- Consolidated Edison (ED) enters into an agreement with the New York State Public Service Commission regarding electric, gas, and steam rates. (8-K)
- Ultimately, the deal freezes base electricity rates for two years and gas and steam rates for three years, CBS notes.
- The company will also invest in energy grid improvements.
- Gov. Cuomo comments: "New Yorkers deserve stable power rates and a reliable electric system that is clean and fortified to withstand and respond to the impacts of future extreme weather."