NYSE:EDIntegrated Utilities
How Investors May Respond To Consolidated Edison (ED) Facing Political Pressure Over Electricity Pricing
President Donald Trump and New York City Mayor-elect Zohran Mamdani recently met at the White House to publicly urge Consolidated Edison to reduce electricity prices for New Yorkers, citing concerns about affordability despite lower fuel costs.
This high-profile political intervention has placed Con Edison's pricing structures under increased scrutiny, with the company acknowledging customer concerns and expressing openness to collaboration on balancing reliability and costs.
We’ll explore...