Form 10-Q · Quarterly report
Consolidated Edison 10-Q, filed Aug 6, 2026
- Filed
- CIK
- 0001047862
- Accession no.
- 0001047862-26-000142
Summary
Consolidated Edison's second-quarter 2026 update shows its CECONY subsidiary filing a revised New York City reliability needs report projecting a 125 MW shortfall beginning in 2033 and growing to 675 MW by 2036 — a one-year deferral and smaller need than its January 2026 report — alongside a reliability contingency plan emphasizing competitive procurement of clean energy including battery storage. Con Edison Transmission completed the sale of its roughly 6.6 percent equity interest in Mountain Valley Pipeline in the first quarter of 2026 and in April 2026 agreed to sell its Honeoye Storage interests for $5 million in aggregate, with closing expected after NYSPSC approval.
Key points
- CECONY's aged customer receivables (outstanding more than 60 days) were $1,385 million of a $2,898 million total at June 30, 2026, while O&R's were $31 million of $119 million.
- NYISO's July 2026 short-term reliability report continued to identify near-term New York City reliability needs for 2026-2030 and designated certain generating units to remain available through May 1, 2029.
- The Champlain Hudson Power Express transmission line entered commercial operation in May 2026, with NYC supply margins described as narrow pending demonstration of its planned power capability.
- CECONY requested NYSPSC approvals, including cost recovery, to support competitive procurement of battery storage.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2: Management’s Discussion and Analysis of Financial Condition and Results of Operations This combined management’s discussion and analysis of financial condition and results of operations (MD&A) relates to the consolidated financial statements (the Second Quarter Financial Statements) included in this report of two separate registrants: Consolidated Edison, Inc. (Con Edison) and Consolidated Edison Company of New York, Inc. (CECONY). As used in this report, the term the “Companies” refers to Con Edison and CECONY. CECONY is a subsidiary of Con Edison and, as such, information in this MD&A about CECONY applies to Con Edison. …
An excerpt of the text as filed with the SEC, cut for length.
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