Green Bonds

On March 31, 2020 and June 8, 2021, Consolidated Edison Company of New York, Inc. completed the issuance of approximately $1.6 billion and $0.75 billion, respectively, of green bonds.

A green bond is a type of fixed-income instrument whose proceeds are used for or allocated to projects with environmental benefits, known as “Eligible Green Expenditures.”

Eligible Green Expenditures

Energy Efficiency

We’re making investments in projects and customer programs that improve system efficiency and energy-use management to reduce energy usage and greenhouse gas emissions, such as:

• Investing in advanced metering infrastructure including smart electric and gas meters and a related communication network to provide the data needed for the electric and gas systems to operate more efficiently and for customers to better manage their energy use.
• Designing and managing programs that help our customers improve electric and gas energy efficiency and promote clean electrification via education, outreach, and financial incentives.
• Investing in infrastructure and programs to add and integrate energy storage into the electric system.

Clean Transportation

We’re also making investments to develop the infrastructure for electric vehicle charging stations in our service territory and for programs to promote the charging of electric vehicles during off-peak hours when supplied electricity generally has a lower carbon footprint.

Disbursements for Eligible Green Projects

View a summary of the Eligible Green Expenditures to which Con Edison has allocated the proceeds to date from the company's green bond issuance.

2020 Green Bond Management Assertion and Report of Independent Accountants (PDF)
2021 Green Bond Management Assertion and Report of Independent Accountants (PDF)

The following disbursements were issued between January 1, 2018 and December 31, 2022.