Consolidated Edison, Inc. (ED) Stock Rating & Analysis

Con Ed is a holding company for Consolidated Edison of New York (CECONY) and Orange & Rockland (O&R). These utilities supply steam, natural gas, and electricity to customers in southeastern New York, including New York City, and small parts of New Jersey. Following the 2023 sale of its clean energy business to RWE, the two utilities generate nearly all of Con Ed's earnings.