Back to top

Image: Bigstock

Consolidated Edison, Inc.

Read MoreHide Full Article

Consolidated Edison has a history of favorable rate decisions by regulatory authorities, which will likely encourage it to invest more in infrastructure improvements. Moreover, the company follows a systematic capital investment plan for infrastructure development and reliability projects. Going ahead, the company boasts a robust capital expenditure plan of around $11.1 billion for the 2017–2019 time frame. Consolidated Edison is also investing steadily to enhance its renewable generation assets, to comply with the Clean Power plan. Impressively, Consolidated Edison's share price outperformed the broader industry price's gain over the last one year. However, disruption in wholesale energy markets could affect the company’s ability to meet its customers’ energy needs and thereby adversely affect its performance.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Consolidated Edison Inc (ED) - free report >>

Published in