secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2023-09-01T23:59:59+00:00
Accession:  0001047862-23-000146
Event type: regulatory
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000104786223000146/0001047862-23-000146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000104786223000146/ed-20230901.htm
  HTML page:      https://secwatch.observer/filing/0001047862-23-000146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer