Consolidated Edison will invest nearly $20 billion over the next four years in transmission infrastructure as part of its Reliable Clean City initiative and to mitigate climate vulnerabilities.

Six utilities have indicated they will apply for federal loans and grants totaling roughly $900 million made available from the IIJA and IRA.

Seven N.Y. utilities filed a proposal aiming to help develop a "fully decarbonized electric system” by improving grid planning coordination among stakeholders.

Consolidated Edison on Thursday reported 2021 net income of $1.35 billion ($3.86/share), up 22.3% compared with $1.1 billion ($3.29/share) the previous year.

The NYPSC ruled on its first major electric rate case since the pandemic struck, approving three-year phased increases for NYSEG and RG&E.

Four of New York’s utilities will collectively see their revenues reduced by $7 million for failing to meet reliability and customer service requirements.

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 (NY PSC) voted to maintain current incentive payment rates for utilities’ demand response programs through 2017.

The NYPSC declared a public policy need for $1.2 billion in transmission upgrades and recommended finalists to make competitive bids to NYISO.

New York utilities challenged an order by regulators to temporarily remove the 6% cap on net metered solar-powered systems.