Consolidated Edison Inc.
CECONY Proposes New Electric and Gas Rates for 2026-2028
Summary
On November 5, 2025, Consolidated Edison Company of New York, Inc. (CECONY) proposed new electric and gas rates for the period January 2026 through December 2028. The proposal includes base rate changes, capital expenditures, and various reconciliation mechanisms. It is subject to approval by the New York State Public Service Commission (NYSPSC). The proposal aims to adjust for service reliability, safety, and other performance targets, with potential earnings adjustments for energy efficiency. New rates will be effective as of January 1, 2026, pending NYSPSC approval.
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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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