Con Edison Pathway | Electric Utilities

Today, we discuss Con Edison pathway to success. When we think about commercial and domestic electric utilities, and gas, it comes to mind that before the 20th century people used to live in the light oil lamps, but that would be wrong.

The New York Steam company started providing service in lower Manhattan in 1882. Con Edison pathway to operate the largest steam operation in the world, providing its services to nearly 1600 commercial and domestic customers in Manhattan from Battery Park to 96th Street.

Con Edison’s electric utilities business also dates back to 1882 when Thomas Edison’s Edison Illuminating company started providing electricity to its then 59 customers in a square mile area in Lower Manhattan.

After the "war of currents", there were more than 30 companies generating and distributing electric utilities in New York City and Westchester County. But by 1920 there were far fewer, and the New York Edison Company was clearly the leader.

In 1936, electric utilities sales were surpassing gas sales. The company incorporated and changed the name to Consolidated Edison company of New York, Inc. The years that followed brought further amalgamations as Consolidated Edison acquired or merged with more than a dozen companies between 1936 and 1960.

Con Edison pathway is the result of acquisitions, dissolutions and mergers of more than 170 individual electric, gas and steam companies.

Do you use electricity that comes from Con Edison? What others facts are there that you know about this historic big company business? Share with us in the comments below.

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#bigcompanybusiness #consolidatededison #edison #electricity #gas #utilities
00:00 Presentation
00:11 The foundation
00:42 After the foundation
01:14 Electric business
01:48 Name change
02:15 Nuclear power plant
03:04 Billion dollar company
04:15 Renewable energy
04:43 Import power
05:29 Gas system
06:08 Steam production