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What does Con Edison's Energy Plan cover?

The rates the Commission sets will cover only Con Edison’s delivery of energy, not the energy itself. Con Edison's plan includes investments in clean energy, updates to customer affordability programs, and designations for IT infrastructure.

What is the Con Edison Energy Commission?

The filing starts an 11-month Commission process that will include public hearings and opportunities for local governments, consumer groups, environmental advocates and others to provide written testimony. The rates the Commission sets will cover only Con Edison’s delivery of energy, not the energy itself.

Why is Con Edison building new electric infrastructure?

To meet the forecasted growth in customer demand from building and transportation electrification and from new development throughout the service territory, Con Edison is building new electric infrastructure.

Should Con Edison invest in infrastructure?

Con Edison is seeking state regulatory approval for infrastructure investments the utility says would help it maintain reliable electric service and continue fortifying its energy systems, as “extreme weather events become more frequent and severe.”

How much money did Con Edison give in 2024?

In 2024, Con Edison provided more than $300 million in bill discounts to those enrolled in the EAP. Additionally, the plan estimates that increasing property taxes on energy infrastructure paid by customers account for nearly 27 percent of the proposed electric revenue increase and about 14.5 percent of the proposed gas revenue increase.

When will Con Edison's New rates come out?

The filing requests new rates for one year starting on January 1, 2026. Con Edison said it is open to a multi-year settlement, which could provide more cost certainty for its customers.