ED · 10-Q · 2026Q3

CONSOLIDATED EDISON INC

Filed 2026-11-05 · Utilities · View original filing on EDGAR

Everything ED's SEC filings said, ranked

Ranked Events

• Outstanding IndebtednessImportance 69 · Surprise 50
  Con Edison’s long-term debt was $26,844 million at September 30, 2026, up $1,293 million from December 31, 2025. In June 2026, CECONY issued $450 million of 5.15% debentures due 2036 and $850 million of 5.875%…
• Capital Expenditures ProgramImportance 60 · Surprise 40
  Con Edison utility capital expenditures were $4,051 million for the nine months ended September 30, 2026, up $591 million from the 2025 period. CECONY utility capital expenditures increased $502 million to $3,671…
• PJM Transmission Cost DisputeImportance 53 · Surprise 60
  In October 2026, FERC reaffirmed that PJM’s de minimis threshold for allocating regional transmission enhancement project costs is unjust, unreasonable, and unduly discriminatory. FERC directed recalculation of…
• State Utility RegulationImportance 53 · Surprise 60
  New York enacted Chapter 58 of the Laws of 2026 in May 2026, with provisions applying to utility base-rate filings submitted after January 1, 2027. The law requires a budget-constrained rate-plan proposal limiting…
• Operating Cash Flow TrendsImportance 48 · Surprise 40
  Con Edison’s net cash flows from operating activities were $2,825 million for the nine months ended September 30, 2026, $495 million lower than in the 2025 period. The decrease primarily reflected a $314 million…
• Segment ProfitabilityImportance 48 · Surprise 40
  Con Edison’s operating income increased $452 million to $2,900 million for the nine months ended September 30, 2026, compared with $2,448 million in 2025. CECONY operating income rose $428 million to $2,756 million,…
• Gowanus Canal Superfund LitigationImportance 47 · Surprise 60
  In July 2026, New York City asserted a crossclaim against CECONY under the federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980 in the pending Gowanus Canal Superfund litigation. The…
• Transmission Investment ProgramImportance 46 · Surprise 42
  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…
• Utility Load Demand TrendsImportance 46 · Surprise 56
  CECONY serves approximately 3.7 million electric customers in New York City and most of Westchester County; its 2026 summer peak was 12,178 MW, and its five-year average annual summer peak forecast increased from 0.7%…
• CAMT Tax RegulationImportance 46 · Surprise 42
  At September 30, 2026, Con Edison accrued a $16 million CAMT liability before general business credits, including $15 million for CECONY, with an offsetting deferred tax asset for the minimum-tax-credit carryforward.…
• CECONY Electric Revenue GrowthImportance 43 · Surprise 32
  CECONY electric operating revenue increased $340 million, or 9.1%, to $4,073 million in the third quarter of 2026; electric operating income rose $189 million to $1,313 million. Revenue growth primarily reflected $137…
• Operating Expense TrendsImportance 42 · Surprise 40
  CECONY’s taxes other than income taxes increased $231 million to $2,948 million for the nine months ended September 30, 2026, including a $119 million increase in property taxes. CECONY electric purchased power expense…
• Cybersecurity Regulatory ComplianceImportance 40 · Surprise 42
  In April 2026, the NYSPSC adopted cybersecurity regulations for New York utilities, effective June 1, 2026, with phased compliance periods of up to 18 months for certain requirements. The rules require a risk-based…
• Regulatory Climate TargetsImportance 40 · Surprise 42
  In May 2026, New York amended the Climate Leadership and Community Protection Act (CLCPA) as part of the state’s fiscal year 2026–2027 budget. The amendments extend the NYSDEC’s deadline to issue implementing…
• Revenue Performance and MixImportance 36 · Surprise 14
  For the nine months ended September 30, 2026, consolidated operating revenues were $14,078 million, up $1,154 million (8.9%) from $12,924 million. CECONY electric revenue increased $765 million (8.5%) to $9,765…
• Commodity Price RiskImportance 35 · Surprise 48
  Con Edison’s commodity price risk primarily concerns purchases and sales of electricity, gas, and related derivatives, with the Utilities using risk-management strategies to mitigate exposure. At September 30, 2026, a…
• Bulk-Power Equipment RestrictionsImportance 34 · Surprise 42
  In August 2026, the U.S. president issued an executive order declaring a national emergency to secure the U.S. bulk-power system. It authorizes the Department of Energy to review, prohibit, or condition certain…
• Liquidity and Cash PositionImportance 33 · Surprise 38
  At September 30, 2026, Con Edison had $101 million of cash, temporary cash investments, and restricted cash, compared with $182 million at September 30, 2025. The company had a $3,500 million revolving credit agreement…
• Electric Reliability NeedsImportance 32 · Surprise 24
  The NYISO reported in October 2026 that the Champlain Hudson Power Express (CHPE) had demonstrated its planned power capability, removing a near-term reliability need from its Q3 assessment. Longer-term concerns remain…
• Utility AI Regulatory ProceedingImportance 31 · Surprise 42
  In September 2026, the NYSPSC opened a proceeding to examine AI systems used by New York public utilities, including CECONY and O&R. The order requires reports describing operational AI systems and the policies,…

Revenue by Product (in millions)