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Con Ed plant on the East River at 15th Street in Manhattan, New York City. Consolidated Edison, Inc., commonly known as Con Edison (stylized as conEdison) or ConEd, is 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. [3]
In February 2017, Con Edison agreed to pay $153 million to settle the PSC charges. It was described by New York governor Andrew Cuomo as the largest payment for a gas safety incident in the state's history. The settlement will largely go to gas safety education, repairs of pipes prone to gas leaks, and costs incurred by residents and businesses ...
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In August 1950, New York City Mayor William O'Dwyer wrote to President Harry S. Truman asking if Con Edison's share of natural gas that would be carried in the Transcontinental Gas Pipeline (Transco) could be increased so that the Waterside plant could be converted from coal to natural gas to use a smokeless fuel, but the President turned down ...
The New York Steam Company began providing service in lower Manhattan on March 3, 1882. [2] The company merged with Consolidated Edison on March 8, 1954. [ 2 ] [ 3 ] Today, Con Edison operates the largest commercial steam system in the world (larger than the next nine combined). [ 4 ]
The utility giant is asking the state's utilities regulator to jack up average electric bills by 11.4% and send gas bills soaring 13.3%.
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The building also contains a 6,500-square-foot (600 m 2) private library for Con Edison, which has existed at the same site since 1906 and had 35,000 books and 380 periodicals by the 1980s. [ 79 ] Although the western and eastern sections of the building on 15th Street were built as 19-story structures, the center portion was originally only 12 ...