"In a major settlement that could have far-reaching implications nationwide, New York's largest utility is now responsible for preparing for a future of extreme weather, including the impacts of climate change."

"The state now expects all of the utilities it regulates to consider how sea level rise, extreme weather and other possible effects related to climate change will affect their operations and reliability as they make future construction plans and budgets. It's a model that experts say other states could use to address the ravages of climate change.

The expectations were set forth as part of a Feb. 20 settlement between the New York Public Service Commission (NYPSC) and Consolidated Edison, the New York City area’s largest electric utility, which approved ConEd’s new electricity, steam and natural gas rates for the next several years."

Bobby Magill reports for Climate Central February 25, 2014. [2]