ED · 10-Q · 2026Q3 · Full report
Transmission Investment Program
CONSOLIDATED EDISON INC · 2026-11-05 · Importance 46 · Surprise 42 · In source text
Con Edison Transmission is developing Propel NY Energy jointly with NYPA, a 90-mile electric transmission project intended to increase high-voltage connections between Long Island and the rest of New York State. New York Transco’s estimated share of project costs is $2,200 million, excluding interconnection costs and costs for projects expected to be built by local transmission owners, including CECONY. Siting, construction and operation require government approvals and permits, including NYSPSC approval.
Key facts
- New York Transco’s share of the estimated cost of Propel NY Energy is $2,200 million, excluding interconnection costs and costs of projects expected to be built by local transmission owners, including CECONY; the project requires governmental approvals and permits, including NYSPSC approval. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | -1.4% | New York Transco’s share of the estimated cost of Propel NY Energy is $2,200 million, excluding interconnection costs and costs of… |