ED · 8-K · 20260806PR000143

Rate Case Outcomes

CONSOLIDATED EDISON INC · 2026-08-06 · Importance 46 · Surprise 42

CECONY’s second-quarter net income increased by $25 million from a higher electric rate base and the timing of billing a rate increase, and by $23 million from a higher gas rate base and related billing timing. O&R’s results included a $3 million benefit from an electric base-rate increase and a $2 million benefit from a gas base-rate increase. For the first six months, CECONY reported $33 million of benefit from its higher electric rate base and $26 million from its higher gas rate base, while O&R reported $8 million and $4 million, respectively, from electric and gas base-rate increases.

Key facts

• Attachment B lists Total O&R contribution to three-month variation as $0 (net) and shows components: Electric base rate increase $3 million (0.01 EPS) and Gas base rate increase $2 million (— EPS). source
• Attachment C shows Total O&R contribution to six-month variation as $6 million and $0.01 EPS, including Electric base rate increase $8 million (0.02 EPS) and Gas base rate increase $4 million (0.01 EPS). source