New York State Adopts Utility Plan that Includes Storm Hardening
The New York State Public Service Commission on February 20 adopted a rate plan for Con Edison includes a provision for the utility to invest $1 billion over four years to make its utility systems more resilient to climate change. The commission’s decision also creates a process to potentially fund other approved storm hardening and resiliency collaborative proposals. Additionally, the commission is significantly increasing the amount of leak-prone pipe to be replaced, and expanding the program to include replacement of leak-prone pipes in flood zones. The actions come in response to damage caused by Superstorm Sandy and other extreme weather events. See the commission news release .