Con Edison

Con Edison Generated $24.8B in NY Economic Output in 2025

New York – September 30, 2026 -- Con Edison generated $24.8 billion in total economic output and supported 39,700 jobs across New York State in 2025, according to a new economic impact report developed with HR&A Advisors. The utility serves 9.5 million people and more than 340,000 businesses across New York City and Westchester County.

Con Edison's operations supported nearly 40,000 jobs statewide in 2025

The company directly employed more than 14,000 workers, with each Con Edison job supporting an additional 1.8 jobs across New York State. More than half of Con Edison's employees are union members, a rate approximately three times the industry average. The company's 2025 economic activity represented approximately 1 percent of New York State's gross domestic product.

Soltage Battery Storage Completes Second NYC Peak Summer Season

Jersey City, N.J. – September 22, 2026 -- Soltage's 55 Drive battery storage facility, New York City's first such asset from the independent power producer, discharged at full capacity during peak summer demand this year, completing its second full operating season on the Con Edison network.

New York's reliability margin has collapsed to 417 MW, down from 2,227 MW in 2018

The New York Independent System Operator reported the drop heading into this summer, the lowest margin in recent history. NYISO has flagged reliability needs in New York City over its five-year planning horizon, with the state targeting 6 GW of storage capacity by 2030, prioritizing downstate projects.

First Student, Con Edison Cut EV Bus Infrastructure Costs 13% in NYC

Brooklyn, N.Y. – September 18, 2026 -- First Student and Con Edison have completed the first phase of an electric school bus infrastructure project in New York City, cutting charging infrastructure construction costs by 13% through a trenchless deployment method.

Trenchless charging technology avoids underground trenching costs in dense boroughs

The project's core innovation, First Student's First ChargeTM system, is a trenchless, modular charging infrastructure solution that bypasses traditional underground trenching. The approach reduced construction costs by 13% while minimizing disruption in Brooklyn and Queens, two of the most logistically complex urban environments in the United States for utility work.