Will someone please explain my ConEd bill?

See you in the New Year.  Happy holidays! 

One of my favorite posts.

Consolidated Edison is a profit-making business.

It paid $2.38 in cash dividends per share last year and declared a 60-cent per share quarterly dividend two weeks ago.

Those dividends resulted from $13 billion in annual revenues and $36 billion in assets. Yesterday, Con Ed closed at $56.11, pretty close to its 12-month high approaching $57.

I got to wondering about such things after

I actually read the back of my monthly electric bill for the first time. The breakdown of my charges that the utility provided initially puzzled and then began to annoy me.

For example, Continue reading

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Will someone please explain my Con Ed bill?

Plea on Con Ed's site

Consolidated Edison is a profit-making business.

It paid $2.38 in cash dividends per share last year and declared a 60-cent per share quarterly dividend two weeks ago.

Those dividends resulted from $13 billion in annual revenues and $36 billion in assets.  Yesterday, Con Ed closed at $56.11, pretty close to its 12-month high approaching $57.

I got to wondering about such things after Continue reading

Allow me, for one, to sing Con Edison’s praises

As I write this post, I am listening to the sounds of hammering, chainsawing and the racket caused by cutting into the street.

It is music to my ears.

I conduct my real estate business from my home office, sitting at desk by the window that is just above the heads of passersby.  I happen to love this arrangement because I feel part of the world while being apart, enjoying the changes in the weather and the sight of tulips I helped plant in the tree boxes outside my apartment on Manhattan’s Upper West Side.

While working the other day, Continue reading