Consolidated Edison officials defended the utility’s proposed rate increases for 2020 before the New York City Council this week.
Thousands of Con Ed customers in New York City lost power again this week amid record heat. These latest outages come on the heels of a blackout that hit part of Manhattan on Saturday.
Consolidated Edison, the utility that provides New York City’s electricity, faces higher demand for power than its existing infrastructure can supply. But instead of adding a substation, which would cost $1.2 billion or more, Con Ed will deploy a mix of distributed solar, fuel cells and efficiency measures that will ... Read more »
The Nasdaq OMX Group and CRD Analytics have announced the results of the semi-annual re-ranking of the Nasdaq OMX CRD Global Sustainability Index. The following nine securities will be added to the Index: Adobe Systems, Autodesk, Campbell Soup Company, Consolidated Edison, DirecTV, FedEx, NRG Energy, Tesla Motors and Verizon. As ... Read more »
Gap, HP and Dr Pepper Snapple Group are among the S&P 500 companies facing climate change related risks and costs, according to a CDP report. The report, which reviews findings from CDP 2011-2013 disclosures, finds reported risks affect companies in all economic sectors and include damage to facilities, reduced product ... Read more »
Utilities are preparing for what could be the worst power outage in years as Hurricane Sandy cut power to more than 8.2 million across the East as of 2 p.m. EDT on Oct. 30, according to the Department of Energy. As many as 60 million people could be affected by ... Read more »