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Electricity consumption sets winter record use for Con

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Chase Credit Cards Con Edison customers used record amounts of electricity in New York, shattering the previous weekday winter record set last year. KeySpan and Sunoco were also benefiting from the cold.

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Student Credit Cards January 17, 2004 (AXcess News) New York - Consolidated Edison of New York, Inc. (NYSE: ED) reported Friday that Thursday (January 15) set a record for one-day winter electricity use of 177,528 megawatt hours, shattering the previous weekday winter record set last year. On Wednesday, the utility, which serves 9 million people in New York City and Westchester County, saw a usage of 172,985 megawatt hours, the third highest ever winter's day consumption.

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Capital One Credit Card Cold weather peak load records also were set this week. On Thursday, a new winter record of 8,760 megawatts was set, topping Wednesday's peak demand of 8,611 megawatts. The company also set a winter weekend consumption record on January 10 and 11, when 318,528 megawatt hours were used. That broke the previous record of 300,328 megawatt hours set February 15 and 16, 2003.

Bp Credit Card The company said that the new records are weather-related, as New Yorkers turn up their thermostats and use electric heaters to warm their homes and businesses.

Credit Card Deals With the cold snap that's sweeping across the Eastern seaboard, power companies and natural gas suppliers alike have been announcing record usage of gas and electricity.

Bad Credit Credit Cards KeySpan Corp. (NYSE:KSE), the largest distributor of natural gas in the U.S. Northeast, said on Friday it had broken several records this week for gas supply in the Long Island and New England areas. It said the cold snap had prompted Long Island customers to use about 63% more natural gas than normal at this time of the year.Analysts said that whether the higher usage translates into materially higher profits will depend largely on how long the cold snap lasts.

Credit Card Via Pay Pal Energy producers and refiners may see less of a boost from the cold weather since heating oil forms a smaller part of the overall refinery business than gasoline.Analysts were predicting that while we'll see some upside in heating oil consumption, some of that will be negated by lower gasoline consumption.

Sunoco Credit Card Sunoco Inc. (NYSE:SUN) is one of the suppliers that is expected to benefit from higher heating oil demand. Sunoco, an independent refiner concentrated in the Northeast, earnings have swung sharply in the past because of the weather.

Credit Cards For Bad Credit Con Edison's Net income f for the nine months ended September 30, 2003 was $478 million or $2.18 a share compared with earnings of $528 million, after the cumulative effect of a change in accounting principle, or $2.48 a share for the nine months ended September 30, 2002.

Prepaid Credit Cards Con Edison of New York provides electric service to over 3.1 million customers and gas service to 1.1 million customers in New York City and Westchester County. The company also provides steam service in parts of Manhattan. O&R, along with its regulated utility subsidiaries, provides electric service to over 285,000 customers in southeastern New York and adjacent sections of New Jersey and northeastern Pennsylvania and gas service to over 120,000 customers in southeastern New York and northeastern Pennsylvania.

Bank Of America Credit Card In recent years, utility construction expenditures have increased to meet increased customer demand and reliability needs.

Low Interest Credit Cards Con Edison of New York set new three-month electric delivery records of more than 17 million megawatt hours for the period ending September 30, 2003.. Con Edison of New York also experienced five of its 10 highest electric peak load days during this period. In June 2003, Con Edison of New York experienced a new all-time electric peak load for that month.

Credit Card Rates Shares of Consolidated Edison of New York, Inc. closed Friday at $42.84, down $0.01 or 0.02%, on volume of 508,800 shares. Average volume was reported to be 775,437 shares. The 52-week trading range was $36.55 to $44.26.

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