New York Regulator Approves $223 Million to Ease Gas Demand as Con Edison Imposes Moratorium on New Connections
The New York State Public Service Commission on Feb. 7 authorized Consolidated Edison Company of New York Inc. to implement a portfolio of demand-side solutions at a cost capped at $223 million, in a bid to ease natural gas demand in the utility’s supply-constrained areas. The commission said that the need to address surging gas…