Cuomo Announces $86.2 Million in Settlements with Utilities for Failures Related to Emergencies theforumnewsgroup.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theforumnewsgroup.com Daily Mail and Mail on Sunday newspapers.
The settlement also address failures related to outages in Brooklyn and Manhattan in 2019, and a steam outage in 2018 in which a ConEd steam pipe ruptured in the Flatiron district of Manhattan, according to the state.
Frontier and Central Hudson s settlements will also resolve claims they failed to adequately prepare and respond to Tropical Storm Isaias. The company’s robust investments in its energy-delivery systems keep them resilient in the face of climate change, which is making severe weather events more frequent and devastating, said Con Edison in a statement Thursday, adding that Isaias was the second most destructive storm in their region’s history.
ConEd, other utilities to pay $86.2M for Tropical Storm Isaias failures dansvilleonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dansvilleonline.com Daily Mail and Mail on Sunday newspapers.
The settlement also address failures related to outages in Brooklyn and Manhattan in 2019, and a steam outage in 2018 in which a ConEd steam pipe ruptured in the Flatiron district of Manhattan, according to the state.
Frontier and Central Hudson s settlements will also resolve claims they failed to adequately prepare and respond to Tropical Storm Isaias. The company’s robust investments in its energy-delivery systems keep them resilient in the face of climate change, which is making severe weather events more frequent and devastating, said Con Edison in a statement Thursday, adding that Isaias was the second most destructive storm in their region’s history.
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NEW YORK, July 15 (Reuters) - Consolidated Edison Inc (ED.N) and two other companies will pay more than $86 million to resolve New York state claims over their response to Tropical Storm Isaias, which knocked out power to more than 900,000 utility customers last August.
Governor Andrew Cuomo said on Thursday that Con Ed and its Orange & Rockland Utilities affiliate will pay $82.05 million, while Frontier Communications (FYBR.O) and Central Hudson Gas & Electric will pay a respective $2.7 million and $1.5 million.