Con Edison 2016 Rate Plan Cites Reliability, Storm Prep, Better Technology

Consolidated Edison Company of New York, Inc. (Con Edison) announced an electric delivery service rate filing with the New York State Public Service Commission (PSC) today for new rates beginning January 1, 2016, which will support system reliability, storm hardening, better technology and online service enhancements. It would be the company's first rate increase since April 1, 2012.

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Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $41 billion in assets. The utility provides electric, gas and steam service to more than three million customers in New York City and Westchester County, New York. For additional financial, operations and customer service information, visit us on the Web at, at our green site,, or find us on Facebook at Con Edison.