Consolidated Edison Inc.
Consolidated Edison and O&R Submit Joint Rate Proposal to NYSPSC
Summary
In November 2024, Consolidated Edison, Inc.'s subsidiary Orange and Rockland Utilities, Inc. (O&R), along with the New York State Department of Public Service (NYSDPS) and other parties, submitted a joint proposal for new electric and gas rate plans for the three-year period from January 2025 to December 2027. The proposal includes various financial adjustments and targets for both electric and gas services, pending approval by the New York State Public Service Commission (NYSPSC).
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About Consolidated Edison Inc.
Consolidated Edison Inc. is a prominent utility company responsible for the delivery of energy services in the northeastern United States. Its primary function is the transmission of electricity and natural gas, as well as steam service, primarily serving the densely populated New York metropolitan area. Notably, it operates through its principal subsidiaries such as Consolidated Edison Company of New York, Inc. and Orange and Rockland Utilities, Inc., ensuring reliable energy provisions to millions of residents and businesses. The company is a key player in the energy sector, influencing regional economic activities and supporting essential services through its infrastructure. Consolidated Edison also focuses on advancements in renewable energy initiatives, playing an integral part in regional efforts to transition to sustainable energy solutions. Its prominence in delivering consistent energy supplies makes it a critical component in the market, directly impacting energy policy and regional economic stability.
Official SEC Documents
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