ED · 8-K · 20260806PR000143
Grid Modernization and Reliability
CONSOLIDATED EDISON INC · 2026-08-06 · Importance 23 · Surprise 24 · In source text
Con Edison reported nation-leading electric service reliability and said it is investing in infrastructure and system resilience. The company is preparing its network for periods of extreme heat while supporting New York’s clean energy transition. Electrification of buildings and transportation is increasing customer energy needs, and Con Edison expects 28 new substations to be in service by 2035, alongside tens of billions of dollars of additional capital investment. These investments are intended to support customers and economic growth across the company’s New York service territories.
Key facts
- Con Edison expects to have 28 new substations in service by 2035. source
- The press release states Con Edison is "investing to further strengthen reliability and system resilience, including preparing our network for periods of extreme heat." source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | Con Edison expects to have 28 new substations in service by 2035. |
| cash | negative | probable | — | Con Edison expects to have 28 new substations in service by 2035. |