Consolidated Edison, Inc. · NYSE:ED

Consolidated Edison — Q3 2020 Earnings Presentation

52 slides from Consolidated Edison's earnings presentation, Nov 5, 2020

  1. Slide 1: Third Quarter 2020 Earnings Presentation

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  2. Slide 2: Forward-Looking Statements

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  3. Slide 3: Table of Contents

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  4. Slide 4: Credit ratings and outlooks

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  5. Slide 5: Investment case and strategy

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  6. Slide 6: Dividend and earnings announcements

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  7. Slide 7: 3Q 2020 earnings by company

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  8. Slide 8: Variation in 3Q 2019 EPS to 3Q 2020 EPS

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  9. Slide 9: 3Q 2020 EPS variation by company

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  10. Slide 10: 3Q 2020 EPS reconciliation by company

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  11. Slide 11: Environmental, social and governance resources

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  12. Slide 12: Clean energy future and ESG highlights

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  13. Slide 13: Sustainability rankings and ratings

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  14. Slide 14: COVID-19 financial impacts

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  15. Slide 15: Managing the COVID-19 pandemic

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  16. Slide 16: Electric Delivery Updates and Rate Plans

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  17. Slide 17: Estimated COVID-19 impact on electric deliveries and revenues

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  18. Slide 18: Liquidity update

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  19. Slide 19: Regulatory rate mechanisms

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  20. Slide 20: Supporting the community during the pandemic

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  21. Slide 21: Developments: New York State executive orders

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  22. Slide 22: Developments: rate plan cost deferrals

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  23. Slide 23: Developments: Tropical Storm Isaias

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  24. Slide 24: Developments: climate-related risk disclosure

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  25. Slide 25: 9M 2020 earnings by company

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  26. Slide 26: Variation in 9M 2019 EPS to 9M 2020 EPS

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  27. Slide 27: 9M 2020 EPS variation by company

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  28. Slide 28: 9M 2020 EPS reconciliation by company

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  29. Slide 29: Reconciliation of 12-month ended EPS

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  30. Slide 30: Tax Cuts and Jobs Act update (CECONY)

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  31. Slide 31: Tax Cuts and Jobs Act update (O&R)

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  32. Slide 32: CARES Act update

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  33. Slide 33: Operations and maintenance expenses

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  34. Slide 34: Rate base and regulatory data

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  35. Slide 35: Average rate base projections

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  36. Slide 36: Regulated utilities: return on equity and equity ratios

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  37. Slide 37: Capital expenditures

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  38. Slide 38: Capital expenditures by company

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  39. Slide 39: Financing plan for 2020 and 2021-2022

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  40. Slide 40: Capital structure and credit ratings

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  41. Slide 41: Appendix: Operating Data

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  42. Slide 42: Electric sales and revenues: 3 months

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  43. Slide 43: Steam sales and revenues: 3 months

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  44. Slide 44: Gas sales and revenues: 3 months

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  45. Slide 45: Gas sales and revenues: 9 months

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  46. Slide 46: Gas sales and revenues: breakdown by customer type

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  47. Slide 47: Income statement 3Q 2020

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  48. Slide 48: Income statement 9M 2020

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  49. Slide 49: Statement of cash flows 9M 2020

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  50. Slide 50: Balance sheet as of September 30, 2020

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  51. Slide 51: Rating agency credit ratings and outlooks

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  52. Slide 52: Index to Form 10-Q financial statements and notes

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Consolidated Edison — Q3 2020 Earnings Presentation on 6ix