Consolidated Edison and Terna Rete Elettrica Nazionale Compared

Analysts weigh the pros and cons of these two large utility companies

Mar. 19, 2026 at 8:10am

Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) and Consolidated Edison (NYSE:ED) are both large-cap utility companies, but which one is the better investment? This article compares the two companies based on factors like profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation, and risk.

Why it matters

Utility companies like Consolidated Edison and Terna Rete Elettrica Nazionale play a crucial role in providing essential electricity, gas, and steam services to millions of customers. Understanding how these two major players compare can help investors make informed decisions about where to allocate their capital in the utilities sector.

The details

The analysis finds that Consolidated Edison has higher revenue and earnings than Terna Rete Elettrica Nazionale. Consolidated Edison also has stronger institutional ownership, a higher dividend yield, and a longer track record of dividend growth. On the other hand, Terna Rete Elettrica Nazionale has a lower beta, suggesting its share price is less volatile than the broader market.

  • The analysis is based on recent data as of March 19, 2026.

The players

Terna Rete Elettrica Nazionale

An Italian utility company that provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Consolidated Edison

A New York-based utility company that provides regulated electric, gas, and steam delivery services to customers in New York City, Westchester County, and surrounding areas.

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The takeaway

This analysis highlights Consolidated Edison's stronger financial performance, higher dividends, and lower volatility compared to Terna Rete Elettrica Nazionale, making it the more attractive investment option for many investors in the utilities sector.