Con Ed Faces Risks Under PlaNYC 2030

Con Ed Faces Risks Under PlaNYC 2030

For Consolidated Edison Inc., Mayor Michael Bloomberg's PlaNYC 2030 contains risks as well as opportunities, energy experts say.

Press April 23, 2007

The opportunities lay in negotiating incentives that could benefit shareholders. In moving toward a more efficient, less polluting future, the utility will do its utmost to get paid for achieving various hurdles, consultants say. Con Ed will be asked to take a lead in energy conservation and improving the grid to make it more reliable and able to handle alternative power sources.

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Con Ed faces risks under PlaNYC 2030 (Crain’s New York Business)