2012 Sustainability Report

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Clean Energy Development

Projected Electrical Demand

Our electric grid is built to meet peak demand, which could grow by about 20 percent over the next 20 years. In Con Edison’s service territory, peak demand, or the maximum electricity our customers could require at any given time, is generally only reached for several hours over the span of a few days during the summer. Prior to the impact of Superstorm Sandy, Con Edison had forecasted the following levels of infrastructure enhancement in coming years:

Con Edison of New York plans to invest an average of $1.7 billion per year in its electric, gas, and steam infrastructure over the next 20 years, totaling $33.7 billion in 2012 dollars. These infrastructure investments, supply cost increases, taxes, and fees are expected to raise a typical customer’s bill between two to three percent per year, in real terms.

Orange and Rockland plans to invest approximately $130 million per year in its electric and gas infrastructure over the next 20 years, totaling $2.5 billion in real 2012 dollars. These infrastructure investments, supply cost increases, taxes, and fees are expected to raise a typical customer’s bill between two to three percent per year, in real terms.

We will work to get the most out of every dollar we invest, to continue delivering reliable service while minimizing the impact on our customer bills.