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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]
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The company is a subsidiary of Consolidated Edison, Inc., the largest utility in one of the largest urban metropolitan areas in the world. A native New Yorker, McGrath spent his entire professional career with Con Edison. [1] He has been listed as one of America's Most Powerful People in Forbes magazine.
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]
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