ED

Consolidated Edison Inc. is an investor‑owned utility that delivers electricity, natural gas and district steam to residential, commercial and industrial customers primarily in New York City and Westchester County, with additional electric and gas service in parts of New Jersey through its Orange and Rockland subsidiary. It operates in the regulated utility sector, holding exclusive franchise rights approved by state public service commissions, which creates a natural‑monopoly business model that provides stable, rate‑approved revenue streams. The company also develops renewable‑energy projects and modernizes its grid and infrastructure to meet evolving sustainability and reliability goals, positioning it as a leading, mature player in the U.S. electric and gas utility industry.