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Consolidated Edison Agrees on New Rate Plans

Story Highlights
  • CECONY agreed on a Joint Proposal for electric and gas rate plans from 2026 to 2028.
  • The proposal impacts CECONY’s financial operations and regulatory compliance with potential incentives and adjustments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Consolidated Edison Agrees on New Rate Plans

Meet Your ETF AI Analyst

An update from Consolidated Edison ( (ED) ) is now available.

On November 5, 2025, CECONY, the New York State Department of Public Service, and other parties agreed on a Joint Proposal for electric and gas rate plans from January 2026 to December 2028, pending approval by the New York State Public Service Commission. The proposal outlines base rate changes, capital expenditures, and potential incentives, impacting CECONY’s financial operations and regulatory compliance. The plan includes mechanisms for revenue decoupling, recoverable energy costs, and regulatory reconciliations, which could affect stakeholders depending on performance targets and regulatory outcomes.

The most recent analyst rating on (ED) stock is a Hold with a $99.00 price target. To see the full list of analyst forecasts on Consolidated Edison stock, see the ED Stock Forecast page.

Spark’s Take on ED Stock

According to Spark, TipRanks’ AI Analyst, ED is a Neutral.

Consolidated Edison has a stable financial performance with solid revenue growth and profitability, though cash flow challenges need attention. The technical analysis shows a neutral trend, and the valuation is balanced with a reasonable P/E ratio and attractive dividend yield.

To see Spark’s full report on ED stock, click here.

More about Consolidated Edison

Consolidated Edison Company of New York (CECONY) operates in the energy sector, providing electric and gas services. It is primarily focused on delivering reliable energy to customers in New York State.

Average Trading Volume: 2,137,111

Technical Sentiment Signal: Buy

Current Market Cap: $35.33B

Learn more about ED stock on TipRanks’ Stock Analysis page.

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