regulatory
confidence high
sentiment neutral
materiality 0.75
CECONY files 2026-2028 electric and gas rate plan Joint Proposal with NYSPSC
CONSOLIDATED EDISON INC
- Electric base rate increases: Yr1 $222M, Yr2 $473M, Yr3 $329M; shaped bill impact 2.80% yearly.
- Gas base rate changes: Yr1 -$46M, Yr2 +$170M, Yr3 +$93M; shaped bill impact 2.01% yearly.
- Authorized ROE 9.40%; earnings sharing above 9.90% threshold; common equity ratio 48%.
- Weighted avg cost of capital after-tax: Yr1 6.98%, Yr2 7.04%, Yr3 7.10%.
- Electric negative revenue adjustments up to $653M-$745M per year; gas up to $133M-$149M per year.