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6.78656260605316E-05 -0.000407193756362225 -0.000475059382422757 -0.00169664065151001 -0.000610790634543434 -0.00196810315575156 0.00156090939938933 0.000339328130302079
Stock impact report

Con Edison CEO: Smart Meters, Technology and Renewables Will Improve Service to Customers

Consolidated Edison, Inc. (ED) 
Last consolidated edison, inc. earnings: 2/20 04:55 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, May 21, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc., (Con Edison) (NYSE:ED) Chairman and CEO John McAvoy told a shareholder audience that smart meters, technology investments, and increased integration of renewables will improve service to customers and enhance the company’s long-term sustainability. While discussing Con Edison Company of New York and Orange & Rockland Utilities, the corporation’s two regulated utilities, McAvoy said smart meters that allow customers to monitor their energy usage in near real time, technology, and mobile apps are making it easier for customers to manage energy use. Smart meter installations, now in the second year of the company’s rollout, will be completed in 2022. “Our company’s performance continues to be strong and we have encouraging growth and development opportunities as we look ahead,” said McAvoy. “Over the next three years, we expect to be investing over $9.5 billion in our systems. Much of that investment is focused Show less Read more
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