Consolidated Edison Solutions, Inc. · White Plains, NY United States
Company Description
Phone: 914-286-7000
Fax: 914-448-0057
View Consolidated Edison Solutions, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window Consolidated Edison Solutions (ConEdison Solutions) works to solve the energy supply needs of retail residential, business, and government customers in the Northeast. The company markets electricity and natural gas as an alternative supplier for homes and businesses in deregulated utility markets. It also provides energy procurement and management services and efficiency program consulting. ConEdison Solutions, a subsidiary of utility giant Consolidated Edison , has offices in New York, Massachusetts, New Jersey, Virginia, Texas, and Florida. It partners with government entities to help them meet national policy objectives, energy efficiency, and security objectives. The company had 48,300 customers in 2007. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Consolidated Edison Solutions, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,369.1 |
| Employees | 119 |
Consolidated Edison Solutions, Inc. Executives
7 executives listed for Consolidated Edison Solutions, Inc.'s White Plains, NY location.
| Title | Name & Bio | Contact |
| President and CEO | Jorge Lopez | Network |
| VP Customer Operations | Thomas Ringwald | Network |
| VP Energy Services | James Dixon | Network |
Competition
Competitive Landscape for Consolidated Edison Solutions, Inc.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Consolidated Edison Solutions, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!