NYSE:EDIntegrated Utilities
What Consolidated Edison (ED)'s New York Rate-Hike Backlash Means For Shareholders
In January 2026, more than 100 Westchester and New York state officials urged regulators to reject Consolidated Edison’s 2026–2028 rate hike settlement, arguing even the reduced 2.8% electric and 2% gas increases would unduly burden residents and small businesses already struggling with affordability.
The clash highlights how mounting concerns over customer arrears and cost-of-living pressures can intensify regulatory risk for a regulated utility heavily tied to New York City and surrounding...