ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.




On June 26, 2020, Consolidated Edison, Inc. ("Con Edison") entered into a
Commitment Increase Supplement, dated as of June 26, 2020 (the "Commitment
Increase Supplement") between Con Edison and the additional lender party thereto
(the "Additional Lender") and accepted by Bank of America, N.A., as
administrative agent (the "Agent") for the lenders party to the Credit Agreement
entered into on April 6, 2020 (the "Supplemental Credit Agreement") among Con
Edison, the lenders party thereto (collectively with the Additional Lender, the
"Lenders") and Bank of America, N.A., as Agent. The Commitment Increase
Supplement increases the aggregate principal amount of loans available under the
Supplemental Credit Agreement from $750 million to $820 million.
A copy of the Commitment Increase Supplement is included as an exhibit to this
report, and this description is qualified in its entirety by reference to the
Commitment Increase Supplement.

ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE


               SHEET ARRANGEMENT OF A REGISTRANT.


On July 1, 2020, Con Edison borrowed $820 million pursuant to the Supplemental
Credit Agreement, as amended and supplemented by the Commitment Increase
Supplement. Con Edison used the proceeds from the borrowing for general
corporate purposes, including repayment of short-term debt bearing interest at
variable rates.

Pursuant to the Supplemental Credit Agreement, the borrowing bears interest at a
variable rate and converted to a term loan on July 2, 2020, which matures on
March 29, 2021 (the "Term Loan"). Con Edison has the option to prepay the Term
Loan. Subject to certain exceptions, the Term Loan under the Supplemental Credit
Agreement is subject to mandatory prepayment with the net cash proceeds of debt
or equity issuances by Con Edison or its non-regulated subsidiaries. Upon a
change of control of, or upon an event of default by Con Edison under the
Supplemental Credit Agreement (an "Event of Default"), the Lenders may declare
the Term Loan due and payable. Events of Default include Con Edison exceeding at
any time a ratio of consolidated debt to consolidated total capital of 0.65 to
1; having liens on its assets in an aggregate amount exceeding five percent of
its consolidated total capital, subject to certain exceptions; Con Edison or any
of its subsidiaries failing to make one or more payments in respect of other
material financial obligations (in excess of an aggregate $150 million of debt
or derivative obligations other than non-recourse debt) when due or within any
applicable grace period; the occurrence of an event or condition which results
in the acceleration of the maturity of any other material debt (in excess of an
aggregate $150 million of debt other than non-recourse debt) or enables the
holders of such debt to accelerate the maturity thereof; and other customary
events of default.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit 10 Commitment Increase Supplement, dated as of June 26, 2020, between Con Edison,


                    and the additional lender party thereto and accepted by

Bank of America, N.A., as


                    administrative agent.

Exhibit 104 Cover Page Interactive Data File - The cover page iXBRL tags are embedded within


                    the inline XBRL document



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