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The heat is on! Gov. Kathy Hochul's regulators have launched a sweeping audit of executive compensation of New York's utility companies after Con Edison proposes to zap customers with double digit ...
The power plant was decommissioned by Con Edison in 2005 and sold to private developers as part of the East River Repowering Project, which increased the capacity of the East River Generating Station at East 14th Street to replace the steam and electric output of the Waterside Generating Station. After demolition of the Waterside plant, the ...
Last week, Con Ed announced it was asking state regulators to hike its electric bills by an average of 11.4% and gas bills by 13.3% starting on Jan. 1, 2026, citing the need to raise revenue to ...
Con Ed plant on the East River at 15th Street in Manhattan, New York City. Consolidated Edison, Inc., commonly known as Con Edison (stylized as conEdison) or ConEd, is one of the largest investor-owned energy companies in the United States, with approximately $12 billion in annual revenues as of 2017, and over $62 billion in assets. [3]
The utility's suit, filed in June 2015, blamed the gas explosion on neglect by the city. Con Edison said the city was notified on multiple occasions about depressions on the street pavement. [25] In November 2015, an investigation by the New York Public Service Commission accused Con Edison of 11 violations of gas-safety regulations. The PSC ...
FRANKFURT (Reuters) -Germany's largest power producer RWE has agreed to buy Con Edison's Clean Energy Businesses for $6.8 billion, nearly doubling RWE's renewables portfolio in the United States ...
Con Ed initially failed to report that the debris contained asbestos, but after four days announced that the 200 pounds of insulation did contain the carcinogenic material. Five years later, when indicted on the same issue, the company pleaded guilty to conspiracy and environmental law violations in Federal District Court in Manhattan for ...
The fund will be divided among the qualified claimants on a pro rata basis, depending on how much they were overcharged by the DWP. In other words, a customer whose overpayments amounted to 0.01% ...