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Con Edison Invests In Summer Reliability While Leading The Clean Energy Transition
Company Spends $1.5 Billion to Upgrade Systems for Summer 2021; Ushering in Renewables, Low-Carbon Technologies; Westchester Residential Bills Could Be Up As Supply Costs Rise
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NEW YORK, June 2, 2021 /PRNewswire/ Con Edison has completed projects throughout New York City and Westchester County to maintain its industry-leading reliability while continuing to lead the state s shift toward renewables and other clean technologies.
The company invested $1.5 billion on new cable, transformers, network protectors, switches and other components that make its electric-delivery system robust.
(PRNewsfoto/Con Edison of New York)
/PRNewswire/ Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") and Consolidated Edison, Inc. (NYSE: ED) ("Con Edison") today announced that their.
CEO Timothy Cawley Tells Shareholders Con Edison s Clean Energy Commitment Is Our Path Forward To Sustainability
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NEW YORK, May 17, 2021 /PRNewswire/ Con Edison CEO Timothy Cawley told shareholders in the company s second virtual annual meeting that the company s Clean Energy Commitment is our way forward and will help our planet, our company, and our communities remain sustainable, while also helping to spur the economy.
Cawley said the company faced the triple challenge of the COVID-19 pandemic, a national reckoning with systemic racism, and increasing effects of climate change in the past year, noting that Con Edison s workforce remained steadfast addressing the company s three priorities of safety, operational excellence, and providing customers with the best possible experience.
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Under the PowerReady program – formerly known as Make-Ready – parties that install level 2 or direct-current fast chargers can offset some, or in certain cases, all of the upfront infrastructure costs of preparing a site. Charging stations installed within a mile of disadvantaged communities qualify for the highest incentives.
Con Edison will provide incentives for about 19,000 charging plugs across New York City and Westchester County by the end of 2025. Those will include more than 18,500 level 2 chargers and 450 direct-current fast chargers. The program already has hundreds of applications and is seeing diverse interest across the region, including from public charging stations, multi-family buildings and workplace charging.