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Issues

City

City

Issues related to New York City that the Con Edison Government Relations team are currently engaged in or have recently followed...

Council Approves $70B City Budget

On June 23, 1013, Mayor Michael Bloomberg, City Council Speaker Christine Quinn and the New York City Council announced an agreement for an on-time, balanced budget for Fiscal Year 2014. The budget  includes no tax increases, continues investments in essential City services, and allocates an additional $58 million to the New York City Housing Authority, filling some of the gap caused by Federal sequester cuts. Additionally, $250 million in City capital funds are set aside for resiliency measures to protect against climate change.  Read More 

Paid Sick Leave

On Thursday, June 27, 2013, the New York City Council overrode Mayor Michael Bloomberg’s veto of the “Earned Sick Time Act” (Intro. 97-A). The legislation, which grants paid sick leave to over a million employees within New York City, was originally vetoed by the Mayor in June on the basis that it would increase costs to employers, especially small businesses. The new law takes effect April 1, 2014. Read More 

Cool Roofs

Dark color roofs absorb heat and make our cooling systems work harder. Cool roof coatings reduce internal building temeperatures on hot days, reducing energy demand and costs, and improve the environment by reducing smog. Read More

Class 3 & 4

Con Edison is supporting a New York State Assembly bill (A.8926) to eliminate the separate utility properties’ tax category, Class 3, and combine it with Class 4, commercial and industrial properties, creating one class. (New York City has four property tax classes: Class 1 is for single-family homes; Class 2 is for apartment houses, Class 3 is utilities, Class 4 is commercial properties). Read More

Oil to Gas Conversions

Legislators have approved a bill creating a new "Article X" process for the siting of power plants in New York. The previous system expired more than eight years ago. The bill passed the Senate 59-3; the Assembly vote was 117-13. Read More

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