Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

November 25, 2015 8:30 AM ET


Company Overview of New York State Electric & Gas Corporation

Company Overview

New York State Electric & Gas Corporation engages in the regulated transmission and distribution of electricity in the United States. It also transports, stores, and distributes natural gas. In addition, the company generates electricity from hydroelectric stations. It serves approximately 883,000 electricity and 264,000 natural gas customers in its service territory of approximately 20,000 square miles located in the central, eastern, and western parts of the state of New York. New York State Electric & Gas Corporation was formerly known as New York Electric Corporation and changed its name to New York State Electric & Gas Corporation in August 1929. The company was founded in 1852 and is b...

18 Link Drive

Binghamton, NY 13904

United States

Founded in 1852

Key Executives for New York State Electric & Gas Corporation

Director, Chairman of Energy East Corporation, Chief Executive Officer of Energy East Corporation, President of Energy East Corporation and Director of Energy East Corporation
Age: 70
Chief Executive of Iberdrola Usa
Age: 53
President of Independent Power Producers
Vice President, Treasurer and Controller
Compensation as of Fiscal Year 2015.

New York State Electric & Gas Corporation Key Developments

New York State Electric & Gas Corporation to Pay $2 Million in a Settlement with New York State Public Service Commission

The New York State Public Service Commission (Commission) announced that New York State Electric & Gas Corporation shareholders would pay $2 million in a settlement due to the company's failure to comply with rules requiring it to obtain Commission approval prior to expanding its service territory. The agreement calls for NYSEG customers in the Town of Plattsburgh and seven nearby municipalities to receive substantial rebates upon the installation of high-efficiency natural gas furnaces. Under the Public Service Law, a utility must seek and receive approvals before serving any area outside of its authorized service area. On July 29, 2014, NYSEG received authority to serve the entire Town of Plattsburgh. The settlement resolves a dispute where the company had extended service to customers in the area before such authorization. The $2 million settlement is in lieu of the Commission initiating a civil proceeding.

Similar Private Companies By Industry

Company Name Region
PRIME BioShield LLC United States
Liberty Utilities Co. United States
Fayetteville Public Utilities United States
Integrys Holding, Inc. United States
DTE Energy Trust II United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact New York State Electric & Gas Corporation, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at