ITEM 8.01 OTHER EVENTS

On November 18, 2021, the New York State Public Service Commission ("NYSPSC") issued an order establishing a surcharge recovery mechanism for Con Edison of New York to collect $43.213 million and $7.152 million for electric and gas, respectively, of late payment charges and fees that were not billed for the year ended December 31, 2020. In addition, Con Edison of New York has committed to use $7 million of these deferred late payment charges and fees toward addressing customer arrearages. Con Edison of New York began suspending late payment charges and fees in March 2020 due to the COVID-19 pandemic and will begin recovering the uncollected charges and fees for the year ended December 31, 2020 commencing December 1, 2021 through December 31, 2022. The order also establishes a surcharge recovery or surcredit mechanism for any fee deferrals, subject to offsetting related savings resulting from the COVID-19 pandemic, for 2021 and 2022 starting in January of the subsequent year over a twelve-month period, respectively.

On November 18, 2021, the Board of Directors of Con Edison and the Board of Trustees of Con Edison of New York each elected Timothy Cawley as Chairman of the Board, effective January 1, 2022. Mr. Cawley will continue as President and Chief Executive Officer of Con Edison and Chief Executive Officer of Con Edison of New York. Mr. Cawley will succeed John McAvoy who will retire, effective January 1, 2022, as Chairman of the Boards of Con Edison and Con Edison of New York. Mr. McAvoy will remain a Director of Con Edison and a Trustee of Con Edison of New York. A copy of the press release announcing these matters is also filed herewith as Exhibit 99 and is incorporated by reference herein.

The information in this Current Report on Form 8-K includes forward-looking statements. Forward-looking statements reflect information available and assumptions at the time the statements are made, and accordingly speak only as of that time. Actual results or developments might differ materially from those included in the forward-looking statements because of various factors including, but not limited to, those identified in reports Con Edison and Con Edison of New York have filed with the Securities and Exchange Commission.




                 ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS.


(d) Exhibits.
  Exhibit 99        Press Release, dated November 18, 2021
Exhibit 104         Cover Page Interactive Data File - The cover page iXBRL tags are embedded
                    within the inline XBRL document



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