Consolidated Edison (Con Ed)

Con Edison 2020 Earnings down 18% YOY
Con Edison’s 2020 earnings were down 18% from the previous year because of lower C&I demand during the pandemic and costs from Tropical Storm Isaias.
New York PSC OKs Utility Storage Deployment, Cost Recovery
The New York PSC approved filings by the state's utilities implementing cost recovery and sharing plans with ratepayers for storage resources.
NY Utilities Diverge on Managed EV Charging
New York’s six local distribution companies split over whether to adopt “passive” or “active” approaches to managing electric vehicle charging
Meshed OSW Tx Grid May Work Best, NY Officials Hear
Preliminary analysis suggests that a mesh-and-backbone network design would be best to integrate offshore wind into the New York grid.
NYPSC OKs First Rate Increases Since COVID Outbreak
The NYPSC ruled on its first major electric rate case since the pandemic struck, approving three-year phased increases for NYSEG and RG&E.
Con Ed Q3 Earnings up Despite COVID
Consolidated Edison reported third-quarter net income of $1.47/share, even as total revenue slipped because of the COVID-19 pandemic.
NY Utilities, Developers Tweak Storage Procurement Terms
New York’s utilities are working with government officials and project developers to fine-tune the processes of state-mandated energy storage solicitations.
NYISO Management Committee Briefs: Sept. 23, 2020
NYISO CEO Rich Dewey told stakeholders that staff are determining whether a technical problem related to the demand curve reset violates the Tariff.
NYISO Business Issues Committee Briefs: Sept. 9, 2020
Con Ed won approval from the NYISO BIC of a proposal to increase the exemption from real-time generation penalties for units that supply steam to New York City.
Con Ed Takes $52 Million Hit from COVID
Consolidated Edison (NYSE: ED) said that the COVID-19 pandemic had negatively impacted its first-half earnings by $52 million

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