Short answer
Consolidated Edison (ED) filed an 8-K current report with the SEC on September 4, 2026 reporting Item 8.01 (Other Events). Proposed CECONY steam rate plan covers November 2026–October 2029, pending NYSPSC approval.
Consolidated Edison 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Proposed CECONY steam rate plan covers November 2026–October 2029, pending NYSPSC approval
- Shaped customer bill impact targeted at 3.5% annually, with base rate increases of $26.6M, $27.5M and $28.5M
- Average rate base rises from $2,118M to $2,311M, supporting capital investment of $143M, $127M and $126M
- Authorized common-equity return 9.5%, with 48% common-equity ratio and after-tax WACC increasing from 7.07% to 7.19%
- Performance penalties reach $4.3M, $4.5M and $4.7M annually if service, reliability or safety targets are missed
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