Latest Con Edison Co. Stories

2008-10-21 12:00:29

With the autumn season upon us and winter quickly approaching, colder days and higher heating costs are on the horizon. Con Edison (NYSE: ED) today urged customers to take several steps to insulate their homes and conserve energy so they can stay warm and help lower heating bills. Con Edison works diligently to provide safe, reliable service for its 1.1 million natural gas customers. In preparation for the winter, the company has invested $300 million this year in its gas delivery system....

2008-09-05 18:00:23

Con Edison set a record yesterday for September peak electricity demand, reaching a high of 11,389 megawatts at 5 p.m., surpassing the previous record of 11,149 megawatts set at 5 p.m. on September 15, 2005. Peak demand is the average maximum amount of power used by customers during a one-hour period. The all-time peak demand for electricity use was 13,141 megawatts set on Wednesday, August 2, 2006, at 5 p.m. In July, the company also set a record for monthly electricity sendout of...

2008-08-01 15:00:48

Con Edison (NYSE: ED) said today that July set a record for monthly electricity sendout of 6,702,321 megawatt hours, surpassing the previous mark of 6,649,832 used during August 2005. Sendout is the cumulative amount of energy distributed over the company's power grid. The July sendout translates to 6.7 billion kilowatt hours. A typical Con Edison customer in New York City uses approximately 350 kilowatt hours a month. This new monthly record represents more than the amount of electricity...

2008-07-21 15:00:56

Con Edison customers nearly set a record for weekend electric use. The company delivered 458,081 megawatt hours of electricity in New York City and Westchester County on July 19 and 20, 2008, catapulting the past weekend into the second highest spot in the record books. The top weekend electric use was set Aug. 13 and 14, 2005, when New Yorkers used 462,575 megawatt hours. In addition, Sunday's peak demand was the second highest for a Sunday as well, reaching 10,619 megawatts at 3 p.m....

2008-07-17 15:00:56

Consolidated Edison Company of New York, Inc. (Con Edison of New York) (NYSE: ED) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable November 1, 2008, to stockholders of record as of October 1, 2008: Preferred Stock Dividend Per Share --------------- ------------------ $5 Cumulative Preferred Stock $1.25 Cumulative Preferred Stock,...

Word of the Day
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.