Con Edison Reports $24.8 Billion Economic Impact in 2025, Underpinning New York's Energy Infrastructure

## Con Edison Delivers $24.8 Billion Economic Impact Across New York State in 2025 Con Edison, New York's primary energy utility, generated $24.8 billion in total economic output and supported approximately 39,700 jobs across New York State in 2025, according to a new economic impact report developed in partnership with HR&A Advisors, released via PR Newswire. The figures underscore the utility's critical role not only in powering residential and commercial customers, but also in sustaining the broader industrial and port infrastructure that keeps the New York metropolitan region's supply chain operational. For the maritime sector, reliable and robust energy infrastructure is a foundational requirement. The Port of New York and New Jersey — the busiest port on the US East Coast — depends heavily on consistent power supply for terminal operations, cold-chain logistics, electrified cargo handling equipment, and the growing network of shore power connections that allow vessels at berth to reduce emissions by drawing from the grid rather than running auxiliary engines. Con Edison's continued investment in grid modernisation and capacity expansion is particularly relevant as the port and surrounding maritime industry accelerates its transition toward electrification. Shore power infrastructure, electric rubber-tyred gantry cranes, and electrified freight corridors all place increasing demand on the regional grid. The report, which characterises Con Edison as 'New York's leading engine for high-quality union jobs,' reflects the utility's position as a cornerstone of the state's economic competitiveness. A stable, well-capitalised energy provider is widely regarded by port operators and logistics firms as essential to long-term investment decisions in terminal infrastructure and intermodal capacity. As New York State pursues ambitious clean energy targets — including offshore wind development in the waters off Long Island and the broader New York Bight — the role of utilities like Con Edison in transmitting and distributing that power to industrial consumers, including maritime facilities, will only grow in strategic importance. The full economic impact report is available through Con Edison's corporate communications channels. *Source: PR Newswire / Con Edison*