Con Edison Rate Hike Delayed Again by New York Regulators
June 04, 2025
June 04, 2025
WASHINGTON, June 4 -- Consolidated Edison Co. of New York Inc. (Con Edison or CECONY) will not be implementing its proposed electric and gas rate increases as planned, following a "Notice of Further Suspension of Effective Date of Major Rate Changes" issued by the New York Public Service Commission. The order, signed by Secretary Michelle L. Phillips and effective June 3, 2025, extends the delay for the proposed rate hikes related to "Proceeding on Motion of the Commission as to t . . .