New York's Con Ed imposes moratorium on new natgas service in Westchester [Reuters]
Consolidated Edison, Inc. (ED)
Last consolidated edison, inc. earnings: 2/20 04:55 pm
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Source: Reuters
New York's Con Ed imposes moratorium on new natgas service in Westchester Jan 18 (Reuters) - New York energy company Consolidated Edison Inc told state regulators this week it will impose a temporary moratorium on new natural gas service in parts of Westchester County due to limited space on existing pipelines. “Until our efforts align demand with available supply, we will no longer be accepting applications for new natural gas connections in most of our Westchester service area,” Con Edison said on its website. Many consumers using oil want to switch to gas for heat because it is cheaper and cleaner to burn. The average U.S. Northeast household was expected to spend $723 to heat with gas and $1,646 with oil this winter, according to federal estimates. While Con Edison did not criticize the state for the moratorium, groups seeking more gas infrastructure blamed New York for the shortage. Con Edison’s “action is a direct result of the state’s continued blockade on gas infrastructure, w
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ED
Earnings
- 2/15/24 - Beat
ED
Sec Filings
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- 4/5/24 - Form 3
- ED's page on the SEC website