Company Profile For Consolidated Edison, Inc.

Consolidated Edison, Inc. (Con Edison) is the holding company of Consolidated Edison Company of New York, Inc. (Con Edison of New York), and Orange and Rockland Utilities, Inc. (O&R), both of which are regulated utilities. Con Edison’s principal business segments are Con Edison of New York’s regulated electric, gas and steam utility segments, O&R’s regulated electric and gas utility segments and Con Edison’s competitive energy businesses. Con Edison of New York provides electric service in all of New York City (except part of Queens) and Westchester County, an approximately 660 square mile service area with a population of more than nine million. O&R, along with its wholly owned utility subsidiaries, Rockland Electric Company (RECO) and Pike County Light & Power Company (Pike), provide electric service in southeastern New York and in adjacent areas of northern New Jersey and eastern Pennsylvania, an approximately 1,350 square mile service area.

BRIEF: For the nine months ended 30 September 2009, Consolidated Edison, Inc.'s revenues decreased 8% to $9.76B. Net income from continuing operations applic. to Common decreased 13% to $666M. Revenues reflect a decrease in income from Electric and Non-utility Segments. Net income also reflects an increase in other operating & maintenance expenses, increased depreciation & amortization expense and higher interest on long term debt.