ED · 10-Q · 2026Q2 · Full report
Gas Demand Trends
CONSOLIDATED EDISON INC · 2026-08-06 · Importance 30 · Surprise 40 · In source text
CECONY gas deliveries increased 3.3% to 175,858 thousand dekatherms, driven by NYPA volumes up 11.6%, generation-plant volumes up 7.7%, and residential volumes up 4.1%. Weather-adjusted firm gas sales and transportation volumes in CECONY’s service area decreased 3.3%, indicating that reported growth was influenced by weather and other billing variations. O&R gas deliveries increased 2.3% to 16,873 thousand dekatherms, with residential and general volumes each up 5.3%, while interruptible sales declined 11.5%. Weather-adjusted firm sales and transportation volumes in O&R’s service area decreased 0.8%.
Key facts
- In June 2026, CECONY updated its five-year forecast of average annual firm peak gas demand at design conditions from a 0.2 percent increase (for 2026 to 2030) to a 0.2 percent decrease (for 2027 to 2031).
- In June 2026, O&R updated its five-year forecast of average annual firm peak gas demand at design conditions from a 1.2 percent increase (for 2026 to 2030) to a 0.7 percent increase (for 2027 to 2031).
- CECONY’s gas firm sales and transportation volumes decreased 2.9 percent after adjusting for variations, primarily weather, for the three months ended June 30, 2026 compared with the 2025 period.
- Total O&R firm sales and transportation deliveries for the three months ended June 30, 2026 were 2,752 thousands of Dt versus 2,851 in 2025, a decrease of 99 (3.5%).
- After adjusting for weather and other variations, firm sales and transportation volumes in O&R's service area decreased 1.4 percent in the three months ended June 30, 2026 compared with the 2025 period.
- CECONY total gas deliveries for the six months ended June 30, 2026 were 175,858 thousands of Dt versus 170,284 in 2025, an increase of 5,574 (3.3%).
- O&R Residential gas deliveries were 1,602 thousands of Dt in the three months ended June 30, 2026 versus 1,677 in 2025, a decrease of 75 (4.5%).
- CECONY delivers gas to approximately 1.0 million customers in Manhattan, the Bronx, parts of Queens and most of Westchester County.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | contingent | — | In June 2026, CECONY updated its five-year forecast of average annual firm peak gas demand at design conditions from a 0.2 percent… |
| revenue | negative | contingent | — | In June 2026, O&R updated its five-year forecast of average annual firm peak gas demand at design conditions from a 1.2 percent increase… |