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0.000398361028909752 0.0014796266788073 0.00204871386296388 0.00284543592078306 0.00261780104712046 0.00307307079444583 0.00421124516275899 0.00364215797860241
Stock impact report

Con Edison Forecasts Lower Summer Bills; Customers Can Save Even More with Energy Efficiency Upgrades

Consolidated Edison, Inc. (ED) 
Last consolidated edison, inc. earnings: 2/20 04:55 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, May 23, 2019 (GLOBE NEWSWIRE) -- Con Edison is forecasting lower bills for residential customers during this summer season, compared to last year, as the energy company invests more than $1.5 billion in its overhead and underground electric delivery systems to meet usage demands on peak hot days. A typical New York City residential customer using 350 kilowatt hours per month can expect a 6.5-percent decrease from $102.84 in 2018 to $96.20 in the June-to-September period. A typical Westchester residential customer using 500 kilowatt hours per month can expect an average decrease of 16.2 percent from $134.68 in 2018 to $112.88.   The projected decrease in residential bills is largely due to lower supply costs. Con Edison buys electricity on the wholesale market and provides it to customers at cost.  Monthly bills for business customers are expected to be about the same as last year. A New York City business customer using 10,800 kilowatt hours with a peak demand of Show less Read more
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