CONSOLIDATED EDISON: Posts $502MM Superfund, Other Envt’l. Costs

Consolidated Edison, Inc.’s non-current Superfund and other environmental costs amounted to US$502 million as of June 30, 2011, compared with US$512 million as of Dec. 31, 2010.

Consolidated Edison of New York, Inc.’s (CECONY) non-current Superfund and other environmental costs amounted…

CONSOLIDATED EDISON: Cleanup at Astoria Site Estimated at $38Mil

Consolidated Edison, Inc. estimates that its undiscounted potential liability for the completion of the site investigation and cleanup of the known contamination on a property in the Astoria section of Queens, N.Y., will be at least US$38 million.

The Company’s subsidiary,…

CONSOLIDATED EDISON: Gowanus Canal Contamination Inquiry Ongoing

Consolidated Edison, Inc. says that, In February 2011, the U.S. Environmental Protection Agency released a report of its remedial investigation that confirmed there is significant contamination in the Gowanus Canal in Brooklyn, N.Y.

In August 2009, Company subsidiary, Consolidated Edison Company…

CONSOLIDATED EDISON: Liability at Arthur Kill Estimated at $200T

Consolidated Edison, Inc. estimates that the undiscounted potential future liability for additional upland remediation, site monitoring, maintenance, and reporting to the New York State Department of Environmental Conservation (NYSDEC), regarding a former station in Arthur Kill, N.Y., will be about…

CONSOLIDATED EDISON: O&R’s Probe at West Nyack Property Ongoing

Consolidated Edison, Inc. says that subsidiary Orange and Rockland Utilities, Inc.’s (O&R) investigation on a West Nyack, N.Y. site is ongoing.

In 1994 and 1997, O&R entered into consent orders with the New York State Department of Environmental Conservation (NYSDEC) under…

CONSOLIDATED EDISON: O&R Still a Third-Party at Tierra’s Lawsuit

Consolidated Edison, Inc.’s subsidiary, Orange and Rockland Utilities, Inc. (O&R) continues to be a third-party defendant in an environmental lawsuit filed by Tierra Solutions, Inc. (Tierra) and Maxus Energy Corporation (Maxus).

About 300 parties, including O&R (which was served with a…

CONSOLIDATED EDISON: Posts $695Mil Envt’l. Dec. 31 Cleanup Costs

Consolidated Edison, Inc. recorded environmental remediation costs (regulatory assets) of US$695 million at Dec. 31, 2010, compared with US$392 million at Dec. 31, 2009.

Subsidiary Consolidated Edison Company of New York, Inc. (CECONY) recorded environmental remediation costs (regulatory assets) of US$574…

CONSOLIDATED EDISON: Deal on Steam Facilities Entered Dec. 2010

Consolidated Edison, Inc.’s subsidiary, Consolidated Edison Company of New York, Inc. (CECONY) and the New York State Department of Environmental Conservation (NYSDEC), in December 2010, agreed on the terms of a consent order that settled violations of certain laws, regulations…

CONSOLIDATED EDISON: CECONY Liable for Cleanup at N.Y. MGP Sites

Consolidated Edison, Inc.’s subsidiary, Consolidated Edison of New York, Inc. (CECONY), is responsible for former manufactured gas plant sites in New York City and Westchester County, N.Y.

CECONY and its predecessors formerly manufactured gas and maintained storage holders for gas manufactured…

CONSOLIDATED EDISON: O&R Liable for Cleanup at Seven MGP Sites

Consolidated Edison, Inc. says that subsidiary Orange and Rockland Utilities, Inc. (O&R) and its predecessors formerly owned and operated manufactured gas plants at seven sites (O&R MGP Sites) in Orange County and Rockland County, N.Y.

Three of these sites are now…