of Transportation Awards Con Edison Pipeline Research Contract
Radar Will Enhance Damage Protection, Leak Detection NEW YORK, Dec. 4 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has been awarded a $439,999 pipeline safety research contract by the U.S. Department of Transportation (DOT). The company will work in partnership with Witten Technologies and Electromagnetic Instruments, Inc. to develop a 3-D digital mapping system for identifying steel and plastic underground equipment, and detecting leaks. ... 
Printer Friendly Version
11/26/02Capital Projects Key To O&R's Filing A New Gas Rate Plan; Utility To Seek 1st Gas Rate Increase Since 1992
PEARL RIVER, NY, November 26, 2002 - Orange and Rockland Utilities, Inc., citing, among other issues, substantial infrastructure improvements, including a program to install new gas pipe in large portions of its natural gas delivery system, today said it is filing a request for an increase in its gas delivery rates with the New York State Public Service Commission on Wednesday, November 27. The increase is sought to support economic growth in the service area and to ... 
Printer Friendly Version
11/22/02Con Edison Honored With Minority Purchasing Council Award
NEW YORK, Nov. 22 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) was recently named Regional Corporation of the Year by the New York/New Jersey Minority Purchasing Council, Inc. This is the third consecutive year that Con Edison has been honored by the Council. The company received the award at a ceremony at the Times Square Marriott Marquis. "Con Edison's commitment to increasing the inclusion of minority and women-owned busi... 
Printer Friendly Version
11/20/02Con Edison Named Energy Company of the Year
NEW YORK, Nov. 20 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has been named Energy Company of the Year at the Fourth Annual Global Energy Awards sponsored by Platts/Businessweek. The utility, which serves 3.1 million electric customers in New York City and Westchester County, New York, was selected from among the nation's leading firms during a November 18 ceremony at the Plaza Hotel. Judgi... 
Printer Friendly Version
11/15/02Con Edison Named Most Reliable Utility in North America
NEW YORK, Nov. 15 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has been named the most reliable utility in North America by an international consultant, PA Consulting Group. The utility, which has 3.1 million electric customers in New York City and Westchester County, New York, was awarded the ReliabilityOne citation during a ceremony November 14 in New York City. PA Consulting found that Con... 
Printer Friendly Version
11/14/02Con Edison Announces Executive Appointments
NEW YORK, Nov. 14 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today several executive appointments at both its regulated utilities and its competitive businesses. Stephen B. Bram, currently President and Chief Executive Officer of Orange and Rockland Utilities, Inc. will become Group President, Energy and Communications. In this role, Bram will oversee the operations of Con Edison Solutions, Con Edison Energy, Con Edison Deve... 
Printer Friendly Version
11/05/02Con Edison Enjoys Successful Utility Partners WorkUP Rollout
TAMPA, Fla.--(BUSINESS WIRE)--Nov. 5, 2002--Utility Partners, Inc., a leading provider of comprehensive mobile workforce management solutions for the utility industry, announces the successful rollout of WorkUP at Con Edison's Gas Operations facilities serving New York City and Westchester County, New York. Project Scope and Purpose At this time, the product is only being used for handling "emergency" calls. In the four months that the system has been in use, ... 
Printer Friendly Version
10/28/02Royal Bank of Scotland Selects Con Edison Communications to Protect Its Metro-Area Network; Bank Sites CEC's Network Diversity and `Can-Do Approach' as Primary Selection Criteria
NEW YORK, Oct 28, 2002 (BUSINESS WIRE) -- Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED), today announced that it will provide network services for the Royal Bank of Scotland. The Royal Bank of Scotland chose CEC to engineer and implement diverse network routes to its disaster recovery facility and its worldwide WAN. The Royal Bank of Scotland provides financing, risk management and investment solutions to companies and institutions th... 
Printer Friendly Version
10/25/02White House Chairman of the Council on Environmental Quality Addresses Con Edison Conference
Company Hosts First Annual Environmental Leadership Forum NEW YORK, Oct 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison Company of New York, Inc. (Con Edison) hosted its first annual environmental forum at its Learning Center in Long Island City yesterday. The forum, Commitment to Excellence: Practical Approaches to Environmental Leadership, brought together environmental leaders from major corporations in the Northeast to discuss environmental excellence and successful... 
Printer Friendly Version
10/17/02Con Edison, Inc. Reports Third Quarter Earnings and Declares Dividend
NEW YORK, Oct 17, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (NYSE: ED) today (THURSDAY, OCTOBER 17, 2002) reported net income of $283.7 million for the third quarter of 2002 or $1.34 a share, compared with earnings of $277.3 million or $1.31 a share for the third quarter of 2001. The company's net income for the first nine months of 2002 before cumulative effect of a change in accounting principle was $547.9 million or $2.58 a share, compared with earnings of $557... 
Printer Friendly Version
09/16/02Con Edison CFO to Participate in Merrill Lynch Global Power and Gas Leaders Conference Webcast
NEW YORK, Sep 16, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's corporate and financial strategies at the Merrill Lynch Global Power and Gas Leaders Conference on Wednesday, September 18, 2002. Ms. Freilich's presentation, "We Never Left the Basics," will be Webcast at 11:45 a.m. EDT. The live audio Webcast of the presentation and slide materials can be acc... 
Printer Friendly Version
09/04/02Con Edison Communications and The Securities Industry Automation Corporation -SIAC- to Build Next-Generation Communications Infrastructure for Securities Industry
CEC Fiber Optic Network To Serve As Backbone Of New Communications Infrastructure NEW YORK, Sep 4, 2002 (BUSINESS WIRE) -- Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED), today announced that it has entered into an agreement with SIAC to build the new Secure Financial Transaction Infrastructure (SFTI). In the aftermath of September 11, financial firms are seeking to provide assurance of day-in, day-out service reliability for their c... 
Printer Friendly Version
09/04/02Con Edison Sets New Three-Month Record For Energy Use
NEW YORK - Consolidated Edison Company of New York, Inc. (Con Edison) said today that June, July and August set a record for a three-month electricity sendout of 17,491,313 megawatt hours, nearly 4 percent above the prior record of 16,826,355 megawatt hours set during June, July and August, 2001. This is more than the amount of electricity consumed in North Dakota and South Dakota combined for an entire year. This summer, the utility had set a new two-month sendout record durin... 
Printer Friendly Version
09/03/02Con Edison CFO to Participate in Lehman Brothers CEO Energy/Power Conference Webcast
NEW YORK, Sep 3, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will discuss the company's corporate and financial strategies at the Lehman Brothers CEO Energy/Power Conference on Thursday, September 5, 2002. Ms. Freilich's presentation, "We Never Left the Basics," will be Webcast from 11:20 a.m. to 11:55 a.m. EDT. The live audio Webcast of the presentation and slide materials can be ... 
Printer Friendly Version
07/31/02Con Edison Selects Cisco Metro Ethernet Switching Solution for Its PowerLan Metro Ethernet Services
Cisco Switches Become Foundation Of Full Range Of Ethernet Services For Customers In The New York Metropolitan Area NEW YORK, Jul 31, 2002 (BUSINESS WIRE) -- Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE:ED) today announced it has chosen Cisco Systems as a premier equipment supplier for its PowerLan Metro Ethernet Services. CEC will use the Cisco Catalyst 3550 Series of Intelligent Ethernet Switches at the metro access edge and the Cisco 760... 
Printer Friendly Version
07/23/02Con Edison Meets Customer Energy Needs As Demand Hits Second Highest Peak of The Year
NEW YORK, Jul 23, 2002 /PRNewswire-FirstCall via COMTEX/ -- At 4 p.m. today, Con Edison hit its second highest peak demand this year, by providing 12,074 megawatts in electrical power to its 3.1 million customers. The current peak for this year was set on Wednesday, July 3, at 5 p.m., when Con Edison provided 12,086 megawatts of electric power to its customers. Today's peak is the sixth highest in the company's history. Con Edison has spent $533 million this year on its electrical distr... 
Printer Friendly Version
07/18/02Con Edison, Inc. Reports Second Quarter Earnings and Declares Dividend
print this release NEW YORK, Jul 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (NYSE: ED) today (THURSDAY, JULY 18, 2002) reported net income for common stock for the second quarter of 2002 of $97.6 million or $.46 a share, compared with earnings of $100.7 million or $.48 a share for the second quarter of 2001. The company also declared a quarterly dividend of 55-1/2 cents a share on its common stock payable September 15, 2002 to stockholders of record as o... 
Printer Friendly Version
07/08/02Ambient and Consolidated Edison Announce Successful Joint Testing of Ambient's Power Line Communications Technology
NEW YORK, July 8 /PRNewswire-FirstCall/ -- Ambient Corporation (OTC Bulletin Board: ABTG), a leader in Power Line Communications (PLC) technology, and Consolidated Edison Company of New York, Inc., (Con Edison) a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest investor owned utilities, jointly announce the successful results that conclude a significant phase of the demonstration of Ambient's Power Line Communications architecture on Con Edison's overhead ele... 
Printer Friendly Version
07/03/02Con Edison Endorses Single Electricity Market for Northeast
To view the filing, click here . NEW YORK, Jul 3, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has joined with other transmission owners in New York and New England to recommend that the Federal Energy Regulatory Commission (FERC) take action to enhance the development of competitive wholesale electricity markets in the Northeast. The filing calls for the development of a single, wholesale power market in the Northeast through o... 
Printer Friendly Version
06/25/02Con Edison Names New Board Member
NEW YORK, Jun 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) announced today the election of Frederic V. Salerno, vice chairman, Verizon Communications, to the Board of Directors of Consolidated Edison, Inc. and to the Board of Trustees of its subsidiary, Consolidated Edison Company of New York, Inc. He was elected at the Board's June 20 meeting. "Fred Salerno has tremendous depth of experience in the telecommunications field, particularly in the ar... 
Printer Friendly Version
06/25/02Con Edison Offers Free Thermostats for Central Air Conditioning Customers
NEW YORK, June 25 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) is offering free, programmable thermostats to residential customers and religious institutions with central air conditioning to help manage their electricity consumption during the summer. The high-tech thermostats allow customers in New York City and Westchester County to program their air conditioning manually, or remotely via computer. When electricity use is highest in our region, Con ... 
Printer Friendly Version
06/19/02Con Edison Earns High Ranking in 2002 Innovest U.S. Utility Industry Report
NEW YORK, Jun 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) has received the third highest ranking in the 2002 Innovest Strategic Value Advisors U.S. Utility Industry Report. Innovest analyzed the corporate environmental performance of 28 electric utilities in the United States, ranking them in 12 categories, including air emissions risk, nuclear risk, environmental business development, and overall environmental risk. The top three utiliti... 
Printer Friendly Version
06/10/02Con Edison President to Participate in Deutsche Bank 'Electric Power Conference' Webcast
NEW YORK, June 10 /PRNewswire-FirstCall/ -- Consolidated Edison Company of New York, Inc. (Con Edison) President and Chief Operating Officer Kevin Burke will discuss the company's financial strength and disciplined approach to a changing energy marketplace at the Deutsche Bank "Electric Power Conference" Tuesday, June 11 at approximately 3:15 p.m. A live audio Webcast of the presentation and slide materials can be accessed at http://www.twst.com/econf/mm/db/ed.html . The presentation slid... 
Printer Friendly Version
05/29/02Con Edison Introduces PowerLan Metro Ethernet Services; State-Of-The-Art Ethernet Technology and CEC Advantages Provide Unsurpassed Combination
NEW YORK, May 29, 2002 (BUSINESS WIRE) -- In pursuit of its goal to become the premier provider of high bandwidth transport services for the New York metropolitan area, Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED) today announced its PowerLan Ethernet services for business and carrier customers. PowerLan services, available in point-to-point and switched configurations, provide a high-bandwidth, low-cost alternative to private line and ... 
Printer Friendly Version
05/23/02Con Edison Removes Last Of Emergency Electric Cable In Lower Manhattan
Keeps Pace With Citywide Capital Improvements While Rebuilding Lower Manhattan NEW YORK - Consolidated Edison Company of New York, Inc. (Con Edison) said today that it is investing $533 million this year in enhancements in its electrical distribution system throughout New York City and Westchester, as the company met the challenge to complete permanent underground restoration work in lower Manhattan in time for Summer 2002. Company officials announced the ongoing i... 
Printer Friendly Version
05/20/02Con Edison Chairman at Annual Meeting Highlights Company's Strong Financial Position
Shareholder Return in 2001 Outpaces Other Utilities, Major Stock Indices NEW YORK, May 20 /PRNewswire-FirstCall/ -- Consolidated Edison, Inc. (NYSE: ED) Chairman Eugene R. McGrath, at the company's annual meeting today, highlighted the utility's financial strength and flexibility and its track record of increasing shareholder value. McGrath cited Con Edison's total annual return to shareholders in 2001 of 11 percent, saying that a sustained focus on operating performance and conti... 
Printer Friendly Version
05/15/02Con Edison Communications Unveils the Industry's Most Comprehensive Customer Support
NEW YORK, May 15, 2002 (BUSINESS WIRE) -- Support Infrastructure Bring New Capabilities And Unprecedented Value To Enterprise And Carrier Customers In pursuit of its goal to become the premier provider of high bandwidth transport services for the New York metropolitan area, Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED) today announced its unique customer support infrastructure. This effort is at the heart of CEC's mission to become th... 
Printer Friendly Version
05/14/02Con Edison President to Participate in Salomon Smith Barney Power and Energy Merchant Conference 2002 Webcast
NEW YORK, May 14 /PRNewswire-FirstCall/ -- Kevin Burke, president and chief operating officer of Consolidated Edison Company of New York, Inc. (Con Edison), will discuss the company's disciplined approach to a changing energy marketplace at the Salomon Smith Barney "Power and Energy Merchant Conference 2002" this Wednesday, May 15 from 10:25 a.m. to 11:45 a.m. The live audio Webcast of the presentation and slide materials can be accessed at http://www.veracast.com/ssb/2002/power/02204143.c... 
Printer Friendly Version
05/10/02Con Edison Salutes New York City Envirothon 2002 Champions
NEW YORK - Consolidated Edison, Inc. (Con Edison) today joined a ceremony at the Department of Parks and Recreation Arsenal Gallery honoring the winners of the New York City Envirothon 2002. Fort Wadsworth hosted the event last month at the National Park Service Gateway National Recreation Area in Staten Island. The competition tests New York City high school students on environmental fields, including aquatics, forestry, biodiversity and introduced species, soils/geology and wildlif... 
Printer Friendly Version
04/30/02Con Edison Communications Annouces Its 'Smart Alternative' Program for Enterprise and Carrier Customers
NEW YORK, Apr 30, 2002 (BUSINESS WIRE) -- Diverse Network and Commitment to Customer Care Anchor Unique Program and Services In pursuit of its goal to become the premier provider of high bandwidth transport services for the New York metropolitan area, Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED) today announced the introduction of its "Smart Alternative" program. The "Smart Alternative" program highl... 
Printer Friendly Version
04/30/02 EPA Salutes Con Edison For Mercury Exchange Program
NEW YORK - Consolidated Edison Company of New York, Inc. (Con Edison) today received the U.S. Environmental Protection Agency's (EPA) highest public recognition, the Environmental Quality Award. Con Edison was honored for its Gas Operations mercury gauge exchange program last fall. The company provided licensed plumbers with safe mercury-free gauges and facilitated mercury disposal services free-of-charge. During the exchange, nearly 100 mercury gauges containing more than 73 po... 
Printer Friendly Version
04/18/02Consolidated Edison, Inc. Reports First Quarter Earnings; Company Reaffirms 2002 Earnings Projection
print this release NEW YORK, Apr 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (NYSE: ED) today (THURSDAY, APRIL 18, 2002) reported net income for common stock for the first quarter of 2002 of $166.6 million or $.78 a share, compared with earnings of $179.1 million or $.84 a share for the first quarter of 2001. The company also declared a quarterly dividend of 55-1/2 cents a share on its common stock payable June 15, 2002 to stockholders of record as of May... 
Printer Friendly Version
04/17/02Con Edison Communications Aquires Telergy NYC Metro Assets
NEW YORK--(BUSINESS WIRE)--April 17, 2001-- Agreement enhances CEC's ability to offer services to enterprise and carrier customers in the New York Metro Area As part of its goal to become the premier provider of high bandwidth transport services, Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED) today announced its acquisition of Telergy Inc.'s network assets in the New York metropolitan area. Teler... 
Printer Friendly Version
02/14/02Edison and Ambient Announce Partnership for Development of Power Line Communications Technology
NEW YORK--(BUSINESS WIRE)--Feb. 14, 2002--Ambient Corporation (OTC BB: ABTG), a provider of Power Line Communications (PLC) technology, and Consolidated Edison Company of New York, Inc., a subsidiary of Consolidated Edison, Inc. (NYSE: ED, one of the nation's largest investor-owned utilities, today jointly announced the conclusion of a comprehensive Research & Development Partnership Agreement. Under the terms of the agreement, Consolidated Edison of New York, Inc. will adva... 
Printer Friendly Version
02/07/02'Power Your Way' Enrollments For Electric And Gas Customers Increase
New York - More than 179,000 electric and gas customers have enrolled in the Power YOUR Way program that allows customers to choose their own gas and electric suppliers through energy services companies (ESCOs). This is the largest enrollment since the program was initiated in 1997. "More and more people recognize that with energy supply costs representing more than 50 percent of a typical energy bill, customers may actually help to reduce their bills if they take the time to shop a... 
Printer Friendly Version
01/23/02Con Edison CEO To Ring Closing Bell At New York Stock Exchange
View the Chairman of Con Edison at the bell ringing ceremony on January 23, 2002 NEW YORK – Consolidated Edison, Inc. (Con Edison) Chairman, President and CEO Eugene R. McGrath will be joined by other company executives and field personnel today to ring the closing bell of the New York Stock Exchange (NYSE) at 4:00 p.m. McGrath was invited to ring the closing bell by NYSE Chairman and CEO Richard Grasso in recognition of Con Edison's response and restoration efforts following ... 
Printer Friendly Version
01/17/02Con Edison Reports Solid Results for 2001; Increases Dividend for 28th Consecutive Year
print this release NEW YORK, Jan. 17 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) today (THURSDAY, JANUARY 17, 2002) reported year 2001 net income for common stock of $682.2 million or $3.22 a share, compared with earnings of $582.8 million or $2.75 a share for 2000. Earnings for 2000 included non-recurring charges of approximately $162 million, or $0.49 a share, for nuclear replacement power and merger-related costs. Excluding these charges, year 2000 earnings would have be... 
Printer Friendly Version
12/19/01Con Edison Communications and GiantLoop Offer Enterprises Enhanced Business Continuity
WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 19, 2001-- Con Edison Communications First `Powered by GiantLoop' Partner, Utilizes GiantLoop's Network Skills, and Management Software GiantLoop Network, Inc., the leading provider of services and software for information management and movement of critical corporate data, and Con Edison Communications (CEC), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED) today announced an agreement to enhance ... 
Printer Friendly Version
12/18/01Con Edison Expects Lower Gas Prices This Winter
CON EDISON EXPECTS LOWER GAS PRICES THIS WINTER NEW YORK -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that customers can expect lower gas bills this winter. Lower demand, due in part to warmer temperatures this fall, and increased production have resulted in an abundance of gas supplies and higher gas storage levels at this time. With supply up and demand stable, residential customers can expect lower bills by up to 12 percent, commerc... 
Printer Friendly Version
11/12/01Con Edison Communications and Vornado Realty Trust Sign Agreement for Access to 21 Office Buildings
Deal Will Provide Tenants Broad, Regional Access to Telecommunications and Internet Services NEW YORK, Nov 12, 2001 (BUSINESS WIRE) -- Con Edison Communications, Inc. (CEC) has signed an agreement with the Vornado Realty Trust (NYSE:VNO), an equity real estate investment trust, that gives CEC access to over 14 million square feet of office space. A wholly-owned subsidiary of Consolidated Edison, Inc. (NYSE:ED), Con Edison Communications is currently building an extensive fiber opt... 
Printer Friendly Version
10/30/01Con Edison Communications Signs Agreement With Newmark & Company Real Estate, Inc.; Newmark Telecommunications, LLC to Offer Fiber Optic Broadband Connectivity to Tenants
NEW YORK (BUSINESS WIRE) - Con Edison Communications, Inc., a provider of fiber optic network services in metropolitan New York, has signed an agreement with Newmark & Company Real Estate, Inc., one of the tri-state area's largest providers of real estate services. The partnership will enable Con Edison Communications to provide "last mile" fiber optic connectivity to multi-tenanted commercial properties owned or managed by Newmark. A wholly-owned subsidiary of Consolidated Edison... 
Printer Friendly Version
10/24/01Con Edison Communications Appoints Telecom Industry Veteran Kathleen Perone to Board of Directors
NEW YORK--(BUSINESS WIRE)--Oct. 24, 2001--Con Edison Communications (CEC), a provider of fiber optic services throughout the five boroughs and Westchester, has appointed telecommunications industry veteran Kathleen Perone to its Board of Directors. In the past 23 years, Perone has held senior management positions at some of the world's best known telecommunications companies, including Level 3 Communications, MFS International, Cable & Wireless Communications, N.A., Lightn... 
Printer Friendly Version
10/24/01Con Edison's Latest RENAISSANCE Housing Rehab: A Former Shoe Polish Factory in Brooklyn
NEW YORK, Oct. 24 /PRNewswire/ -- The long-vacant former Esquire Shoe Polish factory, converted to condominiums, is Con Edison's RENAISSANCE Housing Program's latest project, the 87th rehabilitation by the 23-year-old housing initiative. All 77 condominium units, located at Wythe Avenue, between South First and South Second Streets near the Brooklyn waterfront, sold within one month. The project was developed by Stephanie Eisenberg, of 330 Wythe Avenue Associates LL... 
Printer Friendly Version
10/22/01Con Edison Communications, Edison Carrier Solutions, Progress Telecom Create Strategic Alliance
East Coast-West Coast Alliance of 'Carrier's Carriers' Provides Key Metro Connectivity NEW YORK--(BUSINESS WIRE)--Oct. 22, 2001-- Three of the nation's major telecommunications carriers, Con Edison Communications, Edison Carrier Solutions and Progress Telecom, have agreed to jointly market each other's services in an alliance that will give their customers easy, broad and deep access to traffic origination and termination points in several o... 
Printer Friendly Version
10/19/01Con Edison Joins 'Concert For New York' Telethon
New York, N.Y. -- Consolidated Edison Company of New York, Inc. (Con Edison) will join a telethon held in conjunction with the "Concert for New York" at Madison Square Garden tomorrow. Hosted by Paul McCartney, the concert will honor rescue workers and raise contributions to benefit the families of the victims of the September 11 terrorist attacks. About 300 Con Edison volunteers will answer phones during the telethon, in conjunction with the concert. It will be televised live a... 
Printer Friendly Version
10/19/01Con Edison Joins 'Concert For New York' Telethon
New York, N.Y. -- Consolidated Edison Company of New York, Inc. (Con Edison) will join a telethon held in conjunction with the "Concert for New York" at Madison Square Garden tomorrow. Hosted by Paul McCartney, the concert will honor rescue workers and raise contributions to benefit the families of the victims of the September 11 terrorist attacks. About 300 Con Edison volunteers will answer phones during the telethon, in conjunction with the concert. It will be televised live a... 
Printer Friendly Version
10/18/01Con Edison Reports Solid Third Quarter Earnings; Expresses Confidence in Resilience of New York Economy
Print this release NEW YORK, Oct 18, 2001 /PRNewswire via COMTEX/ -- Consolidated Edison, Inc. (NYSE: ED) today (THURSDAY, October 18, 2001) reported net income for common stock for the third quarter of 2001 of $277.3 million or $1.31 a share, compared with earnings of $279.9 million or $1.32 a share for the third quarter of 2000. The company also declared a quarterly dividend of 55 cents a share on its common stock payable December 15, 2001 to stockholders of record as of November ... 
Printer Friendly Version
10/15/01Con Edison Communications Names Louis Gambino as Vice President of Network Construction
NEW YORK--(BUSINESS WIRE)--Oct. 15, 2001--Con Edison Communications, Inc. (CEC) a provider of last mile fiber optic network services in metropolitan New York, has named Louis Gambino, a 20-year fiber optic infrastructure veteran, as Vice President of Network Construction. Gambino will expedite all facets and phases of CEC's metropolitan network installation, from final completion of the network backbone to all building interconnection work to satisfy lease obligations alre... 
Printer Friendly Version
10/10/01Con Edison Communications Signs Agreement With Rudin Management Company; Rudin to Offer Fiber Optic Broadband Connectivity to Tenants
NEW YORK--(BUSINESS WIRE)--Oct. 10, 2001--Con Edison Communications, Inc. a provider of fiber optic network services in metropolitan New York, has signed an agreement with Rudin Management Company, one of the tri-state area's largest privately held real estate developers and building owners. The partnership will enable Con Edison Communications to provide "last mile" fiber optic connectivity to multi-tenanted commercial properties owned or managed by Rudin. A wh... 
Printer Friendly Version
10/04/01Con Edison Sponsors Green Horizons
Middle School Students Benefit From Conference About Careers In Natural Resources And The Environment New York, N.Y. - For the sixth consecutive year, Consolidated Edison Company of New York, Inc. (Con Edison) today sponsored Green Horizons, a conference offering middle school students hands-on lessons about a variety of natural resources and environmental careers. Students from 45 schools throughout the city gathered in Van Cortlandt Park in The Bronx, wher... 
Printer Friendly Version
10/02/01Con Edison Names New Board Member
NEW YORK, Oct. 2 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) announced today the election of Vincent A. Calarco, president, chairman and chief executive officer of Crompton Corp., to the Board of Directors of Consolidated Edison, Inc. and to the Board of Trustees of its subsidiary, Consolidated Edison Company of New York, Inc. He was elected at the Board's September 20 meeting. "Vincent Calarco's experience in the business community and his financial expe... 
Printer Friendly Version
09/19/01Con Edison Completes Extraordinary Restoration Effort in Lower Manhattan
Customers Requested To Limit Their Use Of Power NEW YORK, Sept. 19 /PRNewswire/ -- Con Edison announced today the restoration of electrical service to its Cortlandt network at 3:51 a.m., returning service to all networks in lower Manhattan that lost power because of last Tuesday's terrorist attack at the World Trade Center. The company is urging customers whose power has been restored to minimize the use of electricity while work continues in the area. The ... 
Printer Friendly Version
09/15/01Con Edison Restores Power To Lower Manhattan
Customers Requested To Limit Their Use Of Power NEW YORK - Con Edison's effort to return power to lower Manhattan took a small but significant step forward at 11:28 last night when the company restored power to the majority of its Park Place network, one of several networks that have been shut down since Tuesday's terrorist attack on the World Trade Center. But the company is urging any residences and businesses whose power has been restored to minimize their use of electricity w... 
Printer Friendly Version
09/12/01Con Edison Update
Tuesday's terrorist attack on the World Trade Center has had a significant impact on Con Edison's energy infrastructure in lower Manhattan. The fire and subsequent collapse of 7 World Trade Center have permanently damaged two substations located adjacent to the building as well as major electric transmission cables. A third substation located near the South Street Seaport also lost service. Approximately 12,000 customers are currently without electric power, approximately 270 steam cust... 
Printer Friendly Version
09/06/01Sale of Indian Point 1 and 2 Completed
NEW YORK, Sep 6, 2001 /PRNewswire/ -- Consolidated Edison (NYSE: ED) and Entergy Corporation (NYSE: ETR) today completed the sale to Entergy of Con Edison's Indian Point 1 and 2 nuclear power plants in Westchester County, N.Y. Indian Point unit 1 has been shut down and in safe storage since the early 1970s. Indian Point 2 is Entergy's ninth operating nuclear unit, and fourth in the Northeast. The sale places the two operating units at the Indian Point site under a single owner for ... 
Printer Friendly Version
08/29/01Lakewood Planning Board Approves Con Edison Development Power Plant
LAKEWOOD, N.J., Aug. 29 /PRNewswire/ -- The Lakewood (New Jersey) Planning Board approved the construction of a 500 megawatt peaking power plant in the Lakewood Industrial Park. The board voted unanimously on Tuesday night to approve the plant, which will be built and operated by Ocean Peaking Power L.P., an affiliate of Con Edison Development. The plant will burn natural gas to produce electricity, and will not use any water in the process. An affiliate o... 
Printer Friendly Version
08/22/01ConEdison Solutions & Building Owners Create a ''Virtual'' 25-Megawatt Power Plant
Consolidated Edison, Inc. Subsidiary Organizes a Back-up Power Supply for New York WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Aug. 22, 2001-- Under its Facility Flexx Program, ConEdison Solutions(R) has contracted with building operators in New York City and Westchester, including 55 Water Street, to create a "virtual" 25-megawatt power plant that can be switched on when electricity supplies are tight. Twenty-five MW is enough generation... 
Printer Friendly Version
08/13/01Con Edison Reaches Record Level of Electricity Delivery
NEW YORK, Aug. 13 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) reached a record level of electricity delivery for a one-week period last week as 1,567,147 megawatt hours of electricity were used by its 3.1 million customers from Monday, August 6 through Sunday, August 12. This period also included the highest-ever hourly peak demand, 12,207 megawatts, reached at 3:00 p.m. on Thursday, August 9. The Con Edison system delivers energy to an estimated 8.... 
Printer Friendly Version
08/09/01Con Edison Hits A New Peak In Energy Usage
Con Edison hit a new peak in energy demand as of 2:00 p.m. today by providing 12,134 megawatts in electrical power to its 3.1 million customers, breaking the previous record of 12,097 megawatts set at 4:00 p.m. on July 25, 2001. The Con Edison system is delivering energy to an estimated 8.9 million New York City and Westchester residents. More than 4,000 Con Edison employees are working round the clock to monitor its system, which includes more than 89,000 miles of undergro... 
Printer Friendly Version
08/01/01Con Edison Communications and Carlyle Group Sign 10-Year Agreement For Access to Brooklyn Tech Center
NEW YORK, Aug. 1 /PRNewswire/ -- Con Edison Communications, Inc. (CEC) has signed a 10-year agreement with the Carlyle Group, a Washington D.C.-based private global investment firm, that gives CEC access to the new Atlantic Telecom Center in Brooklyn. Carlyle recently renovated the 700,000-square- foot structure. CEC's fiber optic service to the center, at 470 Vanderbilt Avenue, Brooklyn, advances the company's strategy to provide broadband capability throughout the five ... 
Printer Friendly Version
07/25/01Con Edison Hits A New Peak In Energy Usage
Con Edison hit a new peak in energy demand as of 2 p.m. today by providing 11,858 megawatts in electrical power to its 3.1 million customers, breaking the previous record of 11,850 megawatts set on July 6, 1999. The load is currently 11,939 megawatts. The Con Edison system is delivering energy to 8.9 million New York City and Westchester residents. The previous peak for this year was set on Tuesday, July 24, when Con Edison provided 11,355 megawatts of electric power to its cus... 
Printer Friendly Version
07/24/01Con Edison Recommendations To Protect Consumers Accepted By FERC
New York - Consolidated Edison Company of New York , Inc. (Con Edison) announced today that the Federal Energy Regulatory Commission (FERC) issued an order on Friday that will help protect the company's three million customers from price spikes in their electric bills this summer. The FERC's action - based on a request by Con Edison - will improve the efficient operation of the wholesale electric energy market by mitigating price spikes during periods when the energy market is n... 
Printer Friendly Version
07/19/01Con Edison Reports Solid Second Quarter Earnings; On Target to Meet 2001 Projections
NEW YORK, Jul 19, 2001 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) today (Thursday, July 19, 2001) reported net income for common stock for the second quarter of 2001 of $100.7 million or $.48 a share, compared with earnings of $68.7 million or $.33 a share for the second quarter of 2000. The company also declared a quarterly dividend of 55 cents a share on its common stock payable September 15, 2001 to stockholders of record as of August 15, 2001. "Con Edison is on target fo... 
Printer Friendly Version
07/19/01Con Edison Appoints Joseph Oates Vice President Of Energy Management
(New York, N.Y.) - Consolidated Edison Company of New York (Con Edison) has appointed Joseph Oates vice president of Energy Management. Con Edison's Board of Directors announced the executive appointment today. "Joe's extensive experience and skills have earned him an excellent reputation throughout his career in our company and in the industry," said Con Edison's president Kevin Burke. "His talents will be invaluable to continue meeting our customers' energy needs." ... 
Printer Friendly Version
07/10/01Batter Up! Con Edison Employees To Hold Benefit For St. Mary's Hospital For Children
New York - Eight teams of employees from Consolidated Edison Company of New York, Inc. will hold a softball tournament to benefit St. Mary's Hospital for Children on July 20. It will be held in Alley Pond Park, Queens, from 3:30 p.m. to 8 p.m. Con Edison employees from several divisions, including gas, electric, environmental health and safety, and energy services have "adopted" the Bayside, Queens hospital as their favorite charity,. In the last six years, Con Edison employe... 
Printer Friendly Version
06/29/01Con Edison Reminds Customers to Use Energy Wisely
NEW YORK - With high temperatures still projected over the next few days, Con Edison continues to ask customers to take some simple steps to reduce their use of electricity, which will help keep their bills as low as possible. Con Edison advises customers to take the following steps: * Check for drafts in houses and apartments and seal leaks with caulking or weather stripping to keep your home cool. * Remember to shut off computers, VCRs and CD players. When they ar... 
Printer Friendly Version
06/27/01Con Edison Communications Selects Compaq to Provide Advanced Network Management Solution for Broadband Services
HOUSTON, June 27, 2001 – Compaq Computer Corporation (NYSE: CPQ) announced today that Con Edison Communications has chosen Compaq to provide advanced network and services management solutions for its "last mile" optical fiber-based network. Con Edison Communications' new network will provide large carrier customers in the New York metropolitan area with the high capacity needed for broadband services. Con Edison Communications is a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE:ED)... 
Printer Friendly Version
06/27/01Con Edison Reminds Customers to Use Energy Wisely
NEW YORK - Con Edison asks all its customers to take some simple steps to reduce their use of electricity during the heat wave, which is expected to continue through the end of the week. The company reminds customers not to waste electricity during this time of exceedingly high electrical demand. Con Edison advises customers to take the following steps: Make sure air conditioner filters are clean so the machines will run at peak efficiency. Set thermostats no lower than 78 deg... 
Printer Friendly Version
06/26/01Con Edison's Peter Lanahan Receives the Environmental Action Coalition's Green Star Award
The Tribute Focuses On Individuals And Organizations That "Think Globally And Act Locally To Call Attention To The Threat Of Local Global Warming" NEW YORK, N.Y. - Consolidated Edison Company of New York, Inc.'s M. Peter Lanahan, vice president of Environmental, Health and Safety, was honored with the Environmental Action Coalition's Green Star Award last night. This is the 20th year that the Environmental Action Coalition (EAC) honored individuals and organizations that call attent... 
Printer Friendly Version
06/26/01Con Edison to Hold Full-Volume Siren Test at Indian Point
BUCHANAN, N.Y. - Con Edison will conduct a three-minute, full-volume test of the emergency alert and notification sirens located within the 10-mile emergency planning zone surrounding the Indian Point Station in Buchanan, N.Y. The test will be conducted on Wednesday, June 27 between approximately 1:30 p.m. and 2:00 p.m. THIS IS ONLY A TEST. BUCHANAN, N.Y. - Con Edison will conduct a three-minute, full-volume test of the emergency alert and notification sirens located within the 10-... 
Printer Friendly Version
06/21/01Con Edison's Indian Point 2 Co-Sponsors Local Blood Drive
Employees Team With Hudson Valley Blood Services To Increase Blood Supplies BUCHANAN, N.Y. - Consolidated Edison Company of New York, Inc. (Con Edison) and Hudson Valley Blood Services will hold a special blood drive at the Indian Point 2 Nuclear Generating Station in Buchanan, N.Y. to help increase donations before the July 4th weekend, a critical period of low blood supply nationwide. The drive, part of the Energy for Life program, is being held on Tuesday, June 26 from 10:00 a.m.... 
Printer Friendly Version
06/18/01Con Edison Seeks Review of Flaws in Wholesale Electric Market Action Requested to Protect Customers This Summer
NEW YORK, June 18 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it is seeking review of a Federal Energy Regulatory Commission (FERC) order on the company's proposal to correct flaws in the New York wholesale electric marketplace that allow power generators to exercise market power. Market power is the ability of a generator to establish a price on its own, without needing to compete with other suppliers. FERC issued an or... 
Printer Friendly Version
06/12/01'Power Your Way' Offers Choices for Electric and Gas Customers
New York -- With today's growing interest in energy issues, now is a good opportunity to re-explore the various power supply choices that are available through energy services companies (ESCOs). Power YOUR Way, is the program that allows customers to choose their own gas and electric suppliers. With energy supply costs representing more than 50 percent of a customer's energy bill, now is the time to shop and save. Consolidated Edison Company of New York, Inc. recently inclu... 
Printer Friendly Version
06/08/01Con Edison to Participate in Deutsche Banc Alex. Brown 2001 Electric Power Conference Webcast
NEW YORK, June 8 /PRNewswire/ -- Joan S. Freilich, executive vice president and chief financial officer of Consolidated Edison, Inc. (Con Edison), will discuss the company's financial outlook and strategy, as well as New York's energy picture on Monday, June 11 at 3:45 p.m. as part of Deutsche Banc Alex. Brown's "2001 Electric Power Conference," being held in New York City, June 11-13, 2001. Interested investors can access a live audio Webcast of the presentation an... 
Printer Friendly Version
05/30/01Con Edison Selects Utility Partners' MobileUP Version 6 for Gas Emergency Response
TAMPA, Fla.--(BUSINESS WIRE)--May 30, 2001--Con Edison, one of North America's largest investor-owned utilities, has selected Utility Partners' MobileUP(TM) Version 6 to dispatch and manage gas leak response in its Gas Emergency unit. The multi-year contract begins with the implementation of the latest version of MobileUP for Gas Emergency work and may extend to other operational areas of the company - including electric and steam service work -- in the coming years. Con Edison signed... 
Printer Friendly Version
05/21/01Con Edison Chairman Underscores Company's Financial Strength at Annual Meeting; Provides Summer Power Outlook for NYC
NEW YORK, May 21 /PRNewswire/ -- At Con Edison's (NYSE: ED) annual meeting today at its New York City headquarters, Chairman Eugene R. McGrath reported on the company's financial strength. Citing the utility's strong balance sheet, the continued growth in energy sales and an expanded customer base, McGrath emphasized the company's fiscal soundness, pointing to revenues totaling nearly $9.5 billion and assets of $16 billion. Joan S. Freilich, executive vice president and chief financial ... 
Printer Friendly Version
05/07/01Con Edison Development Expanding Power Generation Facilities
NEW YORK, May 7 /PRNewswire/ -- Consolidated Edison, Inc. (CEI) announced today that it has approved plans for the expansion of several power generating facilities owned by Con Edison Development (CED). CED is a wholly owned subsidiary of CEI that develops and acquires power projects, with a focus on the deregulating power markets in the New England and Mid-Atlantic regions of the United States. The plant expansions, totaling over 600 megawatts of capacity, will be ... 
Printer Friendly Version
04/26/01Con Edison Prepares for Summer 2001 and Beyond
NEW YORK, April 26 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) said today the company is spending $483 million this year on its electrical distribution system as part of a comprehensive program to prepare for the summer of 2001, enhance reliability and improve infrastructure. Over the next five years, the company said it would invest $2.4 billion to upgrade its electric delivery system, which serves New York City and Westchester County. ... 
Printer Friendly Version
04/19/01Con Edison Reaffirms 2001 Earnings Projection
NEW YORK, April 19 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) today (Thursday, April 19, 2001) reported net income for common stock for the first quarter of 2001 of $179.1 million or $.84 a share, compared with earnings of $188.1 million or $.88 a share for the first quarter of 2000. The company also declared a quarterly dividend of 55 cents a share on its common stock payable June 15, 2001 to stockholders of record as of May 16, 2001. The company's net ... 
Printer Friendly Version
04/10/01Con Edison Enrolls 100,000 Customers in Electric Retail Choice Program
NEW YORK, April 10 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) said today that it has enrolled its 100,000th customer in the company's Electric Retail Choice Program, which encourages customers to choose alternate energy suppliers. Regardless of which supplier customers choose, Con Edison will continue to deliver the electricity to homes and businesses in its service area. This milestone places the Con Edison program among the most popular i... 
Printer Friendly Version
04/03/01Old Dominion Welcomes Con Edison Development to the Rock Springs Project
Old Dominion Electric Cooperative and Con Edison Development will jointly develop a 1,020-megawatt peaking power generation facility near the Rock Springs community in Cecil County, Md., officials from both companies announced today. The joint development agreement that was executed on March 26th requires completion of the project as originally conceived with regard to design and operation. Old Dominion and Reliant Energy had received a Certificate of Public Convenience and Necessity... 
Printer Friendly Version
04/02/01Con Edison to Participate in Salomon Smith Barney Energy Webcast Forum
NEW YORK, April 2 /PRNewswire/ -- Eugene R. McGrath, chairman, president and chief executive officer of Consolidated Edison, Inc. (Con Edison), will discuss the company's financial outlook and New York's energy picture at Salomon Smith Barney's "Power and Merchant Energy 2001 Conference," to be held at the Essex House in New York City on Wednesday, April 4, from 2 p.m. to 3:30 p.m. The presentation will be accessible via webcast at: http://www.veracast.com... 
Printer Friendly Version
03/30/01Con Edison Lowers Electric Bills Again With Latest Rate Reductions
NEW YORK, March 30 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) said today that effective April 1 it will cut its electric delivery rates by $209 million, the latest in a series of reductions designed to lower electric rates and reduce customers' bills. This rate reduction follows a decrease of $170 million that took effect January 1, 2001. With today's rate cut, the company will have reduced electric delivery rates by about $2.6 billion from ... 
Printer Friendly Version
03/21/01ConEdison Solutions Names Joann F. Ryan President, CEO
WHITE PLAINS, NY, March 21, 2001 - WHITE PLAINS, NY, March 22, 2001 - The Board of Directors of ConEdison Solutions announced today that JoAnn F. Ryan has been named President and CEO, effective April 1st, succeeding John E. Boyd who resigned to become chief executive officer of EUR Systems. "Ms. Ryan brings a strong background in operations and customer service to the leadership of ConEdison Solutions," said Charles Soutar, Chair of the Board of Directors. Mr. Soutar referenced the po... 
Printer Friendly Version
03/19/01Con Edison Revises 2000 Earnings Per Share
NEW YORK, March 19 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) announced today (Monday, March 19, 2001) that year 2000 net income for common stock has been restated to $582.8 million or $2.75 a share to reflect $32.1 million of Northeast Utilities merger-related expenses. In January 2001 the company announced earnings for 2000 of $601.6 million or $2.84 a share, after reflecting a non-recurring charge of approximately $130 million or $.40 a share relating to the company's n... 
Printer Friendly Version
03/12/01Consolidated Edison's Statement in Response to Northeast Utilities' Lawsuit
NEW YORK, March 12 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) issued the following statement in response to the lawsuit filed today by Northeast Utilities: "We believe that the lawsuit filed today by Northeast Utilities is without merit. Con Edison has at all times been and remains in compliance with the terms of its Merger Agreement with Northeast Utilities. Last week Con Edison asked the federal district court in the Southern District of New York to ... 
Printer Friendly Version
03/06/01Consolidated Edison Files Suit in Southern District for Declaratory Judgment
NEW YORK, March 6 /PRNewswire/ -- In response to the statement issued yesterday by Northeast Utilities, Consolidated Edison, Inc. (NYSE: ED) issued the following statement: "Con Edison announced today that, in response to Northeast Utilities action, Con Edison has filed suit in the Federal District Court in the Southern District of New York seeking a declaratory judgment that Northeast Utilities has failed to satisfy conditions precedent under the merger agreemen... 
Printer Friendly Version
03/05/01Consolidated Edison Issued Statement in Response to Northeast Utilities
NEW YORK, March 5 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) issued the following statement in response to statements by Northeast Utilities: "Con Edison is, and at all times has been, in compliance with the Merger Agreement with Northeast Utilities which remains in effect. "Con Edison noted that certain aspects of Northeast Utilities' operations raise issues regarding Northeast Utilities' ability to satisfy its obligations under the Merger Ag... 
Printer Friendly Version
03/04/01Con Edison Prepares for Winter Storm
NEW YORK, March 4 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) has mobilized emergency personnel and equipment for a major winter storm expected to hit the New York City area later today and possibly lasting until Tuesday. Approximately 140 crews have been scheduled to address electric power outages that may arise in the five boroughs and Westchester County. Con Edison is in close contact with the New York City Office of Emergency M... 
Printer Friendly Version
03/02/01Con Edison Asks FERC to Close Loopholes That Enable New York Generators to Exercise Market Power
Additional Price Protections for Customers and a More Competitive Marketplace Sought Click here to view the filing NEW YORK, March 2 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has called on the Federal Energy Regulatory Commission (FERC) to correct flaws in the New York wholesale electric marketplace that allow power generators to exercise market power. Market power is the ability of a generator to establish a p... 
Printer Friendly Version
03/02/01Statement From Con Edison Concerning Its Proposed Merger With Northeast Utilities
NEW YORK, March 2 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) and Northeast Utilities (NYSE: NU) agreed to extend the deadline announced earlier this week by NU until 5:00 p.m. Monday, March 5th. SOURCE Consolidated Edison, Inc. CONTACT: Michael Clendenin of Consolidated Edison, Inc., 212-460-4111/ ... 
Printer Friendly Version
02/28/01Consolidated Edison Inc. Statement Concerning Its Merger With Northeast Utilities
NEW YORK, Feb. 28 /PRNewswire/ -- Con Edison is reviewing the prospects for the merger in light of changes in Northeast Utilities' businesses that have occurred since the merger agreement and that impact their future prospects. Pending completion of this review and receipt of the remaining approvals from the SEC, Con Edison views the agreement as continuing in effect. SOURCE Consolidated Edison Inc. CONTACT: Mary S. McCartney for Consolidated Edison Inc.... 
Printer Friendly Version
02/23/01Con Edison Communications Announces $10 Million Strategic Relationship With EurekaGGN
NEW YORK, Feb. 23 /PRNewswire/ -- Con Edison Communications, Inc. (CEC) has announced the formation of a strategic relationship with EurekaGGN, a provider of integrated communications services. This new alliance, which is expected to generate up to $10 million in revenues for CEC over the course of the agreement, will enable CEC to gain access to as many as 150 New York City buildings currently served by EurekaGGN. Under the terms of the five-year agreement, CEC will... 
Printer Friendly Version
02/22/01Con Edison Communications Announces March Launch of Colocation Services In Manhattan Hub Facility and Significant Interconnection Agreement With LighTrade
NEW YORK, Feb. 22 /PRNewswire/ -- Con Edison Communications, Inc. (CEC) announced today that it is opening its colocation facility in Manhattan in March. A colocation facility houses equipment to connect telecommunications and Internet service providers with larger networks such as the one being built by Con Edison Communications. LighTrade, Inc., the leading provider of neutral, fully-automated pooling points, will be CEC's first major co-tenant in the hub facility ... 
Printer Friendly Version
02/21/01Con Edison Reinforces Environmental Commitment; Energy Provider Endorses CERES Principles
NEW YORK, Feb. 21 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) and CERES (the Coalition for Environmentally Responsible Economies) announced today that the energy provider has formally endorsed the CERES Principles, a ten-point code of corporate environmental conduct. Embraced by more than 50 companies including American Airlines, Coca-Cola USA, General Motors, Northeast Utilities, and Sunoco, the CERES Principles represent a voluntary commitment to continual env... 
Printer Friendly Version
02/09/01Statement by Con Edison on Department of Justice Clearance of Proposed Merger with Northeast Utilities
NEW YORK, Feb. 9 /PRNewswire/ -- The process of securing regulatory approvals that are conditions to the Con Edison/Northeast Utilities merger continues following the Department of Justice clearance. Con Edison continues to review the merger while awaiting the remaining approvals expected from the Securities and Exchange Commission. SOURCE Consolidated Edison CONTACT: Michael Clendenin of Con Ed, 212-460-4111/ ... 
Printer Friendly Version
02/08/01Con Edison and The Town Hall Present Annual Black History Month Festivities
NEW YORK, Feb. 8 /PRNewswire/ -- Following last year's successful Black History Month celebration, The Town Hall and Consolidated Edison Company of New York, Inc. (Con Edison) are proud to bring back the Ishangi Family African Dancers for six free performances for public school students in grades 3-8 from all five boroughs. This family dance troupe, led by Baba Ishangi, has been performing in the United States for more than 25 years and showcases the customs, hist... 
Printer Friendly Version
02/06/01Con Edison Communications Signs 15,000 Sq-Ft Lease In Long Island City
Con Edison Communications Signs 15,000 Sq-Ft Lease In Long Island City Facility Will House Sophisticated Testing Lab, Operations and Engineering Specialists NEW YORK, Feb. 6 /PRNewswire/ -- To accommodate the expansion of its newly-franchised broadband connectivity business, Con Edison Communications, Inc. (CEC) has leased 15,000 square feet of office space in Long Island City, Queens. The offices are located at 29-76 Northern Blvd., adjacent to Queens Plaza. The new location will h... 
Printer Friendly Version
02/05/01Con Edison Taps the Power of OpenViz by AVS to Visualize Manhattan Electrical Usage Data
(Waltham, MA ----- February 5, 2001 6:30 a.m. EST) Con Edison (NYSE: ED), a subsidiary of Consolidated Edison, Inc., has deployed a Web-based data management system using OpenViz® data visualization technology from Advanced Visual Systems Inc. (Nasdaq: MUZE). The new system integrates data from five legacy Con Edison applications into an interactive visual display of real-time power usage of Manhattan and Westchester County and has helped to reduce costs and enhance service reliability fo... 
Printer Friendly Version
02/02/01Con Edison Names New Board Member
NEW YORK, Feb. 2 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) today announced the election of Dr. George W. Sarney, chairman of Spirent plc, to the company's Board of Directors and to the Board of Trustees of Consolidated Edison Company of New York, Inc. Dr. Sarney was elected at the January 18 board meeting. "Dr. Sarney brings a wealth of broad-based skills and international business experience to Con Edison. His knowledge of public utilities in glob... 
Printer Friendly Version
02/01/01Con Edison Proposes Energy Efficiency And Cost Saving Programs For Customers
NEW YORK, Feb. 1 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that the company has proposed to the New York Public Service Commission (PSC) a plan to offer customers innovative energy efficiency and cost-saving programs beginning this summer. "Our new programs will enable individual customers to manage their energy usage in response to market prices of electricity. Customers will save money. At the same time, by reduc... 
Printer Friendly Version
01/29/01Indian Point 2 Returns To Full Power
(New York) -- Consolidated Edison Company of New York, Inc. (Con Edison) announced that its Indian Point 2 generating station reached 100 percent power Sunday night, delivering approximately 1,000 megawatts of electricity to the company's power grid. "The safe and methodical full return to power of Indian Point 2 is a tribute to our hard working, dedicated employees," said Kevin Burke, president of Con Edison. In December, Con Edison completed the installation of four new steam ... 
Printer Friendly Version
01/22/01Con Edison Urges Price Protections For Customers This Summer
(New York) - Consolidated Edison Company, Inc. [NYSE: ED] (Con Edison) today urged the Federal Energy Regulatory Commission (FERC) to take immediate action to protect the company's more than three million electric customers this summer by instituting mechanisms to reduce price spikes in the wholesale electric marketplace. Con Edison also called on the FERC to correct market flaws that allow power generators to exercise market power, and penalize those generators that are shown to be gamin... 
Printer Friendly Version
01/18/01Consolidated Edison, Inc. Reports Year-End 2000 Earnings - Jan 18, 2001
Consolidated Edison, Inc. [NYSE: ED] today (THURSDAY, JANUARY 18, 2001) reported year 2000 net income for common stock from ongoing operations of $686.1 million or $3.24 a share, compared with earnings of $700.6 million or $3.14 a share for 1999. Earnings for 2000 were $601.6 million, or $2.84 a share, after reflecting a non-recurring charge of approximately $0.40 a share for the possible disallowance of replacement power costs for the company's nuclear plant, which returned to service e... 
Printer Friendly Version
01/03/01Con Edison Returns Indian Point 2 To Service
New York, N.Y. - Consolidated Edison Company of New York, Inc. (Con Edison) announced that its Indian Point 2 nuclear generating station resumed power operation at 2:14 a.m. today and is now connected to the company’s electrical grid. Con Edison recently completed the installation of four new steam generators following the development of a small crack in a tube of one of the four original steam generators. The restart follows months of extensive testing of plant systems. Nuclear Reg... 
Printer Friendly Version
01/03/01Con Edison Responds To The League Of Women Voters' For Assistance
New York, NY) -- Consolidated Edison Company of New York, Inc. (Con Edison) today announced that it has approved a $25,000 grant to the League of Women Voters in response to the League’s recent financial hardships that threatened to close its New York City office. In addition, Con Edison will underwrite the printing of this year’s “They Represent You,” a directory published by the League to educate voters about their elected officials. Founded in 1920, the League of Women Vo... 
Printer Friendly Version
12/29/00Con Edison Prepares For Winter Storm
Con Edison is closely monitoring the approaching winter storm that is expected to hit our region this weekend. Con Edison is planning to respond quickly and efficiently in the event of any power outages. The company will have 150 electrical and construction crews working around the clock this weekend to respond to power outages in addition to scores of supervisors. Con Edison’s two customer service centers also are adding more people to answer phones and assist customers in the event o... 
Printer Friendly Version
12/21/00Con Edison Distributes Toys Collected By Employees During Toys for Tots Drive
NEW YORK, Dec. 21 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) today shared the holiday spirit with 50 children from Bronx homeless shelters. They received some of the 3000 toys collected by Con Edison employees during their first Toys for Tots drive. Complementing the joyful occasion, the Bronx Zoo "Holiday Lights" served as a magical backdrop for the distribution of gifts to the children. Also in attendance were Gail McM... 
Printer Friendly Version
12/14/00Con Edison Supports PSC's Call For Major Reforms of New York's Electricity Marketplace
NEW YORK, Dec. 14 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) applauded today's report from the New York Public Service Commission (PSC) calling for wide-ranging reforms by the New York Independent System Operator (NYISO) to permit the development of a competitive electricity marketplace and to protect customers from soaring prices. The PSC's recommendations echo many of those proposed by Con Edison last September, when it... 
Printer Friendly Version
12/14/00Housing Group Salutes Con Edison For Parkchester Project
(New York, N.Y.) - Con Edison Chairman and CEO Eugene R. McGrath was honored with a Distinguished Community Development Award by the New York Housing Conference and the National Housing Conference. The award was presented at a luncheon on December 12 in Manhattan. The non-profit coalition represents major participants in affordable housing, including developers, owners, residents, planners and community leaders. The conference saluted McGrath and Con Edison [NYSE: ED] for their ... 
Printer Friendly Version
12/12/00Con Edison Named One of 'Top 25 Companies For Executive Women' By Working Woman Magazine
NEW YORK, Dec. 12 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) was named by Working Woman magazine today as one of the "Top 25 Companies For Executive Women." Con Edison placed 17th on the magazine's "Top 25" list, which appears in the December 12, 2000 issue. Working Woman's third annual list ranks the nation's Fortune 1000 companies that have at least two women on the board of directors and a significant number of women ... 
Printer Friendly Version
12/08/00Con Edison Presents Its Fifth Annual Environmental Excellence Awards
NEW YORK, Dec. 8 /PRNewswire/ -- Consolidated Edison Inc. (NYSE: ED) today honored 80 employees for contributing outstanding achievements to the company's environmental and safety efforts. At a breakfast at Con Edison's Learning Center, each award recipient was presented with a certificate of recognition and a check for $1,000 in appreciation for their environmental, health and safety excellence. John P. Cahill, Commissioner of the New York State Department of Environment... 
Printer Friendly Version
12/08/00Con Edison to Conduct Test of Indian Point Sirens
New York, N.Y. -- Consolidated Edison Company of New York, Inc. (Con Edison) [NYSE: ED] will conduct a 10-second test of each of the 154 emergency alert and notification sirens located within the 10-mile emergency planning zone surrounding its Indian Point 2 nuclear generating station in Buchanan, N.Y. Each siren will be tested individually and will reach full volume during the 10-second tests, which will be conducted from Monday December 11, 2000 through Wednesday December 20, 2000... 
Printer Friendly Version
12/06/00Con Edison 0ffers Lighting Tips
(New York, N.Y.) -- Consolidated Edison Company of New York, Inc. [NYSE:ED] urges everyone using holiday lighting displays to follow common-sense safety rules: * Before buying or installing any holiday lights, make sure they carry the seal of approval of a recognized safety testing laboratory such as Underwriters Laboratory (UL) or Factory Manual (FM). * When installing lights or assembling displays, carefully follow the instructions and safety tips recommended b... 
Printer Friendly Version
11/28/00Con Edison Announces Public Service Commission Approval for Comprehensive Agreements to Significantly Lower Electric and Gas Delivery Rates, Stabilize Steam Rates and Spur Economic Development
Electric Agreement Also Calls for Approval of Merger with Northeast Utilities New York, N.Y. – Consolidated Edison Company of New York, Inc. (Con Edison) [NYSE: ED] announced today that wide-ranging agreements to reduce electric and gas rates, lower customers’ bills and stabilize steam rates have been approved by the New York Public Service Commission (PSC). The electric agreement also increases protections for low-income customers and continues the company’s strong reliability and custome... 
Printer Friendly Version
11/28/00Con Edison Reaches Sales Agreement for First Avenue Properties Significant Benefits to Consumers, NYC Economy and Environment
NEW YORK, Nov. 28 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) announced today that the company has entered into a contract of sale agreement with FSM East River Associates LLC for several Con Edison properties along First Avenue in Manhattan. FSM East River Associates is a partnership comprising Fisher Brothers and Solow Realty and Development. The developers of the property, with Morgan Stanley, were the winning bidders ... 
Printer Friendly Version
11/27/00Statement On The Connecticut DPUC Decision
We are continuing to analyze the implications of the Connecticut DPUC's decision relating to our Petition for Reconsideration. The Department did clarify some features of the merger order in line with our request, but did not change its earlier conclusions on important financial issues. We are awaiting regulatory decisions in New Hampshire and New York as well as federal agency reviews. We will continue to assess the DPUC's action along with the other regulatory orders as we receive... 
Printer Friendly Version
11/22/00Con Edison Board Appoints Financial Executives
NEW YORK, Nov. 22 /PRNewswire/ -- The Board of Directors of Consolidated Edison Company of New York, Inc. (NYSE: ED) has named Hyman Schoenblum to the position of vice president of corporate planning. The Board also appointed Edward Rasmussen as vice president and controller. Both executive appointments will take effect December 1, 2000. "Hyman and Ed have played critical roles in Con Edison's evolution, particularly during the past several years as the company ... 
Printer Friendly Version
11/22/00Con Edison Appoints Vice Presidents of Gas Operations, Gas Engineering, and Emergency Management
NEW YORK, Nov. 22 /PRNewswire/ -- Con Edison (NYSE: ED) has appointed Thomas Newell vice president of Gas Operations; David Davidowitz vice president of Gas Engineering; and George Greenwood vice president of Emergency Management. The executive appointments were announced by Con Edison's Board of Directors at a November 16 meeting and will be effective December 1, 2000. Newell joined Con Edison in 1980 as an operating supervisor for Queens Gas Operations. Since then, he has held other pos... 
Printer Friendly Version
11/21/00Ambient Corporation and Consolidated Edison of New York Announce Successful Initiation of First Phase Joint Testing of Ambient's Powerline Telecommunications Technology
NEW YORK, Nov. 21 /PRNewswire/ -- Ambient Corporation (OTC Bulletin Board: ABTG), the leader in Powerline Telecommunications (PLT) technology, and Consolidated Edison Company of New York Inc. (NYSE: ED), one of the nation's largest investor-owned utility companies, announced today the initiation of the first phase alpha testing of Ambient's proprietary Powerline Telecommunications technology (PLT). This first phase alpha test is a key initial step towards eventual full deployme... 
Printer Friendly Version
11/16/00Con Edison Sponsors 2000 Holiday Lights at The Bronx Zoo
NEW YORK, Nov. 16 /PRNewswire/ -- What has tens of thousands of lights and draws hundreds of thousands of tourists every holiday season? The Con Edison (NYSE: ED) Holiday Lights exhibit at the Bronx Zoo, of course. The Bronx Zoo Holiday Lights sponsored by Con Edison officially will be lit tomorrow, Friday, November 17, at 5:30 p.m. The enlightening exhibit runs through January 1. Helping illuminate the extravaganza will be cast members from Radio City Entertai... 
Printer Friendly Version
11/09/00Con Edison Announces Agreement to Sell Indian Point Nuclear Units to Entergy
NEW YORK, Nov. 9 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (NYSE: ED) announced today that it has reached an agreement with Entergy Corporation (NYSE: ETR) for the sale of Con Edison's Indian Point units 1 and 2 nuclear power plant in Buchanan, N.Y. Indian Point 2 and its associated gas turbines have a combined capacity of 1015 MWs. Indian Point 1 has been shut down and in safe storage since the early 1970's. Under the agreement, Entergy will ... 
Printer Friendly Version
11/09/00Con Edison to Help Customers Reduce the Impact Of High Winter Natural Gas Prices
NEW YORK, Nov. 9 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) today announced several major steps to help hold down the cost of winter heating bills for its one million residential and commercial firm gas customers, even as natural gas prices across the country have soared. As part of a one-year agreement with the staff of the N.Y.S. Public Service Commission (PSC) and other parties, gas bills for Con Edison's customers will b... 
Printer Friendly Version
10/31/00Con Edison Hires News Veteran Chris Olert to Media Relations Team
NEW YORK, Oct. 31 /PRNewswire/ -- Con Edison Media Relations Director Michael Clendenin announced today that Chris Olert, Daybook Editor for the Associated Press with more than 27 years experience in print and broadcast news, has been named Assistant Director of Media Relations for the company. Olert, who had been with the Associated Press since 1992, was responsible for writing and editing daily events for the New York metro region, helping coordinate coverage with regional bureaus nationw... 
Printer Friendly Version
10/23/00Con Edison Statement On Connecticut Department of Public Utility Control’s Decision on CEI/NU Merger
We intend to ask the Connecticut Department of Public Utility Control (DPUC) to reconsider its decision. Although some changes were made to the draft decision, the DPUC order is not materially different from the draft and is substantially different from anything that we had any reason to expect from the DPUC. Unless this order is substantially modified, it so significantly changes the economic effects and risks of the merger that it calls into serious question whether the transaction will be c... 
Printer Friendly Version
10/22/00Con Edison Clock Tower Shines To Honor World Series
NEW YORK, Oct. 20 /PRNewswire/ -- In honor of the World Series between the Yankees and the Mets, Con Edison will illuminate the clock tower at its headquarters building in the colors of each team on the dates of each home game throughout the series. For the first game on Saturday, October 21, the tower will be lit with a blue and white striped lighting pattern to represent the Yankees. When the Mets host the series on Wednesday, October 25, the tower will be bathed i... 
Printer Friendly Version
10/20/00Con Edison Is 'On It' for the 2000 New York Subway Series
NEW YORK, Oct. 20 /PRNewswire/ -- Electrical facts about Yankee and Shea Stadiums: Yankee Stadium and Shea Stadium use 3,500 and 4,500 kilowatts of power respectively. That's enough energy to power close to 3,000 residential apartments. Both stadiums: consume more electricity than Radio City Music Hall; and expend as much energy as it takes to power the American Stock Exchange each year. 2000 marks the 33rd year of the Con Edison/New York Ya... 
Printer Friendly Version
10/19/00Consolidated Edison, Inc. Reports Third Quarter Income
NEW YORK, Oct. 19 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) today reported net income for common stock for the third quarter of 2000 of $279.9 million or $1.32 a share, compared with $336.0 million or $1.50 a share for the third quarter of 1999. Earnings for the third quarter of 2000 include a charge of approximately $.08 per share representing the impact of replacement power costs for the Indian Point 2 nuclear generating station that were not recovered from customers. ... 
Printer Friendly Version
10/18/00Consolidated Edison Communications Enters New York City Fiber-Optic Transport Market
NEW YORK, Oct. 18 /PRNewswire/ -- In a development that will streamline the delivery of broadband services in New York City, Consolidated Edison Communications, Inc. (CEC) announced today that it has been awarded a franchise to provide fiber-optic transport services throughout the five boroughs. The newly franchised company, a wholly owned subsidiary of Consolidated Edison, Inc., (NYSE: ED) is a "carrier's carrier." As such, it provides wholesale, carrier-grade ... 
Printer Friendly Version
10/18/00Con Edison Repowering Project Will Lower Overall Emissions From East River Plant
NEW YORK, Oct. 18 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) announced today that the repowering of the East River Generating Station is expected to result in an overall decrease in emissions from the power plant. ``This project will fully replace an older Con Edison steam generating facility, the Waterside plant. It will have one-fourth the total rate of air emissions of that facility. In response to community concerns about the level of emissi... 
Printer Friendly Version
10/06/00Con Edison Sponsors Environmental Careers Conference
NEW YORK, Oct. 6 /PRNewswire/ -- For the fifth consecutive year, Consolidated Edison Company of New York, Inc. (NYSE: ED) (Con Edison) sponsored Green Horizons, a unique conference on environmental careers aimed at educating middle-school students about a wide range of natural resources professions. Three hundred middle school students and their guidance counselors spent a full day yesterday at the Staten Island Botanical Garden working with professionals from a variety of... 
Printer Friendly Version
10/03/00Con Edison Announces Landmark Agreement to Significantly Lower Delivery Rates, Protect Customers and Spur Economic Development
NEW YORK, Oct. 3 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) announced today that it has signed a wide-ranging agreement with the staff of the New York Public Service Commission (PSC) and a number of other interested parties that will reduce rates and lower customers' bills, increase protections for low-income customers and continue its strong reliability and customer service programs. Under this agreement, the company would e... 
Printer Friendly Version
10/02/00Con Edison's Electrical Distribution System Has Best Summer Performance in Eight Years
NEW YORK, Oct. 2 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) today released data showing that the overall electrical system performance for this summer, based on the rate of service interruptions, was the best in the past eight years. The electrical system's overall performance data for June, July and August 2000, compared with the previous five-year average, indicates a reduction of approximately 43 percent in the number of customer i... 
Printer Friendly Version
09/28/00Con Edison Urges Major Reforms for Electricity Marketplace to Protect Consumers
NEW YORK, Sept. 28 /PRNewswire/ -- Asserting that New York State's deregulated electricity market "needs substantial and immediate reform" to protect consumers from soaring prices, Consolidated Edison Company of New York, Inc. (Con Edison) today urged the Federal Energy Regulatory Commission (FERC) to institute market reforms aimed at preventing unreasonably high energy prices and ensuring that consumers are protected from any market abuses by power generators. I... 
Printer Friendly Version
09/14/00Con Edison Development Breaks Ground for New Power Plant In Newington, New Hampshire
NEWINGTON, N.H., Sept. 14 /PRNewswire/ -- Newington Energy, LLC, an affiliate of Consolidated Edison Development, Inc., (CED) today held a groundbreaking ceremony for its 525-megawatt natural-gas fired power plant in Newington, New Hampshire. Headquartered in New York City, CED is a wholly owned subsidiary of Consolidated Edison, Inc. and acquires, develops, owns and operates electric generation assets in the Northeast. The Newington plant will use state-of-the-a... 
Printer Friendly Version
08/23/00Burke Named President of Consolidated Edison of NY; Other Executive Appointments Announced
NEW YORK, Aug. 23 /PRNewswire/ -- Kevin Burke, 49, was today named President of Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED), announced Eugene R. McGrath, Chairman and Chief Executive Officer of Consolidated Edison, Inc. Mr. Burke is currently the President of Orange and Rockland Utilities, Inc., (O&R), also a subsidiary of Consolidated Edison, Inc., where he has served since July of 1999. During his tenure, Mr. Burke began the successful... 
Printer Friendly Version
08/23/00Con Edison Launches an Energy Fund for Low-Income Customers
NEW YORK, Aug. 23 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) today launched EnergyShare, an energy fund to assist low-income residential customers who are experiencing financial difficulties and possible termination of electrical service. The program, which will be administered by the non-sectarian 501 (c) (3) human services agency HeartShare, will give one-time grants of up to $200 to qualifying homeowners or renters. "At Con Edi... 
Printer Friendly Version
08/17/00Con Edison Launches Effort to Help Residents and Businesses with Higher Electricity Bills
NEW YORK, Aug. 17 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) today announced new initiatives to help residential and small to mid-size business customers cope with significant bill increases prompted by the high prices the company is paying in the wholesale market for energy supply this summer. Con Edison is expanding its Level Billing Plan and is seeking approval from the Public Service Commission (PSC) to cancel late payment charges on... 
Printer Friendly Version
08/15/00Con Edison Enters Memorandum of Understanding With PLTsolutions Inc
NEW YORK, Aug. 15 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) has entered into a Memorandum of Understanding with PLTsolutions Inc., a U.S. owned subsidiary of Ambient Corporation (OTC Bulletin Board: ABTG). The agreement provides for a phased-testing program over Con Edison's power lines of proprietary technology developed by PLTsolutions Inc. PLT's proprietary technology is designed to facilitate high-speed data transfer u... 
Printer Friendly Version
08/02/00The Greater Harlem-Con Edison Historic Bike Tour Set for August 6
NEW YORK, Aug. 2 /PRNewswire/ -- The second Greater Harlem-Con Edison Historic Bike Tour on Sunday, August 6 at 10 a.m., promises to be a fun-filled event for the whole family to enjoy. The 12-mile bike tour through the village of Harlem incorporates live entertainment, a vintage bike display and an exhibit of some the hottest new vehicles around. Consolidated Edison Company of New York, Inc. proudly presents the unique tour in conjunction with the Greater Harlem Cham... 
Printer Friendly Version
07/27/00Con Edison Accepts a Position on the PLT Solutions Advisory Board
NEW YORK, July 27 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) has accepted a position on the PLT Solutions Advisory Board. Established by Ambient Corporation, PLT Solutions Inc. is a U.S. owned subsidiary that is promoting the use of cutting-edge technology in the development of power line telecommunications. PLT's propriety technology is designed to facilitate high-speed data transfer using existing electric power lines in ho... 
Printer Friendly Version
07/26/00ConEdison Solutions Joins Energy.com as Commodity/Service Provide
WHITE PLAINS, N.Y., July 26 /PRNewswire -- ConEdison Solutions now offers electricity and natural gas to medium and large businesses over the Internet through Energy.com's Energy Exchange, an electronic bidding system for business energy consumers. ConEdison Solutions becomes more accessible to business customers through Energy Exchange, which allows businesses to submit a single request for proposal to as many energy service providers as are available in their region. ``Energy.... 
Printer Friendly Version
07/25/00Con Edison Announces Executive Appointment
NEW YORK, July 25 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) announced today that Stephen F. Wood has been named vice president of engineering services in the company's electric operations organization. He will be responsible for 'customer relationships, marketing and sales, electric engineering, and facilities support for Con Edison's electric distribution system, as well as coordinating storm outage restoration. "We're fortunate to have s... 
Printer Friendly Version
07/20/00Consolidated Edison, Inc. Reports Second Quarter Income
NEW YORK, July 20 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) today reported net income for common stock for the second quarter of 2000 of $68.7 million or $.33 a share, compared with $66.4 million or $.30 a share for the second quarter of 1999. The company also declared a dividend of 54-1/2 cents a share on its common stock payable September 15, 2000 to stockholders of record as of August 16, 2000. The company's net income for common stock for the first six mo... 
Printer Friendly Version
07/12/00Con Edison Named to FORTUNE's '50 Best Companies for Minorities'
NEW YORK, July 12 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. was named by FORTUNE Magazine as one of America's 50 Best Companies for Minorities. Con Edison has consistently been named to the FORTUNE list since the publication instituted the national survey in 1998. Con Edison placed 23rd on the list that appears in the magazine's July 10, 2000, issue, up from 33rd in last year's ranking. "We are proud that our dedicated workforce of 14,000... 
Printer Friendly Version
06/25/00Con Edison and Union Reach Tentative Settlement
We are pleased to have reached a tentative settlement that is fair to the men and women of Con Edison who provide such important service to our customers. Con Edison is one of the nation’s largest utility companies, with approximately $7 billion in annual revenues and approximately $14 billion in assets. The company, a subsidiary of Consolidated Edison Inc., (NYSE: ED) provides electric, gas and steam service to more than three million customers in New York City and Westchester Count... 
Printer Friendly Version
06/21/00Con Edison Honored by U.S. Coast Guard for Environmental Excellence
NEW YORK, June 21 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE:ED) was honored today by the U.S. Coast Guard with the William M. Benkert Award for Excellence in Marine Environmental Protection for the company's vigilance in safeguarding the marine environment of New York City and the Hudson Valley. The William M. Benkert Award is the Coast Guard's premier marine environmental protection award. It is designed to recognize outstanding... 
Printer Friendly Version
06/19/00Con Edison to Test Systems at Indian Point 2
NEW YORK, June 19 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. announced today that it will begin routine testing of plant systems at its Indian Point 2 nuclear generating station in Buchanan, New York on or about June 20, 2000. The testing is being performed in preparation for returning the plant to operational status and will involve pressurizing and heating piping systems to levels below normal operating conditions. The nuclear reactor will remain shutdown ... 
Printer Friendly Version
06/19/00Con Edison Steam System Rated Best In World
Consolidated Edison of New York, Inc.’s Steam Business Unit (SBU) was awarded the System of the Year award for the year 2000 by the International District Energy Association’s (IDEA) last week. The annual award is the top honor IDEA confers on a district energy system. The award serves as an industry benchmark for overall excellence and recognizes the company's steam system operation as an exemplary utility system providing high-level performance and service that furthers the goa... 
Printer Friendly Version
06/15/00Con Edison Appoints Michael S. Clendenin Director of Media Relations
NEW YORK, June 15 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) (NYSE: ED) announced today the appointment of Michael S. Clendenin as director of media relations in the utility's public affairs organization effective early July. Clendenin will have responsibility for the company's corporate media relations activities and will serve as a corporate spokesperson. "Mike brings to the company a broad range of media and public relations experie... 
Printer Friendly Version
06/09/00Con Edison Joins the National Puerto Rican Day Parade Celebration
NEW YORK, June 9 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) will join the 42nd annual National Puerto Rican Day Parade celebration on Sunday, June 11 by co-sponsoring the float of the Staten Island Latino Civic Association (LCA). Incorporating depictions of the Statue of Liberty and the Staten Island Ferry, the float will represent LCA's ideal of building bridges with other community groups to further a better understanding of each other's goals and aspirations. ... 
Printer Friendly Version
06/02/00Con Edison Development Closes Purchase of Lakewood, New Jersey Independent Power Plant
NEW YORK, June 2 /PRNewswire/ -- Consolidated Edison Development, Inc., (CED) a wholly owned subsidiary of Consolidated Edison, Inc., announced today the completion of its purchase of a majority interest in the Lakewood Cogeneration plant, located in Lakewood, New Jersey, from the CMS Energy Corporation. CED will use the generating assets to support the power marketing and trading activities of Con Edison Energy, a wholesale energy marketer. The 236-megawatt natural... 
Printer Friendly Version
06/02/00Con Edison Joins in Formation of Pantellos Corporation
THE WOODLANDS, Texas, June 2 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) joined in the formation of Pantellos Corporation, a new company that will operate and manage an open, independent Internet marketplace for the purchase of goods and services between the energy industry and its suppliers. Con Edison is a founding member of the consortium of 15 leading North American energy and utility companies that was formed earlier this year to develop this marketpla... 
Printer Friendly Version
06/01/00Con Edison First Utility to Join HomePlug Powerline Alliance
NEW YORK, June 1 /PRNewswire/ -- Consolidated Edison Inc. (Con Edison) has become the first electric utility to join the HomePlug Powerline Alliance (HomePlug), a not-for-profit corporation that is working to promote the development of networked products and services for the home that will utilize electric power lines for communications and data transmission. As a HomePlug Participant member, Con Edison will be in the forefront of powerline technology and will work with other H... 
Printer Friendly Version
06/01/00Con Edison Files Application to Repower Steam Station
NEW YORK, June 1 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. (Con Edison) today filed an Article X Application with the New York State Board on Electric Generation Siting and the Environment to increase the steam and electric output of the company's East River Generating Station located at East 14th Street and Avenue C. Under the Public Service Law, an Article X filing is required whenever 80 megawatts or more of new electric generation capacity is proposed fo... 
Printer Friendly Version
06/01/00Con Edison's Merger With Northeast Utilities Receives FERC Approval
NEW YORK, June 1 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) pending merger with Northeast Utilities, Inc. received unanimous approval by the Federal Energy Regulatory Commission (FERC), which approved the merger without conditions. In its order, the Commission found that the proposed merger will not adversely affect competition and is consistent with the public interest. "We are pleased with FERC's approval and we're glad to have passed this important mi... 
Printer Friendly Version
05/30/00Con Edison Earns International Recognition for Environmental Programs
NEW YORK, May 30 /PRNewswire/ -- Consolidated Edison Company of New York, Inc., (Con Edison) announced today that three of the company's organizations have been certified by the American National Standards Institute (ANSI) for the ISO 14000 series certification of the prestigious International Organization for Standardization (ISO). Certification with the ISO, based in Geneva, Switzerland, verifies that a company has a comprehensive environmental management system in place that... 
Printer Friendly Version
05/17/00Alec Baldwin and Miss USA to Help Con Edison 'Serve up a Cure' at Grand Central Terminal Tennis Event
NEW YORK, May 17 /PRNewswire/ -- Actor Alec Baldwin and the reigning Miss USA, Lynette Cole, will be among the special guests at "Serve Up A Cure," presented by Consolidated Edison Company of New York, Inc. (Con Edison) in Vanderbilt Hall at Grand Central Terminal on Thursday, May 18 from 6 a.m. until 2 p.m. "Serve Up A Cure" is a unique, adult-beginner tennis program that supports breast-cancer charities. The "Serve Up A Cure" event gives invited guests and the gener... 
Printer Friendly Version
05/15/00Con Edison's Financial Strength and Strategic Growth Highlighted at Company's Annual Meeting
NEW YORK, May 15 /PRNewswire/ -- At the Con Edison annual shareholders' meeting, Consolidated Edison, Inc.'s (Con Edison [NYSE: ED]) chairman, Eugene R. McGrath, reported on the company's excellent financial performance in 1999, a time of dramatic change in the energy industry. He noted that "we moved aggressively to expand our business by completing the acquisition of one energy company and agreeing to acquire another. We expanded our competitive businesses. We streamlined our... 
Printer Friendly Version
05/15/00General Services Administration (GSA) Chooses Con Edison Solutions To Provide Electricity For New York City Facilities
Savings to Taxpayers Estimated at $1 Million WHITE PLAINS, NY, May 15, 2000 - The United Nations, American Red Cross, U.S. Postal Service and other federal agencies have joined under the U.S. General Services Administration's (GSA) power procurement contract to purchase electricity for their facilities in the New York City area from ConEdison Solutions, the leading energy services provider in the northeast. This award marks the second deregulated electric contract for GSA in the agency's... 
Printer Friendly Version
05/09/00All New York State Electric Utilities Ask Customers to Reduce Electricity Use
NEW YORK, May 9 /PRNewswire/ -- In response to a request by the New York Independent System Operator (NYISO), all electric utilities in New York state, including Consolidated Edison Company of New York, Inc. (Con Edison) are asking their customers to reduce unnecessary electricity usage until further notice. This public appeal is not because of any problems on Con Edison's transmission and distribution system, but is precautionary and intended to help ensure an adequate electri... 
Printer Friendly Version
05/05/00Con Edison Rolls Into Its Fourth Year as Sponsor of BIKE NEW YORK: The Great Five Boro Bike Tour
NEW YORK, May 5 /PRNewswire/ -- Consolidated Edison Company of New York, Inc. is set to present BIKE NEW YORK: The Great Five Boro Bike Tour for the fourth consecutive year on Sunday, May 7 at 8 a.m. starting at Battery Park. BIKE NEW YORK is the nation's largest mass-cycling event. More than 30,000 riders from across the country and abroad are expected to participate. "Each year, this exciting family event grows larger and larger, giving people of all ages and from ... 
Printer Friendly Version
04/26/00Con Edison Presents Progress Report on Summer Preparedness
NEW YORK, April 26 /PRNewswire/ -- Consolidated Edison Company of New York Inc. (Con Edison) is spending an additional $315 million on a comprehensive five-year program to improve its electrical distribution system throughout its service area of New York City and Westchester County, company officials reported today from the Con Edison Learning Center in Long Island City, New York. ''The company's goal is to further improve the most reliable energy distribution system in the country,'' said R... 
Printer Friendly Version
04/20/00Con Edison Announces Increase in First Quarter Earnings
NEW YORK, April 20 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) today (Thursday, April 20, 2000) reported a 15.8 percent increase in earnings per share for the first quarter of 2000. The company also declared a dividend of 54 1/2 cents a share on its common stock payable June 15, 2000 to stockholders of record as of May 17, 2000. The company's net income for common stock for the first quarter of 2000 was $188.1 million or $.88 a share, compared with $176.6 million ... 
Printer Friendly Version
04/14/00Con Edison Shareholders Approve Company's Merger With Northeast Utilities
NEW YORK, April 14 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced that it has received approval from its shareholders for the company's pending acquisition of Northeast Utilities (NYSE: NU). At a special meeting held today, shareholders voted in favor of the merger. "Our shareholders strongly support this strategic combination, which will contribute to the company's continued financial strength and potential for future growth in this... 
Printer Friendly Version
04/13/00Con Edison's Chairman Principal For a Day
NEW YORK, April 13 /PRNewswire/ -- Consolidated Edison, Inc.'s chairman, president and chief executive officer, Eugene R. McGrath, took the helm of another organization today, serving as Principal For A Day at the High School for Environmental Studies on Manhattan's Upper West Side. Usually running one of the nation's largest energy companies, today McGrath will get a firsthand opportunity to appreciate the challenges of running a high school in the largest public school system in t... 
Printer Friendly Version
04/12/00Con Edison Launches Investor Relations Section on Website
NEW YORK, April 12 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced the launch of a new investor information section on its website. This new service provides investors with greatly enhanced online access to the company's annual reports, SEC filings and analyst presentations, as well as detailed financial and operating data. Investors can also review historical stock price and dividend information, and sign up to be notified of new postings on ... 
Printer Friendly Version
04/06/00Con Edison Enters Smithsonian as Leader in Information Technology
NEW YORK, April 6 /PRNewswire/ -- The Smithsonian Institution honored Consolidated Edison Company of New York, Inc., for its innovative Intell-A-Check customer service system at a ceremony held earlier this week in the nation's capital. The Windows-based desktop application eliminates the need to write and mail checks. Instead, customers are able to directly call account representatives and provide their checking account information for account deduction. ``The Intell-A-Check system is ... 
Printer Friendly Version
04/03/00Con Edison Lowers Rates to Customers for Fourth Time Since 1997
NEW YORK, April 3 /PRNewswire/ -- On April 1st, Consolidated Edison Company of New York, Inc. (Con Edison) reduced base rates to its electric customers by $103 million. This brings to customers cumulative base-revenue reductions of $679 million since 1997, as provided for under a five-year electric restructuring and rate plan. "This is the latest step by Con Edison in reducing base rates to our electric customers by a total of more than $1 billion over the five-year ... 
Printer Friendly Version
03/29/0015 Energy Companies Form Consortium for E-Procurement Exchange
DALLAS, March 29 /PRNewswire/ -- A consortium of 15 leading U.S. electric and gas companies plans to launch an Internet marketplace for the purchase of goods and services between the energy industry and its suppliers this year. The 15 companies include American Electric Power (NYSE: AEP), Cinergy (NYSE: CIN), Consolidated Edison, Inc. (NYSE: ED), Duke Energy (NYSE: DUK), Edison International (NYSE: EIX), Entergy (NYSE: ETR), FirstEnergy Corp. (NYSE: FE), FPL Group (NYS... 
Printer Friendly Version
03/21/00Con Edison Development Wins Bid For Lakewood, New Jersey Independent Power Plant
NEW YORK, March 21 /PRNewswire/ -- Consolidated Edison Development, Inc., (CED) a wholly owned subsidiary of Consolidated Edison, Inc., announced today that it has been selected to purchase the majority interest in 236 megawatts of gas-fired combined-cycle generating assets auctioned by CMS Energy Corporation. The sale, which is contingent upon regulatory approvals, is expected to be completed by June 2000. CED will use the generating assets, located in Lakewood, New ... 
Printer Friendly Version
03/13/00Con Edison Appoints Brenda Pérez As Manager Of Media Relations
Consolidated Edison Company of New York, Inc. (Con Edison) announced today the appointment of Brenda Pérez as manager of media relations in the utility’s public affairs organization. Pérez will serve as a company liaison with the media and act as a corporate spokesperson. "We’re fortunate to have someone with Brenda’s experience and expertise in so many facets of the media to communicate on behalf of the company with the many diverse communities that we serve," said Frances A. Reshe... 
Printer Friendly Version
03/13/00Con Edison Board Elects New Directors
Consolidated Edison, Inc. (Con Edison) announced today that Dr. George Campbell, Jr., recently named the next president of The Cooper Union for the Advancement of Science and Art, has been elected to the company’s Board of Directors, effective February 17, 2000. He joins Michael J. Del Giudice, former chairman of Orange and Rockland Utilities (O&R), who was named a director this past July following O&R’s merger with Con Edison, as the most recent appointments to the utility’s board. "We are ... 
Printer Friendly Version
03/06/00Con Edison Sets Special Stockholders' Meeting To Approve Acquisition Of Northeast Utilities
Consolidated Edison, Inc. (Con Edison - NYSE: ED) today began mailing a proxy statement to its stockholders announcing a special stockholders’ meeting to be held on April 14, 2000, at 2:00 p.m. at Con Edison’s headquarters, 4 Irving Place, New York, New York, to approve the company’s merger with Northeast Utilities. The proxy statement, which contains information about the proposed merger, was included in a registration statement that was filed with the Securities and Exchange Commission and d... 
Printer Friendly Version
03/06/00Con Edison Energy Wins Western Massachusetts Standard Offer Contract; Expands Trading Capabilities
Con Edison Energy (CEE), a wholly owned subsidiary of Consolidated Edison, Inc., has been awarded a contract to supply 20 percent of the Standard Offer Service requirements for the Western Massachusetts Electric Company (WMECO) through a competitive auction process. Standard Offer Service is a full-requirements electric supply service provided by an electric distribution company to retail customers who do not switch to a competitive supplier. Under the terms of the one-year contract, CEE will ... 
Printer Friendly Version
03/02/00Con Edison To Hold Full-Volume Siren Test At Indian Point
Con Edison will conduct a three-minute, full-volume test of the emergency alert and notification sirens located within the 10-mile emergency planning zone surrounding the Indian Point Station in Buchanan, N.Y. The test will be conducted on Tuesday, March 7, 2000 at 11:30 a.m. THIS IS ONLY A TEST . In accordance with guidelines established by the Federal Emergency Management Administration (FEMA), this test is part of the scheduled testing procedure of the plant’s alert notification system. ... 
Printer Friendly Version
02/16/00Con Edison Ends Alert At Indian Point 2
Buchanan, N.Y. - Con Edison terminated its declaration of an Alert at its Indian Point 2 nuclear generating station today at 6:50 p.m. when the plant reached a cold shut-down condition. The Alert, the second least serious of four emergency categories at nuclear plants, was declared Tuesday, February 15, at 7:29 p.m. when a leak was discovered in one of the plant's four steam generators. Operators shut the plant down manually, and the leakage from the reactor coolant was isolated. Although th... 
Printer Friendly Version
02/04/00Con Edison Hosts The U.S. Memory Championship At Corporate Headquarters In New York
Consolidated Edison Company of New York, Inc. will host the 3rd Annual U.S. Memory Championship - Memoriad 2000 - at its corporate headquarters at 4 Irving Place in Manhattan on Saturday, February 5, 2000 from 9 a.m. until 5 p.m. The five-event national competition for “mental athletes” is expected to draw more than 1,000 participants and spectators. To qualify, official contestants must memorize 100 names and faces, 500 words, recall a shuffled deck of cards, and memorize a 50-l... 
Printer Friendly Version
02/04/00Con Edison Celebrates Black History Month With Free Series For Students And Benefit Concert At The Apollo Theatre
A stellar concert featuring the Grammy-Award winning musical group, “Sounds of Blackness,” highlights this year’s Black History Month celebration sponsored by Consolidated Edison Company of New York, Inc. The celebration continues with a series of exciting performances by the Ishangi Family African Dancers. APOLLO THEATRE On Saturday, February 5 at 8 p.m. at the legendary Apollo Theatre in Harlem, Con Edison co-hosts Concert 2000, a benefit event presented by the Ca... 
Printer Friendly Version
02/01/00Con Edison Announces Auction Process Seeking Potential Bidders For The Sale Of Indian Point 2
Consolidated Edison Company of New York, Inc. (Con Edison) today announced plans for an auction process seeking qualified bidders interested in pursuing ownership and operation of the company’s Indian Point 2 (IP2) nuclear generating station. This is the latest step in the company’s process of exploring options to continued ownership and operation of IP2, which is located in the Village of Buchanan in Westchester County, New York. The IP2 facility provides a total gross capability of over 1,00... 
Printer Friendly Version
02/01/00Con Edison To Hold Public Forum On East River Repowering Plan
Consolidated Edison Company of New York, Inc. (Con Edison) will hold the second in a series of public awareness forums on its plan to repower its East River generating station located at East 14th Street and Avenue D in Manhattan. The forum will be held on Wednesday, February 2, 2000 from 7:00 p.m. to 9:00 p.m. at the Baruch College Conference Center, 151 East 25th Street. At the forum, Con Edison will provide an update on the current status of the plan, and will also review and discuss the p... 
Printer Friendly Version
01/28/00Con Edison Honors Employees For Living Company’s Values
Consolidated Edison Inc. (Con Edison) bestowed its highest employee honor, the "Living Our Values" award, on six employees at the company’s annual business conference last night. This award is given to Con Edison men and women who exemplify the company’s values of service, honesty, concern, courtesy, teamwork, and excellence. Con Edison created the "Living Our Values" award eight years ago to recognize and honor the values and work ethic of outstanding employees who consistently serve as role ... 
Printer Friendly Version
01/28/00Colin Powell Addresses Con Edison’s Business Conference
General Colin Powell, former chairman of the Joint Chiefs of Staff, addressed employees of Consolidated Edison Inc. this afternoon at the company’s annual business conference held in Greenwich, Conn. The annual conference is attended by a cross- section of management employees from all company organizations for the purpose of stimulating thinking about the challenges facing the company, finding creative ways to meet those challenges, and identifying points of focus for both the near- and far-te... 
Printer Friendly Version
01/26/00Conedison Solutions’ Mitchell Wins Harris Award From Federal Energy Management Program
WHITE PLAINS, NY, January 26, 2000 – John Mitchell, an industry manager for ConEdison Solutions, was awarded the inaugural Louis R. Harris, Jr. Award by the U.S. Department of Energy’s Federal Energy Management Program for his ongoing contribution to helping the government meet its energy efficiency goals. "We are very proud of John Mitchell. In the time that John has been part of the ConEdison family, he has always shown the customer dedication that helped him get this recognition from the E... 
Printer Friendly Version
01/24/00Con Edison Appoints Terri B. Crowley As Manager Of State Government Relations
Consolidated Edison Company of New York, Inc. (Con Edison) announced the appointment today of Terri B. Crowley as manager of state government relations in the utility’s public affairs organization. Crowley will act as the company’s liaison in Albany to state governmental organizations and serve as corporate spokesperson on state government matters. "We’re pleased to have someone with Terri’s experience and ability to communicate with the state legislators on behalf of the company and our cus... 
Printer Friendly Version
01/21/00As The Thermometer Plunges, Gas Usage Soars
The cold snap that has the region locked in its icy grasp has also been responsible for record-setting natural gas usage by customers of Consolidated Edison Company of New York, Inc. (Con Edison). As thermostats were inched up to fend off the effects of the frigid weather, the company reported new highs in both the amount of natural gas used by customers as well as the total amount of gas transported through its gas transmission and distribution system. "We have had many days of high gas con... 
Printer Friendly Version
01/20/00Con Edison Announces Favorable 1999 Earnings; Increases Dividend For 26th Consecutive Year
Expands Stock Repurchase Program by $300 Million NEW YORK, Jan. 20 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) today reported favorable earnings growth of 3.3 percent for 1999, increased its dividend by 4 cents on an annualized basis and expanded its common stock repurchase program by up to $300 million. ``These actions reflect the company's continued commitment to provide enhanced shareholder value for both the short- and long-term,'' said Chairman and Chief Executive Officer E... 
Printer Friendly Version
12/14/99Con Edison To Explore Alternatives To Continued Ownership And Operation Of Indian Point 2 Nuclear Power Plant
Con Edison today announced its intention to explore alternatives to the continued ownership and operation of its Indian Point 2 Nuclear Power Plant. The review will include the retired Indian Point 1 unit and the site’s gas turbines. Indian Point 2, located in the Village of Buchanan in Westchester County, New York, provides a total gross capability of over 1,000 MW of power to New York City and Westchester County. The decision to review alternatives for the plant reflects the pace of deregu... 
Printer Friendly Version
12/01/99Con Edison’s McGrath Lights New Times Square Ball In Dazzling Display Of Lighting Technology
NEW YORK, December 1 -- Consolidated Edison, Inc. Chairman, President and CEO Eugene R. McGrath, Times Square Business Improvement District President Brendan Sexton and Countdown Entertainment President Jeffrey Straus today lighted for the first time ever the new Times Square Ball and the accompanying year "2000" numerals. The dazzling display of lighting technology was a test run in preparation for the greatest New Year’s Eve celebration in history -- Times Square 2000. Joining in the event... 
Printer Friendly Version
11/17/99Con Edison Solutions Donates New High-Efficiency Lighting System To Sound View Community Media Inc
BRIDGEPORT, CT, November 17, 1999 - Con Edison Solutions, one of the leading energy services companies in the northeastern United States, and a member of the Bridgeport Economic Resource Center has donated and installed a new high-efficiency lighting system for the Sound View Community Media Center in Bridgeport. Sound View Community Media Inc. is a non-profit affiliate of the Discovery Museum. The new lighting system illuminates an area leading to the Sound View Community Media Center, which ... 
Printer Friendly Version
11/15/99Conedison Solutions Announces Availability Of Bill Payment Via The Internet
WHITE PLAINS, NY, November 15, 1999 - Con Edison Solutions, one of the leading energy services providers in the northeastern United States, announced today that it has begun offering its New York residential and small business customers Internet billing and payment. The service will be available for customers in Connecticut, Pennsylvania and New Jersey in December. The service, delivered by TransPoint, a leading provider of Internet bill delivery and payment services, will provide Con Edison... 
Printer Friendly Version
10/27/99Con Edison Installs First Special Manhole Cover In Times Square To Celebrate Energy & Ideas For The Millennium
NEW YORK, October 27 -- Consolidated Edison Company of New York Inc. President J. Michael Evans and a crew of Con Edison workers today installed in Times Square the first commemorative Millennium Manhole Cover in support of the company’s participation in Times Square 2000, the New Year’s Eve celebration that will mark the world’s entry into the new millennium. The specially designed 314-pound functional cast iron work of art commemorates the utility’s theme of "Energy and Ideas for the Millenni... 
Printer Friendly Version
10/15/99World Renowned Artist Wins Con Edison’s Millennium Manhole Cover Design Competition
NEW YORK, September 15, 1999 -- You’ve probably already touched, sat on or looked at one of Karim Rashid’s designs and you didn’t even know it. Remember the Oh! Chair designed for Umbra? That was Karim’s. The Garbo waste basket is his, too. Now as the winning designer of Consolidated Edison’s Commemorative Millennium Manhole Cover, this international designer of furniture, lighting, houseware products, cosmetics, interiors and fashion is ready to have his work stepped on and run over ... 
Printer Friendly Version
10/14/99Consolidated Edison, Inc. Announces The Third Quarter Financial Earnings
Consolidated Edison, Inc. today (THURSDAY, OCTOBER 14, 1999) announced its financial results for the third quarter of 1999. The company’s net income for common stock for the third quarter of 1999 was $336.0 million or $1.50 a share, compared with $347.0 million or $1.49 a share for the third quarter of 1998. The company’s net income for common stock for the first nine months of 1999 was $579.1 million or $2.56 a share, compared with $580.9 million or $2.48 a share for the first nine month... 
Printer Friendly Version
10/13/99Consolidated Edison to Acquire Northeast Utilities in $19 Billion Strategic Combination
Creates Nation’s Largest Electric Distribution Utility With Over 5 Million Customers NEW YORK, NY and BERLIN, CT (October 13, 1999) - Consolidated Edison, Inc. ("Consolidated Edison") [NYSE: ED] and Northeast Utilities [NYSE: NU] today announced that the boards of both companies have approved a definitive merger agreement to combine the two companies. Under the agreement, Consolidated Edison will acquire all of the common stock of Northeast Utilities for $25.00 per share in a combination ... 
Printer Friendly Version
09/28/99Con Edison Files Pre-Application to Modify Power Plant
Con Edison announced that it filed an Article X Pre-Application with the New York Public Service Commission yesterday for its plan to increase the steam and electric output of the company’s East River Generating Station located at 14th Street and Avenue C. An Article X filing is required whenever a generating plant that is being modified or constructed will exceed 80 megawatts of capacity. The pre-application process provides an opportunity for the company to consult informally with regulator... 
Printer Friendly Version
09/17/99Con Edison Weathers Hurricane Floyd
As Hurricane Floyd worked its way up the eastern seaboard, Con Edison and Orange & Rockland crews worked throughout the night to restore power to our customers. Although Floyd, which was downgraded to a tropical storm by the time it hit New York, spared New York City from debilitating damage, customers in Westchester, Orange and Rockland counties paid a heavier price. As of 7:00 a.m., fewer than 500 customers were still without power in the city while approximately 10,000 Westchester customers... 
Printer Friendly Version
09/16/99'Condition Red' Weather Alert Issued by Con Edison as Hurricane Floyd Advances
Con Edison upgraded an earlier weather alert to "Condition Red" for the electric distribution system for New York City and Westchester County in anticipation of Hurricane Floyd. The company is mobilizing emergency personnel and equipment. Crews, already on standby since a Condition Yellow alert was issued yesterday, are assigned throughout the service area for rapid restoration in the event of outages. Alerts are generally declared when major weather systems are projected to affect Con Edi... 
Printer Friendly Version
09/15/99Con Edison Prepares For Hurricane Floyd
Con Edison is closely monitoring the progress of Hurricane Floyd and is planning well in advance to respond quickly and efficiently in the event of any power outages. Preparations are underway as emergency staffing and equipment needs are being evaluated. Among the actions taken by the company are a review of available emergency personnel, such as overhead line crews and support staff, readying additional engineers to assess damage, and preparing environmental response teams to react if neede... 
Printer Friendly Version
09/01/99Con Edison Holds Public Forum on Power Plant Changes
Con Edison announced today that there will be a public forum on Thursday, September 9th, where citizens will be given an opportunity to make comments on the company’s proposal to add additional equipment inside its East River generating station located at 14th Street and Avenue C. Known as "repowering," this internal expansion will increase the steam and electric generation capacity of the facility. Con Edison made its announcement prior to filing an Article X Pre-Application with the New York... 
Printer Friendly Version
08/23/99Con Edison Completes Sales of Major New York City Power Plants
Consolidated Edison Company of New York Inc. (Con Edison) completed the sale of its major New York City power plants on Friday when it transferred ownership of the 1,090-megawatt Astoria Generating Station in Astoria, Queens and the 494-megawatt Gowanus and the 271-megawatt Narrows Gas Turbine sites, both in Brooklyn, to Orion Power Holdings. The price paid was $550 million. “The stage has been set for true wholesale energy supply competition within New York City. While Con Edison will conti... 
Printer Friendly Version
08/16/99Con Edison Crews Help Repair Storm Damage in Pennsylvania
Early yesterday morning, Con Edison dispatched a convoy of 11 crews and supervisors to Bucks County, Pennsylvania, to assist Philadelphia-based PECO Energy Company in its electric service restoration efforts following severe weekend thunder storms. Throughout Saturday, approximately 98,000 PECO customers were without electricity as heavy rain and high winds buffeted the area. In order to expedite service restoration to its customers, PECO reached out to neighboring utilities. "It’s not unusu... 
Printer Friendly Version
07/27/99Consolidated Edison, Inc. Announces The Second Quarter Financial Earnings
Consolidated Edison, Inc. today (TUESDAY, JULY 27, 1999) announced its financial results for the second quarter of 1999. The company also declared a dividend of 53 ½ cents a share on its common stock payable September 15, 1999 to stockholders of record as of August 18, 1999. The company’s net income for common stock for the second quarter of 1999 was $66.4 million or $.30 a share, compared with $62.0 million or $.26 a share for the second quarter of 1998. The company’s net income for... 
Printer Friendly Version
07/22/99Statement Regarding Indian Point 2 Nuclear Power Plant
Despite a recent press report, Consolidated Edison Inc. has not decided to sell its Indian Point 2 nuclear power plant located in Buchanan, NY. Indian Point 2 provides 975MW to New York City and Westchester County. However, Con Edison will, of course, consider viable, responsible proposals regarding this generating facility. Con Edison recently completed the sale of two bundles of generating facilities; the Ravenswood power plant in Queens and the Arthur Kill power plant in Staten Island so... 
Printer Friendly Version
07/21/99Claims Extension
Following discussions with Maureen Helmer, Chairman of the Public Service Commission, Con Edison has agreed today to extend the period for electricity consumers to submit claims arising from the recent electric distribution outages experienced on the utility’s electric system. The utility’s applicable tariff provides, in case of distribution-related outages of at least 12 hours in duration such as experienced in Con Edison’s service area on July 6-7, that residential customers are to be compen... 
Printer Friendly Version
07/19/99Con Edison Asks Customers to Reduce Electricity Use
In response to a request by the New York Power Pool, Consolidated Edison Company of New York Inc. (Con Edison) is asking its customers to reduce unnecessary electricity usage until further notice. Con Edison customer service representatives are also contacting large customers to request voluntarily reduction of all non-essential power use. New York State utilities are experiencing near record demand for electricity and each utility is asking customers to conserve energy. At 2 p.m. today, 11... 
Printer Friendly Version
07/18/99Con Edison Advises Fordham Residents of System Status
In the Fordham section of the Bronx, there are currently two electrical feeders of the 20 feeders that supply the Fordham Network that are out of service and are now undergoing repairs. There are currently five customers of the 80,000 customers in the network that are without service. There is no immediate threat to the entire electrical network. However, a loss of another feeder could result in additional localized customer outages. Con Edison crews are in the area working to rectify the p... 
Printer Friendly Version
07/14/99Statement Concerning July 6th Power Outages
Last week’s events make it important to understand the size and scope of Con Edison’s operations. The Con Edison distribution system covers 604 square miles and serves more than eight million people in New York City and Westchester County. Of the 1,150 feeder cables in our system, approximately 50 were out of service during the Washington Heights network shutdown. The critical eight out of 14 feeders that failed in the Washington Heights network undergo the same tests and inspections as the ... 
Printer Friendly Version
07/09/99Con Edison Creates Independent Board to Review Outage
Con Edison announced today that it has created an independent review board to oversee the company’s review of the events surrounding the power outages that occurred on Tuesday, July 6, 1999. The three-member board consists of highly respected industry experts who will review the events leading up to the outages, the performance of equipment and the response of company personnel. The board members are: Dr. Allan Greenwood, Professor of Electric Power Engineering at Renssselaer Polytechnic Ins... 
Printer Friendly Version
07/06/99Con Edison Urges Washington Heights and Sections of Brooklyn and Queens to Reduce Their Use of Electricity
Con Edison is urging all customers in our service territory to conserve energy during this record-breaking heat wave. Con Edison is requesting that customers in the Washington Heights network in Manhattan and the Richmond Hill network in Brooklyn and Queens discontinue their use of non-essential electrical appliances and equipment until problems on electrical feeder cables can be resolved due to the current heat wave. The utility is experiencing difficulties in these areas and customer cooper... 
Printer Friendly Version
07/06/99Con Edison Hits a New Peak in Energy Usage
Con Edison hit a new peak in energy demand as of 12:00 noon today. The utility is providing 11,700 MW in electrical power to its customers. During this record-breaking heat wave, Con Edison is reporting scattered outages throughout its service area. Crews are on scene working to restore power where necessary. Con Edison is asking all customers to conserve energy by not using non-essential electrical appliances such as washers, dryers, air conditioners and other energy-intensive equipment. ... 
Printer Friendly Version
07/06/99Con Edison Reduces Voltage System-Wide
To help keep electric power flowing reliably during a record-breaking heat wave, Con Edison reduced electric voltage today by five percent system-wide. In addition, it urged its 3 million customers to work with the company by curtailing unnecessary use of energy-intensive equipment, including washers, dryers, air conditioners, lights, televisions and computers. The Con Edison electric system remains stable and the power supply adequate, despite record demand. In implementing the voltage red... 
Printer Friendly Version
07/06/99Con Edison Urges Customers to Reduce Their Use of Electricity
Con Edison is urging all customers in its Washington Heights network to discontinue their use of non-essential electrical appliances and equipment until problems on electrical feeder cables can be resolved. The utility is experiencing difficulties in this area and customer cooperation will help ensure uninterrupted electric service. The Washington Heights network, which serves nearly 69,000 customers, is bounded by the Harlem River on the north and east, the Hudson River on the west and West ... 
Printer Friendly Version
06/25/99Con Edison Completes Sale of Arthur Kill Power Plant in Staten Island and Astoria Gas Turbines in Queens
Consolidated Edison Company of New York Inc. (Con Edison) today transferred ownership of the 842-megawatt Arthur Kill Generating Station in the Travis section of Staten Island, and the 614-megawatt Astoria Gas Turbines in Astoria, Queens, to NRG Energy Inc. The price paid was $505 million. "Today marks the sale of our second bundle of New York City power generating assets, bringing greater competition to the wholesale energy supply market. The hard work and dedication of our employees, who hav... 
Printer Friendly Version
06/18/99Con Edison Completes Sale of Ravenswood Power Plant in Queens
The development of a competitive energy market in New York City reached an important milestone as Consolidated Edison Company of New York Inc. (Con Edison) transferred ownership of the Ravenswood Generating Station and its associated gas turbines, both in Long Island City, Queens, to KeySpan Energy. "This sale is a major step in the development of a wholesale energy market within New York City. We wish our power plant employees well as they continue to reliably and efficiently operate this imp... 
Printer Friendly Version
06/08/99Con Edison Asks Customers to Reduce Electricity Use
In response to a request by the New York Power Pool, Consolidated Edison Company of New York Inc. (Con Edison) is asking its customers to reduce unnecessary electricity usage until 10 p.m. The request was made to all New York state electric companies because of energy shortages of upstate utilities. The electrical supply in New York City and Westchester County is sufficient to meet the expected load. The statewide public appeal is precautionary and intended to help ensure an adequate electric... 
Printer Friendly Version
06/03/99Con Edison Joins EPA and Other Northeast Utilities in Calling for Full Disclosure of Environmental Data
At a press briefing in Washington, D. C. yesterday, United States Environmental Protection Agency (EPA) Administrator Carol M. Browner joined Consolidated Edison Company of New York Inc. (Con Edison) and other utility industry leaders from the Northeast to discuss the impact of new reporting requirements for electricity generators. The companies, members of the Clean Energy Group, gathered in the nation’s capital with representatives of the EPA and the National Resources Defense Council to endo... 
Printer Friendly Version
06/02/99Con Edison Projects Record Demand for Power This Summer; Increase in Electric Use Driven By Healthy Economy
Citing a continued upturn in the area's economy that has led to new business growth, Consolidated Edison Company of New York Inc., (Con Edison) projects that electricity use by its three million customers in New York City and Westchester County will reach new heights this summer. If summer's heat and humidity reach levels the company has planned for, a new record peak demand of 11,650 megawatts could occur, which would surpass the previous record of 11,013 megawatts set on July 15, 1997, by 637... 
Printer Friendly Version
05/25/99Resheske Named Con Edison Vice President of Public Affairs
Consolidated Edison Company of New York, Inc. (Con Edison) announced today that Frances A. Resheske was promoted to vice president of public affairs. Ms. Resheske, who joined Con Edison on February 1, 1999, previously held the position of director of public affairs. Ms. Resheske’s promotion is effective June 1, 1999. "Frances is very talented and has already made important contributions in the few months since she arrived at Con Edison," said Eugene R. McGrath, Chairman of the Board. "We look ... 
Printer Friendly Version
05/05/99Con Edison Offers Customers Internet E-Bill Presentment and Payment
Consolidated Edison Company of New York Inc.’s (Con Edison) three million customers can stop their utility bill from appearing in the mailbox by simply registering to receive an electronic bill (e-bill) over the Internet through TransPoint TM - a joint venture of Microsoft, First Data Corporation and minority investor, Citibank. The service is free and Con Edison customers can view their bill in its entirety and pay with just a click of the mouse. "Internet bill delivery and payment is the n... 
Printer Friendly Version
05/03/99Customer Brochure Details Con Edison Year 2000 Readiness
Consolidated Edison Company of New York Inc. (Con Edison) has developed a new brochure detailing its Y2K readiness program, and assuring customers of the company’s confidence in its ability to deliver the energy services that they have come to expect when January 1, 2000 arrives. The brochure introduces the Y2K computer issue in easy to understand language and proceeds to address many questions Con Edison staff have received in letters, through visits to its Web site http://www.coned.com/, by ... 
Printer Friendly Version
04/27/99Consolidated Edison, Inc. Announces The First Quarter Financial Earnings
Consolidated Edison, Inc. today (TUESDAY, APRIL 27, 1999) reported a 4.1 percent increase in earnings per share for the first quarter of 1999. The company also declared a dividend of 53 1/2 cents a share on its common stock payable June 15, 1999 to stockholders of record as of May 19, 1999. The company’s net income for common stock for the first quarter of 1999 was $176.6 million or $.76 a share, compared with $171.9 million or $.73 a share for the first quarter of 1998. The ... 
Printer Friendly Version
04/14/99Con Edison Joins EPA in Voluntary Environmental Initiative
Consolidated Edison Company of New York Inc. (Con Edison) announced today that it is joining with the United States Environmental Protection Agency (EPA) in a new partnership to help combat global climate change. At a ceremony in Washington, D.C., the EPA named Con Edison as one of the charter partners in the agency’s SF6 (sulfur hexafluoride) Emissions Reduction Partnership for Electric Power Systems , marking the company as the only New York utility to be participating in this voluntary initi... 
Printer Friendly Version
04/06/99Con Edison Announces New President of Orange and Rockland Utilities
Kevin Burke was named the future President of Orange and Rockland Utilities, Inc. today by Eugene R. McGrath, Chairman and Chief Executive Officer of Consolidated Edison, Inc., effective upon the closing of the merger between the two companies. We are awaiting the approvals of the Securities and Exchange Commission and the U.S. Department of Justice in order to complete the merger, and expect to close the transaction next month. Approval of the New York State Public Service Commission as well ... 
Printer Friendly Version
04/05/99Con Edison Merger With O&R Nears Completion
Consolidated Edison Inc. and Orange and Rockland Utilities Inc. reached a major milestone in completing their merger with the approval of the transaction last Friday by Chairman Maureen O. Helmer of the New York Public Service Commission. The approval by the New York regulators follows the action last week by the New Jersey Board of Public Utilities approving the merger. Under the terms of the merger, which was announced last May, Consolidated Edison will acquire all the common stock of Orange... 
Printer Friendly Version
04/02/99Con Edison Ends Enrollment for Second Phase of Retail Choice; Extends Enrollment for Small Customers
Phase two of the Retail Choice Program offered by Consolidated Edison Company of New York Inc. (Con Edison) attracted nearly 22,000 customers, according to enrollment figures at the end of the sign-up period, which recently concluded. Con Edison officials report that the target goal of 2,000 megawatts of electricity supplied by energy services companies (ESCOs) for the first two phases of the program was reached during the enrollment period, which was open since January 4 to small and large co... 
Printer Friendly Version
04/01/99Con Edison Customers to Receive Third Installment of 5-Year Electric Rate Reduction Plan
On April 1st, Consolidated Edison Company of New York, Inc. (Con Edison) will reduce rates to its electric customers by $70 million, which brings the cumulative rate reduction since the beginning of 1998 to $209 million. "This latest rate decrease continues Con Edison’s five-year plan to lower electric rates by a full 10 percent by the year 2001," said Joan Freilich, Con Edison’s chief financial officer and executive vice president. "Under our 5-year restructuring plan approved by the Public... 
Printer Friendly Version
03/03/99Con Edison Announces Winning Bidder for Power Generating Facilities
Consolidated Edison Company of New York Inc. (Con Edison) announced today that Orion Power Holdings is the winning bidder for its Astoria electric generating plant in Queens and the Gowanus and Narrows gas turbines in Brooklyn. Orion agreed to pay $550 million for the Astoria bundle, which consists of the 1,090-megawatt Astoria Generating Station, the 494-megawatt Gowanus Gas Turbines and the 271-megawatt Narrows Gas Turbines. Orion will offer employment to all Con Edison employees working at... 
Printer Friendly Version
01/29/99Con Edison Announces Winning Bidders for NYC Power Plants
Consolidated Edison Company of New York Inc. (Con Edison) announced today that NRG Energy Inc. and KeySpan Energy are the winning bidders for two of its electric generating plants and 36 gas turbines. NRG was the winning bidder for the Arthur Kill bundle, which consists of the 842-megawatt Arthur Kill Generating Station on Staten Island and the 614-megawatt Astoria Gas Turbines in Queens. The price to be paid is $505 million. KeySpan was the winning bidder for the Ravenswood bundle, which ... 
Printer Friendly Version
01/27/99Con Edison Announces Executive Changes
Consolidated Edison Company of New York Inc. (Con Edison) announced today that Horace S. Webb has been named senior vice president and executive assistant to the chairman and Frances A. Resheske was appointed director of public affairs. Both appointments are effective February 1. Webb, 58, has served as Con Edison's senior vice president of public affairs since joining the company in 1992. Before joining Con Edison, he was vice president of communications and public affairs at the Hoechst Cel... 
Printer Friendly Version
01/26/99Consolidated Edison, Inc. Announces Financial Results for 1998
Consolidated Edison, Inc. today (TUESDAY, JANUARY 26, 1999) reported a 3.1 percent increase in earnings per share for 1998. The company also declared a dividend of 53 1/2 cents a share on its common stock payable March 15, 1999 to stockholders of record as of February 17, 1999, an increase of 1/2 cent over the previous quarterly dividend of 53 cents. The company reported net income for common stock of $712.7 million in 1998 or $3.04 a share, compared with $694.5 million or $2.95 a share fo... 
Printer Friendly Version



Print Page Print Page | E-mail Page E-mail Page | RSS Feeds RSS Feeds | E-mail Alerts E-mail Alerts