COVID Stimulus Watch Individual Entry

Recipient Company:

CONSOLIDATED EDISON INC

Loan or Loan Guarantee Amount:

$2,029,073

Recipient Details

Ownership Structure: publicly traded (ticker symbol ED)

Award Date: Jul 10, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: Consolidated Edison

Headquartered in: New York

Parent Sector: utilities and power generation

Parent Industry: utilities

Employees (prior to pandemic): 14,890

Employment-related Penalties: $3,805,500

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $153,456,900

Consumer Protection / Financial / Competition-related Penalties: $93,354,500

Ratio of CEO Pay to that of Median Worker: 71 to 1

CEO Compensation: $15,345,285

Worker Median Pay: $215,556

Total Federal, State, and Local Subsidies: $242,701,557

Federal Corporate Income Tax Rate: 0.2%