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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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They then formed the Chicago Edison Company, which took over all of Western Edison's business on July 2, 1887. [4] Chicago Edison's first central generating station, designed by chief engineer Frederick Sargent , opened at 139 (later 120) West Adams Street in August, 1888. [ 5 ]
The sale of the Waterside plant and the three other Con Edison properties was ultimately approved by the PSC in 2004. [38] Work on the ERRP was completed in April 2005, when the new equipment at the East River plant was placed into service and the Waterside plant was decommissioned. [1]
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He started his career as an engineer and management trainee in the operating and customer-service divisions. [ 2 ] McGrath excelled in his employment with Con Edison, moving into management, and becoming responsible for running fossil-fuel and nuclear power plants.
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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]