Consolidated Edison Company of New York, Inc. (CECONY) has entered into a Joint Proposal for a steam rate plan for the period November 2023 to October 2026, subject to approval by the New York State Public Service Commission (NYSPSC). The proposal includes base rate changes, capital expenditures, amortizations, weather normalization adjustment, recoverable energy costs, negative revenue adjustments, regulatory reconciliations, net utility plant reconciliations, average rate base, weighted average cost of capital, authorized return on common equity, earnings sharing, cost of long-term debt, and common equity ratio.