Orange & Rockland Utilities says its operations generated $2.4 billion in total economic activity across its New York and New Jersey service territory in 2025, according to a newly released economic impact study.

The study, conducted by HR&A Advisors, found that O&R’s economic output represented approximately 1% of the gross domestic product across its service area and was more than $400 million, or 33%, higher than in 2024.

O&R also supported an estimated 3,920 jobs during the year, a 9% increase since 2022. The company said 96% of its employees live in New York or New Jersey, while nearly half of its workforce is represented by unions.

“This report shows that our commitment to powering the region goes beyond the grid—it’s an investment in people, jobs, and shared prosperity,” O&R President and CEO Michele O’Connell said.

According to the report, O&R spent $186 million on contracts with businesses in New York and New Jersey, including $70 million with small businesses, more than double the amount reported in 2022.

The utility also reported $23 million in clean-energy and electric-infrastructure improvements benefiting disadvantaged communities, along with another $23 million used to reduce energy bills for approximately 17,000 low-income customers through its Energy Affordability Program.

O&R said it paid $196 million in taxes and fees across New York and New Jersey during 2025, including approximately $101 million in local taxes throughout its service territory. Rockland County received the largest portion at $60 million, followed by Orange County at $37 million, Sullivan County at $1.8 million, Bergen County at approximately $686,000 and Passaic County at approximately $36,000.

The company said it plans to continue investing in grid reliability and infrastructure, job creation, economic development and programs designed to assist vulnerable customers.

Orange & Rockland Utilities, a subsidiary of Consolidated Edison, provides electric service to approximately 300,000 customers in southeastern New York and northern New Jersey, as well as natural gas service to approximately 140,000 customers in New York.