2026-2028 electric rate plan (Case 25-E-0072)
Multi-year rate plan · Electric
Typical residential bill (280 kWh/month)
- +$4.00/mostarting February 2026 (+3.9%)Rate year 1 (calendar 2026, collected from February with a make-whole). Percent is of the total bill; delivery portion rises 5.3%. Typical NYC customer per the PSC order.
- +$3.55/mothen from January 1, 2027 (+3.3%)Rate year 2. Percent is of the total bill; delivery portion rises 4.5%.
- +$3.58/mothen from January 1, 2028 (+3.2%)Rate year 3. Percent is of the total bill; delivery portion rises 4.3%.
Combined: +$11.13/mo
- Filed
- January 31, 2025
- Decided
- January 22, 2026
- Effective
- February 2026
- Requested increase
- $1.61 billion
- Approved increase
- $234 million
- Docket
- 25-E-0072
Con Edison asked for about $1.61 billion more in annual electric delivery revenue for 2026. The PSC instead adopted a three-year joint proposal raising electric delivery revenue by $234 million (2026), $409.7 million (2027) and $421.1 million (2028), about 2.8% of total revenues each year, with a 9.4% return on equity. This affects delivery charges, not supply.
Utility's stated reasons
- safety and reliability investments
- property taxes
- pension and retiree benefit costs
- operating expenses
Sources (5) · Verified against regulator or utility filings
- Order Adopting Terms of a Joint Proposal and Establishing Electric and Gas Rate PlansNew York State Public Service Commission · Regulator order · Jan 22, 2026 · accessed Sep 29, 2026
- Notice of Joint Proposal and Soliciting Public Comments (with Summary of Joint Proposal)New York State Public Service Commission · Regulator docket · Nov 6, 2025 · accessed Sep 29, 2026
- PSC Dramatically Reduces Con Edison's Rate Request by Nearly 90 PercentNew York State Public Service Commission · Government data · Jan 22, 2026 · accessed Sep 29, 2026
- Consolidated Edison Company of New York, Inc. - Case 25-E-0072 (filing summary)New York State Department of Public Service · Government data · Feb 2025 · accessed Sep 29, 2026
- Con Edison Rate Case Visual Supplement - Electric & GasNew York State Department of Public Service · Government data · accessed Sep 29, 2026
Last verified Sep 29, 2026