Post by Con Edison

Yesterday at the BloombergNEF Summit New York, our CEO, Tim Cawley, joined utility leaders from Duke Energy Corporation and Southern California Edison (SCE) to discuss what it takes to deliver reliable, affordable, and resilient energy systems as demand accelerates. The conversation focused on a critical challenge: as electrification, customer demand, and economic growth push electricity needs to new highs, how can utilities balance modernizing the grid at scale with keeping energy affordable for customers. For Con Edison, reliability is not optional. We deliver 44% of New York State’s electricity, powering the world’s financial capital and the essential services nine million New Yorkers rely on every day. Meeting that responsibility requires long‑term, disciplined investment—strengthening infrastructure, hardening the system against extreme weather, and building flexibility into how we plan for an increasingly electric future. A resilient grid is the foundation of economic confidence, climate readiness, and community well‑being. By investing thoughtfully, operating efficiently, and remaining strong stewards of customer dollars, utilities can support growth, innovation, and affordability today and for decades to come.