All six Con Edison, Inc. companies share a dedication to outstanding, reliable service for customers while meeting the challenges of a fast-paced, changing market. To best meet these challenges, our employees, retirees, offices, vendors, and assets are in nearly every state. As the nation’s fifth-leading solar producer, we have solar facilities coast to coast, from Massachusetts to California.
Reduced employee injuries by over 60 percent since 2009. We are also developing the first-ever residential methane detector to better protect customers from natural gas leaks.
Reduced our carbon footprint (carbon dioxide, methane and sulfur hexafluoride) by 48 percent since 2005. This is equal to taking 500,000 cars off the road.
Converted more than 5,200 large New York City buildings from oil to cleaner natural gas—the equivalent of taking 1.2 million cars off NYC streets.
Yearly earnings were the highest in company history and we also increased our dividends for the 42nd consecutive year.
Completed a four-year, $1 billion multi-year investment to ensure that our energy systems are resilient during major storms.
Doubled our purchases of green products, with close to $7 million of expenditures.
Invested $1.8 billion in renewable-resource projects in 2015 and 2016, with renewables in 13 states. Fifth-largest solar producer in America.
Investing $1.4 billion in smart-meter technology, the largest capital investment in Con Edison’s 193-year history, allowing us to make faster repairs during power outages.
Invested $10 million in nonprofits and promoted educational programs in science, technology, engineering, and math. Our employees donated 8,400 hours to company-sponsored volunteer initiatives.
Con Edison, Inc. (CEI) is one of the nation’s largest investor-owned energy companies, with over $12 billion in annual revenues and more than $44 billion in assets. The principal business segments of Con Edison, Inc. are Consolidated Edison Company of New York, Inc. with regulated electric, gas, and steam utility activities.learn more
All six Con Edison, Inc. companies share a dedication to outstanding, reliable service for customers while meeting the challenges of a fast-paced, changing market. To best meet these challenges, our employees, retirees, offices, vendors and assets are in nearly every state. As the nation’s fifth-leading solar producer, we have solar facilities coast to coast, from Massachusetts to California. We expanded our reach in the Midwest with new wind projects in Nebraska and South Dakota. For almost 200 years, we have served the world’s most dynamic and demanding city with electric, gas and steam. Our current broad reach is supportive of our sustainability strategy – a commitment to environmental excellence – and the smart, long-term investments that keep our company strong and ready for new opportunities.
Con Edison has been committed to the concepts of sustainability for over two decades – we have learned from our challenges and are proud of our successes. We recognize that sustainability is a journey, and while we have achieved much, we continue to look for ways to improve and meet the needs of our stakeholders.Timeline
EPA'S GAS STAR PROGRAM: As a part of our commitment to reduce greenhouse gas emissions, Con Edison becomes one of the first American gas distribution utility companies to voluntarily join the EPA’s Gas STAR Program to reduce fugitive methane emissions.
1989 GRAMERCY PARK STEAM EXPLOSION: Con Edison pleads guilty to conspiracy and environmental-law violations for failing to tell authorities of asbestos release as a result of the 1989 Gramercy Park Steam explosion. The company is convicted as a criminal and sentenced to three years probation under a federal court monitor.
EPA WASTEWISE: Con Edison voluntarily joins more than 800 businesses and state and local governments to participate in the federal EPA WasteWise program to reduce municipal solid waste.
ARTHUR KILL FIRE: A fire at the Arthur Kill generating station exposes more than 250 emergency workers to PCBs. Con Edison does not immediately disclose their risk of exposure. The company later settles the rescuers’ lawsuit for $2 million.
Commitment to reduce SF6 fugitive: Continuing the commitment to reducing greenhouse gas emissions, CECONY commits to its first SF6 reduction goal, a 5% reduction from a 1996 baseline (and have since reduced our SF6 emissions over 90%) as a founding member of the SF6 Emissions Reduction Partnership for Electric Power Systems.
U.S. Coast Guard William N. Benkert award: Con Edison honored by the U.S. Coast Guard with the William M. Benkert Award for Excellence in Marine Environmental Protection. This is the Coast Guard’s most prestigious environmental protection award and presented in recognition of the company’s outstanding achievements extending far beyond compliance with industrial and regulatory standards.
September 11th: Con Edison requires all responding employees to wear respirators. As a result, zero work-related illnesses are reported among company responders.
Energy Company of the Year: Con Edison is named Energy Company of the Year at the Global Energy Awards sponsored by Platts/Business Week. Criteria for the award are overall excellence in safety, the delivery of energy, customer care, technological innovation, and environmental concern.
Climate Change Partnership: Explores prospective private-sector actions to address climate change with the World Resources Institute.EH&S Annual report
Committing to Eliminate Stray Voltage: An energized service box electrocutes a 30 year old woman. Con Edison develops an inspection and repair program aimed at eliminating contact (stray) voltage and improving public safety.
East River Repowering Project: Con Edison declares full commercial operation of its East River Repowering Project with two state-of-the-art, natural-gas-fired steam generators which began providing steam for the company’s district steam system, and supplying electricity to New York’s grid. The two newly installed steam-electric generators have up-to-date emission-control technology and burn natural gas exclusively, making the East River station one of the cleanest combustion facilities in New York.
Diversity.inc: Con Edison ranked second in Diversity.Inc magazine’s 2006 “Top 50 Companies for Diversity."
Lexington Ave. Steam Main Rupture: A 24-inch steam main ruptures in midtown, opening a 35-foot wide crater in the middle of Lexington Ave. and injuring 45 people. Con Edison immediately declares the area an asbestos-containment zone and takes all appropriate precautions, demonstrating our lessons learned from the Gramercy Park and Arthur Kill events.
Sustainability Strategy and Communication: Sustainability Strategy first established and first Sustainability Report published.
Regional Greenhouse Gas Initiative (RGGI): CECONY begins participation in first RGGI compliance period.
Pilesgrove, NJ Solar Farm: Con Edison Developments’ 20-Megawatt installation in Pilesgrove, NJ, one of the largest in the country, ground-breaking is announced
2020 GHG Emission Goal Achieved: Exceeded our 2020 goal to reduce GHG Emissions 40%.
Superstorm Sandy: Superstorm Sandy hits North East region and is the worst natural disaster to strike Con Edison’s customers in the company’s history. Sandy caused five times as many outages as the next-largest storm, totaling 1.1 million customer outages. Within 12 days, the company had restored service to 98 percent of the customers affected by the storm. As a result of
Superstorm Sandy, and in acknowledgement of the influences of Climate Change, the company has committed $1B in storm hardening activities to improve grid resiliency from future storms.
Gas Addition Projects Complete: Gas additions to two steam plants significantly reduce the CECONY fleet’s use of oil as a primary fuel, resulting in an average reduction of 150,000 short tons of CO2 emissions annually.
East Harlem Gas Explosion:An explosion involving natural gas leveled two buildings in East Harlem and eight lives were tragically lost. We have increased gas safety patrols to help identify leaks sooner and prevent accidents. To better educate the public about gas leaks, Con Edison has created an online gas map and enhanced communications about the importance of reporting the smell of gas.
Advanced Metering Infrastructure: We are meeting customer demand for choice, convenience, and control through our Advanced Metering Infrastructure initiative. This smart meter technology will reduce operating costs and improve customer service. Over the next five years, we will invest
$1.3 billion to install smart meters and advanced communication systems throughout New York City, and Westchester, Orange, and Rockland counties. It’s the biggest capital improvement project in our history.