DG Matrix vs Consolidated Edison
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $60M Series A (Feb 2026) led by Engine Ventures with ABB, Chevron Technology Ventures, Clean Energy Ventures. Interport device: 2.4 MW power router for data centers. Exowatt partnership.
About
DG Matrix builds the Interport — a 2.4-megawatt power router for data centers that replaces multiple discrete power conversion devices (UPS systems, transformers, switchgear) with a single intelligent power management unit. The company raised $60 million in Series A financing in February 2026, led by Engine Ventures with ABB Ventures, Chevron Technology Ventures, and Clean Energy Ventures as strategic co-investors. DG Matrix has partnered with Exowatt for solar-plus-storage container deployments that integrate Interport for hybrid site power management.
New York City regulated utility (NYSE: ED) at $1,868M adjusted earnings (+6%); CECONY serves 3.6M electric/1.1M gas customers in NYC metro, Clean Energy Businesses sold $6.8B (2023), Manhattan grid electrification capex.
About
Consolidated Edison, Inc. is a New York City, New York-based regulated electric, gas, and steam utility holding company — publicly traded on the New York Stock Exchange (NYSE: ED) as an S&P 500 Utilities component — delivering electricity to approximately 3.6 million customers, natural gas to approximately 1.1 million customers, and steam to commercial and residential customers in Manhattan through two regulated utility subsidiaries: Consolidated Edison Company of New York (CECONY, serving New York City and Westchester County) and Orange and Rockland Utilities (serving counties in southern New York and northern New Jersey), through approximately 15,000 employees. In fiscal year 2024, Consolidated Edison reported adjusted earnings of $1,868 million ($5.40 per share), up from $1,762 million ($5.07 per share) in 2023 (+6%), demonstrating steady rate-base-driven earnings growth. GAAP net income was $1,820 million ($5.26/share) in 2024 versus $2,519 million ($7.25/share) in 2023, with the prior year's higher GAAP income reflecting the substantial gain from the $6.8 billion sale of Con Edison Clean Energy Businesses (its non-regulated renewable energy subsidiary) to RWE in 2023 — proceeds that Con Edison is deploying to reduce debt and fund its regulated infrastructure investment program. CEO Timothy Cawley leads the company's strategy of investing in Manhattan's grid infrastructure for reliability and electrification — particularly EV charging infrastructure, building electrification (replacing gas appliances with electric), and transmission upgrades for offshore wind power integration into the New York City grid.
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