Difference between Con Edison and National Grid
Two of the more prominent electricity providers in the country are Con Edison and the National Grid. Responsible for providing electricity as well as a host of other services to millions of households across the United States, these two impressive companies are the subjects of this comparison article.
Con Edison or Consolidated Edison is based in the United States, and is one of the largest investor-owned energy companies in the country. At present, the company has more than $14 billion in yearly revenues and assets totaling more than $33 billion. Con Edison provides a variety of energy-related products and services through its various subsidiaries.
The National Grid is an energy transmission network that is based in the United Kingdom, although it provides energy related products and service in the United States through its United States subsidiary.
Among Con Edison’s subsidiaries are Consolidated Edison Company of New York, Inc., Orange and Rockland Utilities, Inc., Con Edison Solutions, Con Edison Energy, and Con Edison Development.
National Grid for its part has numerous subsidiaries in the United Kingdom and in the United States.
Con Edison’s electrical transmission system has voltages measured at 138,000 volts, 345,000 volts and 500,000 volts. The company currently has facilities that allow it to provide electricity to New York via the Canadian firm Hydro-Québec. The company also has connections with Public Service Electric and Gas in New Jersey and the Long Island based LIPA. Con Edison distributes electricity at voltages of 33,000; 27,000 and 13,800 volts.
In addition to electricity, Con Edison also provides gas to customers by way of its extensive gas system that is comprised of almost 7,200 miles of pipeline. It is estimated that the company’s gas output every year is enough to fill the Empire State Building more than 6,000 times over.
In addition to gas and electricity, Con Edison also produces steam for hundreds of buildings in New York City. Among the buildings that Con Edison provides steam to are the United Nations complex, the Empire State Building, and the Metropolitan Museum of Art.
As for the National Grid, it currently provides electricity and natural gas to homes and businesses in parts of Massachusetts, New Hampshire, New York, Rhode Island and Vermont. The company provides these services to more than 3.3 million electricity customers and 3.4 million natural gas customers.
Similarities and Differences
- One of the largest investor-owned energy companies in the country
- Has more than $14 billion in yearly revenues
- Has assets totaling more than $33 billion
- Electrical transmission system has voltages measured at 138,000 volts, 345,000 volts and 500,000 volts
- Based in the United Kingdom
- Provides energy related products and service in the United States through its United States subsidiary
- Provides electricity to 3.3 million customers and natural gas to 3.4 million customers