Harvest Thermal vs Consolidated Edison
Side-by-side comparison of AI visibility scores, market position, and capabilities
Harvest Thermal makes a smart home heating and cooling system that stores thermal energy during cheap overnight hours and uses it during the day, cutting bills and carbon.
About
Harvest Thermal is a home energy technology company founded in 2019 that makes the Pod, a smart thermal storage system that replaces or augments conventional water heaters and home heating equipment. The Pod stores thermal energy during cheap overnight electricity hours by heating or chilling a water tank, then uses that stored energy for home heating, cooling, and hot water throughout the day, reducing reliance on expensive peak-time electricity. The system integrates with time-of-use electricity rates and renewable energy programs to automatically optimize when it charges, helping homeowners minimize bills while maximizing consumption of low-carbon electricity. Harvest Thermal targets homes transitioning to heat pumps and all-electric operations, where intelligent thermal storage can dramatically reduce operating costs by avoiding expensive on-peak electricity. The company raised $18M and is working with utility partners to deploy the Pod as a grid-interactive asset that utilities can manage to reduce peak demand. Harvest Thermal represents an accessible and cost-effective path to home energy storage that complements or replaces electrochemical battery systems.
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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