Consolidated Edison (ED) risk factors: FY2025 10-K

Item 1A of the 10-K for the period ending 2025-12-31, filed 2026-02-19. 21 risk factor headings as filed. Read Item 1A in full · The whole 10-K · What changed since FY2024

1new since FY2024
1reworded
0removed
19unchanged

Headings mentioning a theme: Tariffs 1 · AI 1 · Cybersecurity 1 · China 0 · Interest rates 0. Compare across the S&P 500.

Risk factors

21
  1. Regulatory/Compliance Risks:
  2. The Companies Are Extensively Regulated And May Be Subject To Substantial Penalties.
  3. The Utilities’ Rate Plans May Not Provide A Reasonable Return.
  4. The Companies May Be Adversely Affected By Changes To The Utilities’ Rate Plans.
  5. Operations Risks:
  6. The Failure Of, Or Damage To, The Companies’ Facilities Could Adversely Affect The Companies.
  7. A Cyber Attack Could Adversely Affect The Companies.Cybersecurity
  8. AI is an emerging area of technology that has the potential to impact various aspects of the Companies’ business operations and customer interactions.newAI
  9. The Failure of Processes and Systems, the Failure to Retain and Attract Employees and Contractors, and Their Negative Performance Could Adversely Affect The Companies.
  10. Environmental Risks:
  11. The Companies Are Exposed To Risks From The Environmental Consequences Of Their Operations, Including Increased Costs Related To Climate Change.
  12. Financial and Market Risks:
  13. Con Edison’s Ability To Pay Dividends Or Interest Depends On Dividends From Its Subsidiaries.
  14. Changes To Tax Laws Could Adversely Affect the Companies.
  15. The Companies Require Access To Capital Markets To Satisfy Funding Requirements.
  16. A Disruption In The Wholesale Energy Markets, Increased Commodity Costs Or Failure By An Energy Supplier or Customer Could Adversely Affect The Companies.
  17. Other Risks:
  18. The Companies Face Risks Related To Health Epidemics And Other Outbreaks.
  19. The Companies’ Strategies May Not Be Effective To Address Changes In The External Business Environment.
  20. The Companies Face Risks Related To Supply Chain Disruptions, Inflation and the Imposition of Tariffs (or Subsequent Changes to the Tariffs once Announced or Implemented).rewordedTariffs
  21. The Companies Also Face Other Risks That Are Beyond Their Control.

Read these in Item 1A · See the changes

Headings are the lines of Item 1A set wholly in bold or italics, as the parser reads them, without the introductory paragraph that opens the section. A heading is new when no heading in the prior 10-K matches it after ignoring case and punctuation, and reworded when it shares at least 60 percent of its words with one that went away. Source: the filing on sec.gov.