Consolidated Edison (Con Ed)
Con Ed, Dominion, Duke and Entergy released their second-quarter earnings last week.
New York utilities have filed 15 demonstration projects for consideration under the state’s Reforming the Energy Vision initiative.
Con Ed and the New York Public Service Commission reached a settlement that keeps distribution rates stable through 2016.
Expanded retail-level demand response programs will take effect as soon as July 1 in targeted areas of upstate New York.
FERC again rejected Con Ed's request that it force PJM to recalculate the cost allocation for two transmission upgrades in northern New Jersey.
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.
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 last week left intact most of its 2010 order meant to mitigate market power in the installed capacity market in New York City.
The overhaul of the electric industry in New York, Reforming the Energy Vision, will largely bar utility ownership of distributed energy resources.
ConEd reported lower fourth-quarter earnings for 2014, but its $0.58/share showing for ongoing operations beat analysts’ consensus by 2 cents.
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