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Consolidated Edison acquired or merged with more than a dozen companies between 1936 and 1960. Con Edison today is the result of acquisitions, dissolutions, and mergers of more than 170 individual electric, gas, and steam companies. Consolidated Edison acquired land on the Hudson River in Buchanan, NY, in 1954 for the Indian Point nuclear power ...
Hundreds of thousands of New Yorkers hit by surging Con Edison bills are struggling to pay. As CBS2's Christina Fan reports, the hike is leading to renewed calls for an investigation.
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Con Edison sued New York City, and the office of Mayor Bill de Blasio rejected the NTSB's finding of fault on the city's part, saying that the effects of sewer leakage was "localized" and did not cause the gas pipes to break. [24] The utility's suit, filed in June 2015, blamed the gas explosion on neglect by the city.
The earliest predecessor of Commonwealth Edison was the Isolated Lighting Company, established in early 1881 by George H. Bliss as a subsidiary of Thomas Edison's company to sell small Edison-patented generators and lighting systems, each serving one building or several nearby buildings.
Articles related to Consolidated Edison (1823-), one of the largest investor-owned energy companies in the United States, with approximately $12 billion in annual revenues as of 2017, and over $62 billion in assets.
The Rocky River Power Company, formed in 1905 by J. Henry Roraback, became the Connecticut Light and Power Company in 1917. [11] Eversource predecessor Northeast Utilities (NU) was formed on July 1, 1966, under CEO Lelan Sillin, with the merger of the Connecticut Light and Power Company (CL&P, formed in 1917), Western Massachusetts Electric Company (WMECO, formed in 1886), and the Hartford ...
The New York Edison Company became Consolidated Edison in 1936. [14] In 1937, advances in technology allowed steam that had passed through the turbines to be subsequently distributed to customers, making Waterside an early plant to use cogeneration. [7] The combined capacity of Waterside No. 1 and Waterside No. 2 was over 370 MW in 1940. [6]