CECONY files 3-year steam rate plan; base rates up $110M Yr1, $44M Yr2, $45M Yr3

CONSOLIDATED EDISON INC

Joint Proposal covers Nov 2023–Oct 2026; subject to NYSPSC approval.
Base rate increases total $199M over plan; levelized customer billing at $77.8M/yr.
Capital expenditures: $106M (Yr1), $107M (Yr2), $105M (Yr3).
Authorized ROE 9.25%; earnings above 9.75% shared to reduce regulatory assets.
NYSDPS audit ongoing into CECONY's income tax accounting for steam rates.

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