ED Benefits From Long-Term Capital Spending and Renewable Growth

Key Takeaways Consolidated Edison plans $38B in capital spending through 2029 to strengthen electric, gas and steam systems.ED is building the Brooklyn Clean Energy Hub to support offshore wind and add 1,500 MW capacity.ED's earnings visibility depends on rate cases, which can pressure returns if costs aren't fully recovered.Consolidated Edison’s (ED) capital investment program is expected to strengthen its core infrastructure and operational capabilities, leading to improved service reliability for custome ...