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August 25, 2024

Consolidated Edison (Con Ed)

REV Proposals Seek to Increase Conservation
New York utilities have filed 15 demonstration projects for consideration under the state’s Reforming the Energy Vision initiative.
Con Ed Rates Fixed for Another Year
Con Ed and the New York Public Service Commission reached a settlement that keeps distribution rates stable through 2016.
Demand Response for All Coming to New York
Expanded retail-level demand response programs will take effect as soon as July 1 in targeted areas of upstate New York.
Con Ed Rebuffed Again on NJ Cost Allocation Dispute
FERC again rejected Con Ed's request that it force PJM to recalculate the cost allocation for two transmission upgrades in northern New Jersey.
Former Soviet Spy Worked Undetected at NYISO, ConEd, NRG
A former Soviet spy who lived in the U.S. for more than 35 years under an assumed identity has been working since 2011 for NYISO.
Divided FERC Trims ROE on NY Tx Projects, Orders Hearing
Five transmission projects intended to serve New York City and respond to a potential nuclear plant closure suffered setbacks as a divided FERC rejected the developers’ cost allocation proposals and reduced their requested returns on equity.
FERC Upholds Most of New York City Market Power Order
FERC last week left intact most of its 2010 order meant to mitigate market power in the installed capacity market in New York City.
New York PSC Bars Utility Ownership of Distributed Energy Resources
The overhaul of the electric industry in New York, Reforming the Energy Vision, will largely bar utility ownership of distributed energy resources.
ConEd Operations Best Q4 Estimate; Earnings Down for the Year
ConEd reported lower fourth-quarter earnings for 2014, but its $0.58/share showing for ongoing operations beat analysts’ consensus by 2 cents.
New York Doubles Solar Net Metering Cap to 6%
New York regulators have doubled the cap on the amount of solar energy the state’s utilities are required to purchase under its net metering program.

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