CONSOLIDATED EDISON INC
For the period ended May 20, 2024. Filed Apr 10, 2024.
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May 20, 2024 · Filed Apr 10, 2024
Contents
Appendix A Operating Objectives
APPENDIX A
Operating Objectives -For 2023, the operating objectives for Con Edison of New York are shown in the following table:
| Con Edison of New York Operating Objectives(1) | | | Unit of Measure | | | Target | | | Actual |
|---|---|---|---|---|---|---|---|---|---|
| Employee and Public Safety: · · · · · · | |||||||||
| ▪ Significant High-Hazard Injuries | | | # | | | 0 | | | 3 |
| ▪ Electric Distribution System wide Safety Improvements “Remove Before Failure” | | | # | | | ≥ 1,455 | | | 2,057 |
| ▪ Motor Vehicle Collisions | | | # | | | ≤ 280 | | | 265 |
| ▪ Operating Errors | | | # | | | ≤ 44 | | | 43 |
| ▪ Gas Made Safe Time | | | % | | | ≥ 89.5% | | | 99.1% |
| Environment and Sustainability: | | | | | | | |||
| ▪ Underground Transmission Feeder Split Management | | | % | | | ≥ 90% Clamp time and ≥ 90% Environmental manhole cleaning and subservice mediation | | | 99% and 100% |
| ▪ Late Spill Notifications | | | # | | | ≤ 2 | | | 2 |
| ▪ SF6 Gas Emissions | | | Pounds | | | ≤ 6,500 | | | 4,674 |
| ▪ Lifetime Gross Energy Savings from Ground Source Heat Pumps installed through CECONY Clean Heat Program | | | # | | | ≥ 715,000 | | | 846,840 |
| Operational Excellence: | | | | | | | |||
| ▪ Steam System Reliability Measures | | | # | | | 2 | | | 2 |
| ▪ Reliability Performance Measures | | | % | | | ≥ 97.0 | | | 100 |
| ▪ Electric Reliability Performance—Network Metrics | | | # | | | 2 | | | 2 |
| ▪ Electric Reliability Performance—Non-Network Metrics | | | # | | | 2 | | | 2 |
| ▪ Workable Gas Leak Inventory | | | # | | | ≤ 20 | | | 2 |
| ▪ Cyber Security | | | # | | | 0 | | | 2 |
| ▪ Physical Security | | | # | | | 0 | | | 0 |
| Customer Experience: | | | | | | | |||
| ▪ Customer Project Completion Dates | | | % | | | ≥ 90 | | | 95.4 |
| ▪ First Call Resolution | | | % | | | ≥ 80 | | | 81.4 |
| ▪ Estimated Time for Restoration | | | % | | | ≥ 73 | | | 82.1 |
| ▪ Customer Appointments | | | % | | | ≥ 95 | | | 95.8 |
| (1) | Operating objectives were weighted equally. |
Consolidated Edison, Inc. Proxy Statement 105
| | | Appendix A |
For 2023, the operating objectives for Orange & Rockland are shown in the following table:
| Orange & Rockland Operating Objectives(1) | | | Unit of Measure | | | Target | | | Actual |
|---|---|---|---|---|---|---|---|---|---|
| Employee and Public Safety · · · · · · | |||||||||
| ▪ Significant High-Hazard Injuries | | | # | | | 0 | | | 1 |
| ▪ Motor Vehicle Collisions | | | # | | | ≤ 28 | | | 26 |
| ▪ Operating Errors | | | # | | | ≤ 6 | | | 2 |
| ▪ Damage Prevention | | | Rate | | | ≤ 2.00 | | | 1.83 |
| ▪ Gas Made Safe Time | | | % | | | ≥ 87 | | | 92 |
| Environment and Sustainability | | | | | | | |||
| ▪ Electric Energy Efficiency (MWh Reduction) | | | # | | | ≥ 66,500 | | | 77,826 |
| ▪ Gas Energy Efficiency (Dth Reduction) | | | # | | | ≥ 71,000 | | | 76,001 |
| ▪ Lifetime Gross Energy Savings from Heat Pump Technology Installed in O&R Clean Heat Energy Program (MMBTu) | | | # | | | ≥ 336,000 | | | 531,003 |
| ▪ Electric Vehicle Make Ready Program | | | | | | | |||
| Complete notification to participants | | | % | | | ≥ 90 | | | 100 |
| Provide estimated incentive amount | | | % | | | ≥ 90 | | | 100 |
| ▪ Solar Connections— | | | | | | | |||
| Complete Initial Application Screening | | | % | | | ≥ 92 | | | 100 |
| Complete Coordinated Review | | | % | | | ≥ 80 | | | 100 |
| Operational Excellence | | | | | | | |||
| ▪ Outage Frequency—SAIFI (frequency of outages per average customer) | | | # | | | ≤ 1.20 | | | 1.00 |
| ▪ Outage Duration—CAIDI (restoration time in minutes per average customer) | | | # | | | ≤ 115.5 | | | 103.8 |
| ▪ Cyber Security | | | # | | | 0 | | | 1 |
| ▪ Physical Security | | | # | | | 0 | | | 0 |
| ▪ Gas Leak Inventory (monthly average backlog) | | | # | | | ≤ 40 | | | 10 |
| Customer Experience | | | | | | | |||
| ▪ Customer Service Appointments Kept | | | % | | | ≥ 95 | | | 97 |
| ▪ New Business Electric Services Energized | | | # | | | 2 | | | 2 |
| ▪ First Call Resolution | | | % | | | ≥ 80 | | | 93.3 |
| ▪ Customer Service Performance Incentive Mechanism | | | # | | | 3 | | | 3 |
| ▪ Storm Scorecard | | | # | | | ≥ 92 | | | 98 |
| (1) | Operating objectives were weighted equally. |
106 Consolidated Edison, Inc. Proxy Statement
| | | Appendix A |
For 2023, the operating objectives for the Clean Energy Businesses are shown in the following table:
| Clean Energy Businesses Operating Objectives(1) | | | Unit of Measure | | | Target | | | Actual |
|---|---|---|---|---|---|---|---|---|---|
| Employee and Public Safety · · · · · · | |||||||||
| ▪ Significant High Hazard Injury | | | # | | | 0 | | | 0 |
| Environment and Sustainability | | | | | | | |||
| ▪ Renewable Portfolio Production | | | % | | | 100 | | | 96.6 |
| Operational Excellence | | | | | | | |||
| ▪ Annual Availability for Financed Projects | | | % | | | 99.2 | | | 99.8 |
| ▪ Retail Energy Services EBITDA | | | $ | | | $6.00 | | | -1.22 |
| ▪ Significant Risk Limit Violations, Material Financial Weaknesses or Significant Deficiencies, and Ethical Violation | | | # | | | 0 | | | 0 |
| ▪ Project Construction and Delivery | | | % | | | 100 | | | 100 |
| ▪ Design Build Transfer | | | # | | | 56 | | | 2.1 |
| ▪ Megawatt hours installed for battery storage line of business | | | # | | | 550 | | | 0 |
| ▪ Meet Contractual Requirements of PPA (TWh) | | | # | | | 6.4 | | | 0.9 |
| ▪ Cybersecurity Performance | | | # | | | 0 | | | 0 |
| (1) | Operating objectives were weighted equally. |
Consolidated Edison, Inc. Proxy Statement 107
| | | Appendix B |
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