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Residential clean energy platform simplifying solar, battery storage, and home electrification upgrades for homeowners;
Treehouse Energy is a residential clean energy company focused on simplifying the process of adopting solar panels, battery storage, and home electrification upgrades for homeowners. The company acts as an integrated energy platform that handles product selection, contractor coordination, permitting, installation, and ongoing system monitoring through a single streamlined customer experience. Treehouse targets the significant friction that has historically slowed residential clean energy adoption, including confusing contractor quotes, opaque pricing, and disconnected installation processes. The company works with a network of vetted installation partners and provides homeowners with a clear picture of expected savings and payback periods before committing. Treehouse also helps customers navigate available federal, state, and utility incentives including IRA tax credits and utility rebates that can dramatically reduce the net cost of home energy upgrades. As electricity prices rise and clean energy incentives expand, the residential market for integrated solar and storage solutions represents a major growth opportunity for platforms that simplify the customer journey.
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.
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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