Consolidated Edison (Con Ed)
Consolidated Edison’s second-quarter earnings fell by 19% to $152 million compared to the same period last year, despite an increase in revenue.
Con Edison remained on the hot seat after power outages hit 50,000 customers Sunday night, the second major outage in less than a week.
New York regulators approved a consumer awareness and incentive campaign for clean energy development in Westchester County.
New York regulators authorized utilities to spend $31.6 million to build fast-charging EV stations and recover costs from ratepayers over seven years.
The New York Public Service Commission ruled that JFK Airport could have a solar project up to 5 MW compensated under the VDER program.
The NY Public Service Commission (NYPSC) expanded the eligibility of distributed energy resources to be compensated under the state’s value stack tariffs.
FERC said a dispute between PSE&G and Con Edison over shared transmission lines between New Jersey and New York should be resolved in federal court.
New York is charting its own course for integrating distributed energy resources into its grid, industry experts said at Infocast's NY Energy Market Summit.
Consolidated Edison earned $188 million ($0.60/share) in the second quarter, a 7% increase from $175 million ($0.57/share) in the same period last year.
The New York Public Service Commission (NYPSC) voted unanimously to authorize state agencies to procure 800 MW of offshore wind energy by next year.
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