Consolidated Edison (Con Ed)

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.
NYISO Ordered to Refund $700K in Superstorm Sandy Billing Dispute
NYISO must refund more than $700,000, plus interest, to GDF Suez due to overcharges caused by missing meter data in the aftermath of Superstorm Sandy, FERC ruled.
NYPSC OKs Con Ed’s Demand Management Program to Relieve NYC Overloads
The NYPSC approved Con Ed of New York's proposed $200 million Brooklyn/Queens Demand Management Program that would relieve overloads in the city.
Con Ed Opens New Front in PSEG Transmission Allocation Dispute
Con Ed of New York filed a complaint with FERC stating its opposition to a cost allocation formula that PJM has devised for two transmission upgrades.

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