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Con Edison Invests $2.4 Billion in Summer Reliability

Company Makes Upgrades Across the Region; Urges Customers to Conserve Energy, Take Advantage of Money-Saving Incentives

Con Edison has invested a record $2.4 billion in its electric delivery system to keep service reliable ahead of the sizzling summer heat.

The company is maintaining the reliability of its system while leading the region’s clean energy transition. Con Edison helps customers connect solar projects, offers incentives for the electrification of buildings and transportation and is deploying battery storage projects.

Conserve to Save

While increased supply costs continue to affect bills, customers may see an increased delivery cost by summer’s end. An investment plan is pending before the New York State Public Service Commission.

The best way for customers to save on their bills is to manage their usage. Con Edison offers a range of energy efficiency programs that pay customers who make energy saving upgrades.

Programs are available for residential customers, those with low incomes, small businesses, large commercial and industrial properties, and multi-family buildings.

Business customers can also earn incentives from Con Edison’s smart usage programs under which they agree to conserve at times when the demand for power is high.

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation’s largest investor-owned energy companies, with approximately $16 billion in annual revenues and $63 billion in assets. The utility delivers electricity, natural gas and steam, and serves 3.6 million customers in New York City and Westchester County. For financial, operations and customer service information, visit For energy efficiency information, visit Also, visit us on Twitter and Facebook.