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December 6, 2025

Consolidated Edison (Con Ed)

Con Ed Earnings Down; PSC Rules on Subway Outage, Solar Pilot
Con Ed reported its second-quarter net income dropped almost one-third from a year ago, mainly reflecting changes in rate plans and regulatory charges.
NYPSC Pushes Ahead with ESCO Investigation
The NYPSC rejected requests to halt its ongoing investigation into the pricing practices of energy service companies (ESCOs).
NYPSC Extends Con Ed Demand Program
The New York PSC approved an indefinite extension for Consolidated Edison’s demand management program in Brooklyn and Queens.
Con Edison Q1 Earnings Up 2.3%
Con Edison reported first-quarter revenues up across its operations, with results reflecting regulatory charges and changes in rate plans.
NYISO Management Committee Briefs
NYISO achieved a wind energy record of 1,574 MW at around noon on March 2, representing 9% of the state’s power generation.
Con Ed Rate Order Moves REV Forward with Shared Savings
In its approval of the Consolidated Edison rate plan, the New York PSC also passed an order that advanced the Reforming the Energy Vision initiative.
NYISO Members OK End to Con Ed-PSEG Wheel
The NYISO Management Committee approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow of 400 MW.
Stakeholder Soapbox: The Case for Seasonal Resources in PJM
Rockland Electric argues that the PJM proposal to allow aggregation of seasonal resources won't help demand response and solar resources.
PJM Operating Committee Briefs
At last week's PJM Operating Committee, PJM and NYISO released last week their joint whitepaper on replacing the Con Ed-PSEG wheel, which will end May 1.
UPDATED: PJM, NYISO Seek Input on Replacing Con Ed-PSEG ‘Wheel’
PJM will hold a meeting Monday to seek stakeholder input on options for replacing the Con Ed-PSEG “wheel.” NYISO meeting in September.

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