Con Ed reported 2015 net income of $1.19 billion compared with $1.09 billion in 2014.

A transmission developer asked PJM to determine if four projects in the PSE&G territory  are still necessary if Con Edison makes good on its threat to terminate the “PSEG wheel” to route power into New York City.

FERC ruled that PJM's cost allocations for the Artificial Island and PSE&G transmission projects may not be just and reasonable, ordering a technical conference.

Con Ed said it may end its use of the wheel when its current term expires on April 30, 2017.

Efforts by RTOs to increase their offer caps are overly reactionary to one winter season experience and do not indicate that a change in policy is warranted at this time, says Con Ed.

The New York Public Service Commission staff has accepted seven proposed demonstration projects for the Reforming the Energy Vision initiative.

Con Ed, Dominion, Duke and Entergy released their second-quarter earnings last week.

New York utilities have filed 15 demonstration projects for consideration under the state’s Reforming the Energy Vision initiative.

Con Ed and the New York Public Service Commission reached a settlement that keeps distribution rates stable through 2016.

Expanded retail-level demand response programs will take effect as soon as July 1 in targeted areas of upstate New York.