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ED meaning in Business ?

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Answer: What is Consolidated Edison, Inc. mean?

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. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:

Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric and gas service in New York City and Westchester County, New York, and steam service in the borough of Manhattan;Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile (3,400 km2) area in southeastern New York and northern New Jersey;Con Edison Solutions, an energy services company;Con Edison Energy, a wholesale energy services company;Con Edison Development, a company that owns and operates renewable and energy infrastructure projects, and,Con Edison Transmission, Inc., which invests in electric and natural gas transmission projects.

In 2015, electric revenues accounted for 70.35% of consolidated sales (70.55% in 2014); gas revenues 13.61% (14.96% in 2014); steam revenues 5.01% (4.86% in 2014); and non-utility revenues of 11.02% (9.63% in 2014).

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