The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

StocksMedium•30 March 2026•

1 min read

Consolidated Edison Unveils $24.3 Billion Investment Plan and Dividend Hike

Fortified uniQure building, fences, caution tape, security cameras. FDA buildings, US flags, justice symbols. Charts on tablets and papers.

Key Facts

1Consolidated Edison announced a $24.3 billion capital investment plan for the 2028-2030 period.

2A rate case for New York utility operations was approved, stabilizing earnings through 2028.

Version History

5 additional sources confirmed this story

Consolidated Edison (ED) has announced a massive $24.3 billion capital investment plan spanning from 2028 to 2030. The announcement follows the approval of a key rate case for its New York utility operations, which is expected to stabilize earnings through 2028. Despite missing earnings expectations for the fourth quarter of 2025, the company demonstrated confidence by raising its annual dividend for the 52nd consecutive year. Management is now targeting an adjusted earnings per share (EPS) growth rate of 6% to 7% over the next five years. This long-term strategy emphasizes infrastructure development and provides a clear path for cost recovery. Investors are viewing the multi-year growth outlook and dividend reliability as strong indicators of the company's financial health within the utility sector.