Con Edison Named ‘Greenest Utility’
Newsweek has released its 2014 Green Rankings for the greenest companies in America and the results are in! Among the top contenders is Consolidated Edison (Con Edison), which ranked an impressive first place for the utility industry and 16th overall. Other honorable mentions in the utility industry are Exelon, Sempra Energy, and PG&E. Rankings were based on a number of factors including energy efficiency, environmental impact, resource use, and efficiency in handling carbon, water, and waste.
Con Edison received the following scores:
Energy Productivity: 46.8%
Carbon Productivity: 52.9%
Water Productivity: 55.1%
Waste Productivity: 77.4%
Newsweek Green Score: 67.8%
“We pursue these practices for the communities we serve, our customers, and our employees,” stated Andrea Schmitz, vice president of Environment, Health, and Safety for Con Edison. “This green ranking is evidence of our commitment to sustainability and that the financial community is paying attention, incorporating sustainability information into its forward investment strategies.”
Con Edison’s green efforts include its energy efficient programs such as Voluntary Time-of-Use which offers discounted rates during off-peak hours, Pay YourWay which allows customers to shop for an energy supplier, and demand response which pays customers to reduce electricity during peak hours.
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