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Con Edison Reports 2019 First Quarter Earnings

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05/23/19Renewables, Energy Efficiency Gains, Core System Upgrades Highlight Con Edison 2018 Sustainability Report 
NEW YORK, May 23, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc.’s (Con Edison) [NYSE: ED] 2018 Sustainability Report (https://bit.ly/2w2lJOq) noted that the New York-based energy company acquired solar and wind projects worth $2.1 billion through its Clean Energy Businesses subsidiary last year, making the corporation the second largest solar producer in North America. “When it comes to a cleaner, more efficient future, Con Edison is delivering for our customers and the planet,” said J... 
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05/23/19Con Edison Forecasts Lower Summer Bills; Customers Can Save Even More with Energy Efficiency Upgrades
Company Invests $1.5 Billion in System Upgrades for Hot Season NEW YORK, May 23, 2019 (GLOBE NEWSWIRE) -- Con Edison is forecasting lower bills for residential customers during this summer season, compared to last year, as the energy company invests more than $1.5 billion in its overhead and underground electric delivery systems to meet usage demands on peak hot days. A typical New York City residential customer using 350 kilowatt hours per month can expect a 6.5-percent decrease from $102... 
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05/20/19Con Edison Chief Touts Safety, Innovation, Customer Digital Experience, and Solar Growth
NEW YORK, May 20, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) [NYSE: ED] Chairman and CEO John McAvoy told a shareholder-annual meeting audience that safety, incorporating new technology, working to provide an outstanding customer experience, and investing in renewables are priorities for the New York-based energy company. “The safety of our customers and our employees is our number one priority,” McAvoy told shareholders. “The company has developed and started installin... 
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05/13/19Con Edison Chairman & CEO John McAvoy to Present at 2019 AGA Financial Forum on May 22
NEW YORK, May 13, 2019 (GLOBE NEWSWIRE) -- John McAvoy, chairman and chief executive officer of Consolidated Edison, Inc. (NYSE:ED), will present an overview of the company at the 2019 American Gas Association Financial Forum on Wednesday, May 22 at 1:45 p.m. (Eastern Time). A live audio webcast and replay of the presentation will be available at http://wsw.com/webcast/aga19/ed/. The link will also be posted at the Con Edison Investor Relations website at http://investor.conedison.com/phoen... 
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05/07/19Con Edison Announces Common Share Offering
NEW YORK, May 07, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced the offering of 5,800,000 of its common shares. In connection with the forward sale agreement described below, the forward counterparty (as defined below) has agreed to borrow from third parties and sell such shares to Wells Fargo Securities, LLC, which is acting as the underwriter in connection with this offering. The underwriter may offer the common shares in transactions on the New Y... 
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05/02/19Con Edison Reports 2019 First Quarter Earnings
NEW YORK, May 02, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported first quarter net income for common stock of $424 million or $1.31 a share compared with $428 million or $1.38 a share in 2018. Adjusted earnings were $448 million or $1.39 a share in 2019 compared with $428 million or $1.38 a share in 2018. Adjusted earnings in the 2019 period exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments in c... 
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04/18/19Con Edison Declares Common Stock Dividend
NEW YORK, April 18, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 74 cents a share on its common stock, payable June 17, 2019 to stockholders of record as of May 15, 2019. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $54 billion in assets. The company provides a wide range of energy-related products and services to its cust... 
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04/16/19Con Edison to Report 1st Quarter 2019 Earnings on May 2nd
NEW YORK, April 16, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) [NYSE: ED] plans to report its 1st Quarter 2019 earnings on May 2, 2019 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $54 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidate... 
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03/06/19Five Con Edison Employees Win Industry Awards for Research
NEW YORK, March 06, 2019 (GLOBE NEWSWIRE) -- Five Con Edison researchers have won prestigious recognition for findings that improve manhole safety and the maintenance of substation equipment. Con Edison workers test a latched manhole cover. The cover has a hinge on one side and latch on the other to allow heat and gases to escape without... 
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02/21/19Con Edison Reports 2018 Earnings
NEW YORK, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2018 net income of $1,382 million or $4.43 a share compared with $1,525 million or $4.97 a share in 2017. Adjusted earnings were $1,349 million or $4.33 a share in 2018 compared with $1,264 million or $4.12 a share in 2017. Adjusted earnings for 2018 exclude the income tax expense resulting from a re-measurement of the company's deferred tax assets and liabilities following the issuance... 
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01/31/19Con Edison Proposes Investments to Boost Energy Efficiency, Reliability, Public Safety
Seeks Approval to Continue Building a Clean Future for New Yorkers NEW YORK, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Con Edison today sought approval for new electric and gas delivery rates in 2020 to fund infrastructure and other investments that would give customers more convenient access to clean, energy-saving products; enhance safety and reliability; and make it easier for customers to get information about their usage and service. The proposal, subject to a public rate review by the New Yo... 
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01/30/19Con Edison to Report 2018 Earnings on February 21
NEW YORK, Jan. 30, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2018 earnings on February 21, 2019 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $50 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison... 
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01/17/19Con Edison Declares Common Stock Dividend
NEW YORK, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 74 cents a share on its common stock, payable March 15, 2019 to stockholders of record as of February 13, 2019, an annualized increase of 10 cents over the previous annualized dividend of $2.86 a share. “The increase in the dividend, the 45th consecutive annual increase for stockholders, reflects our continued emphasis on providing a return to our investors while me... 
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