Westchester County, NY — November 7, 2025
The Westchester Municipal Consortium (WMC) — The Town of Cortlandt and an unprecedented coalition of 40 local municipalities joined forces to become a party to Con Edison’s 2025 electric and gas rate case filings before the New York State Public Service Commission (PSC) announced that a three-year settlement agreement (known as a Joint Proposal) has been formally reached between Con Edison, the PSC staff, and other parties.

The Joint Proposal substantially reduces Con Edison’s original rate requests and includes several key provisions advanced by the Westchester Municipal Consortium.
The Joint Proposal itself states: “The Westchester Municipal Consortium will also not oppose this negotiated Proposal, which substantially reduces the Company’s initial rate proposals and includes provisions sought by the Westchester Municipal Consortium.”

Settlement Includes Major Reductions in Originally Proposed Rates

Con Edison’s original proposed electric rate increase of 13.4% has been reduced to 2.8% on the total customer bill under the settlement. On the gas side, the original propose 19% increase has been reduced to 2% on the total customer bill.  The agreement spans January 1, 2026, through December 31, 2028, with similar annual increases of approximately 2.8% (electric) and 2.0% (gas) in the second and third years.
 “While the reductions do not go as far as we had proposed, they are a substantial move in the name of affordability, and the requirements for more disclosure and transparency on capital projects and the costs of overhead vs. underground systems are major gains for our County,” said Joel Dichter, Counsel for the Westchester Municipal Consortium. “This outcome reflects how much can be accomplished when Westchester’s municipalities stand together for a common goal.”
 

Next Steps and PSC Review

The Westchester Municipal Consortium will prepare and submit formal comments on the Joint Proposal to the Public Service Commission. The PSC will then conduct an evidentiary hearing to evaluate the settlement’s terms before issuing a final decision.
“There is no doubt that Westchester’s municipalities banding together had a substantial impact on the results,” said Hastings-on-Hudson Mayor Nicola Armacost who is also President of the Westchester Municipal Officials Association. 
 

About the Westchester Municipal Consortium

The Westchester Municipal Consortium (WMC) is composed of 40 unified municipalities throughout Westchester County that are served by Con Edison and came together to work collaboratively to ensure fair utility practices, equitable infrastructure investments, and transparent communication between local governments, the utility, and state regulators.
The entire Town Board of Cortlandt has worked tirelessly to fight and minimize the proposed Con Edison rate increases. During these challenging economic times, controlling the overhead families must face on a monthly basis is one our top priorities. Joining together with our neighboring communities, we have made significant strides in preventing these exorbitant rate increases. We will continue to work with the Westchester Municipal Consortium on issues that affect all of us.