ED · 10-Q · 2026Q2 · Full report

ESG and sustainability

CONSOLIDATED EDISON INC · 2026-08-06 · Importance 29 · Surprise 24

Con Edison expects electricity usage to increase while gas and steam usage decrease as New York State and New York City implement policies intended to reduce energy-related carbon intensity. The long-term role of natural gas and other gaseous fuels in CECONY’s businesses depends on their role in meeting those climate goals. Decarbonization requires substantial investment in the electric grid, creating a tension between clean-energy objectives and affordable customer rates. Climate change and severe weather may increase system impacts, service interruptions and the costs of maintaining reliability and liquidity.

Key facts

• Other noncurrent assets at June 30, 2026 increased $199 million versus December 31, 2025 primarily reflecting an increase in pension and retiree benefits ($100 million), energy efficiency and other clean energy programs ($89 million), and revenue taxes ($39 million).