On September 4, 2026, Consolidated Edison Company of New York (CECONY) entered into a joint proposal for a steam rate plan covering November 1, 2026 through October 31, 2029, subject to approval by the New York State Public Service Commission. The three-year plan includes base rate increases totaling $94 million annually across years one through three, with shaped bill impacts capped at 3.5% per year. Capital expenditures are projected at $143 million in Year 1, declining to $126 million by Year 3. The authorized return on common equity is set at 9.5 percent, and the weighted average cost of capital ranges from 7.07 percent to 7.19 percent over the period. Negative revenue adjustments for performance shortfalls range from $4.3 million to $4.7 million annually. Consolidated Edison operates in the electric, gas, and steam utility industry.

Consolidated Edison reported second quarter 2026 net income of $308 million, or $0.83 per share, compared to $246 million, or $0.68 per share, in the prior year period. Adjusted earnings were also $0.83 per share. For the first six months of 2026, net income was $1,232 million, or $3.37 per share, versus $1,038 million, or $2.93 per share previously. The company reaffirmed its full-year 2026 adjusted earnings per share guidance range of $6.00 to $6.20. Consolidated Edison operates as a holding company providing electric, gas, and steam services primarily in New York City and surrounding areas.

Consolidated Edison, Inc. has entered into an equity distribution agreement to establish an at-the-market program for the sale of its common shares. Under this agreement, the company may offer and sell up to an aggregate sales price of $2,000,000,000.

Consolidated Edison, Inc. issued a press release and earnings presentation regarding its results of operations for the three months ended March 31, 2026. The filing serves to formally furnish these quarterly financial results to the SEC.