Tali Farhadian to Join Con Edison Board of Directors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: PRnewswire
- New Board Member: Con Edison announced that Tali Farhadian will join its Board of Directors effective July 1, 2026, bringing significant legal and regulatory expertise that is expected to enhance the board's strategic guidance and diversity.
- Rich Legal Background: Farhadian has held positions in various legal institutions, including the U.S. Supreme Court and the U.S. Attorney's Office for the Eastern District of New York, and her extensive legal experience will aid Con Edison in navigating complex regulatory challenges.
- Public Service Experience: As a Trustee of the New York Public Library and the incoming CEO of the Museum of Jewish Heritage, Farhadian's active engagement in public service will enhance Con Edison's community image and influence, fostering better relationships with the public.
- Educational and Professional Achievements: Holding a bachelor's and law degree from Yale University and a master's from Oxford University as a Rhodes Scholar, Farhadian's academic accomplishments will bring fresh perspectives and innovative thinking to the board.
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Analyst Views on ED
Wall Street analysts forecast ED stock price to fall
10 Analyst Rating
1 Buy
4 Hold
5 Sell
Moderate Sell
Current: 110.950
Low
86.00
Averages
102.00
High
118.00
Current: 110.950
Low
86.00
Averages
102.00
High
118.00
About ED
Consolidated Edison, Inc. is a holding company. The Company, through its subsidiaries, Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc., provides a range of energy-related products and services to its customers. CECONY is a regulated utility providing electric service in New York City and New York’s Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan. O&R, along with its electric utility subsidiary, Rockland Electric Company, provides electric service in southeastern New York and northern New Jersey and gas service in southeastern New York. O&R delivers gas to customers in southeastern New York. Con Edison Transmission, Inc. falls primarily under the oversight of the Federal Energy Regulatory Commission, which develops and invests in electric transmission projects and owns, through joint ventures, both electric and gas assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tali Farhadian to Join Con Edison Board of Directors
- New Board Member: Con Edison announced that Tali Farhadian will join its Board of Directors effective July 1, 2026, bringing significant legal and regulatory expertise that is expected to enhance the board's strategic guidance and diversity.
- Rich Legal Background: Farhadian has held positions in various legal institutions, including the U.S. Supreme Court and the U.S. Attorney's Office for the Eastern District of New York, and her extensive legal experience will aid Con Edison in navigating complex regulatory challenges.
- Public Service Experience: As a Trustee of the New York Public Library and the incoming CEO of the Museum of Jewish Heritage, Farhadian's active engagement in public service will enhance Con Edison's community image and influence, fostering better relationships with the public.
- Educational and Professional Achievements: Holding a bachelor's and law degree from Yale University and a master's from Oxford University as a Rhodes Scholar, Farhadian's academic accomplishments will bring fresh perspectives and innovative thinking to the board.
See More
Tali Farhadian to Join Consolidated Edison Board of Directors
- New Board Member: Consolidated Edison has announced that Tali Farhadian will join its Board of Directors effective July 1, 2026, bringing her extensive legal and regulatory experience, which is expected to positively impact corporate governance.
- Leadership Transition: Farhadian will become the Chief Executive Officer of the Museum of Jewish Heritage on September 8, 2026, a role that will enhance her influence in public affairs and potentially create new collaboration opportunities for Consolidated Edison.
- Rich Legal Background: Having served in various legal capacities, including as a clerk for U.S. Supreme Court justices, her exceptional legal expertise will assist the company in navigating complex regulatory environments.
- Education and Public Service: With a bachelor's and law degree from Yale and a master's from Oxford as a Rhodes Scholar, her academic and civic engagement will add diverse perspectives to the Board.
See More
Con Edison Upsizes Grid Equipment to Tackle Heat Waves
- Grid Equipment Upgrade: CEO Tim Cawley stated at the Reuters Global Energy Forum that Con Edison plans to 'upsize' its grid equipment to withstand longer and hotter heat waves, avoiding a fundamental overhaul of the system, thereby enhancing grid resilience and reliability.
- Renewable Energy Utilization: Cawley emphasized that New York should better leverage rooftop solar, battery storage, demand response, and grid data to improve efficiency and control costs, which not only meets the growing electricity demand but also promotes the use of renewable energy.
- Load Growth Drivers: Despite increased demand from data centers, Con Edison currently operates at about 60 MW, significantly lower than the ~800 MW cited by some utilities, with electrification of transport and heating remaining the primary drivers of load growth, indicating market potential.
- AI Applications: Cawley noted that artificial intelligence and enhanced real-time visibility into the grid could further improve operations by optimizing voltage, reducing consumption, cutting emissions, and lowering customer bills while maintaining reliability, showcasing the importance of technology in the power sector.
See More
Con Edison CEO Discusses Grid Upgrades at Energy Forum
- Grid Equipment Upgrade: Con Edison CEO Tim Cawley stated at the Global Energy Forum in New York that the utility must upsize parts of its grid equipment to withstand longer and hotter heat waves, while avoiding a fundamental overhaul of the system to meet extreme weather and growing demand.
- Demand Growth Insights: Cawley noted that while demand from data centers is increasing, currently at around 60 megawatts, it remains significantly lower than the roughly 800 megawatts cited by some utilities, with electrification of transport and heating being the main drivers of load growth.
- Support for Renewables: He backed utility-owned large-scale renewable projects, particularly those linked by transmission to downstate demand centers, emphasizing their importance in meeting future electricity needs and enhancing grid resilience.
- Smart Technology Implementation: Cawley highlighted that artificial intelligence and enhanced real-time visibility into the grid could further improve operations, allowing the company to optimize voltage, reduce consumption, cut emissions, and lower customer bills while maintaining reliability through data from smart meters and system telemetry.
See More
Alliant Energy Benefits from Economic Growth and Regulated Structure
- Customer Base Expansion: Alliant Energy has secured a new 370-megawatt electric service agreement in Iowa, raising its total contracted data center load to approximately 3.4 gigawatts, significantly enhancing revenue visibility and supporting sustained growth opportunities.
- Capital Investment Strategy: The company plans to invest $13.4 billion from 2026 to 2029, with about 72% directed toward clean energy and storage projects, thereby driving 12% rate-based growth, enhancing system reliability, and promoting sustainable profitability.
- Economic Development Boost: Ongoing economic development in Alliant Energy's service areas is increasing customer demand, reducing reliance on any single customer segment, which enhances earnings stability and creates favorable conditions for strong financial performance.
- Compliance Risk Management: Although the company operates under stringent federal and state environmental regulations, rising compliance costs may not be fully recoverable from customers, and any noncompliance or regulatory changes could adversely affect financial performance.
See More
Con Edison Launches Electric School Bus Initiative in South Bronx
- Electric Bus Initiative: Con Edison is launching New York State's largest fleet of electric school buses, replacing 45 fossil fuel-powered buses, which is expected to prevent 1 million pounds of carbon emissions annually, significantly improving air quality and health for children in the South Bronx.
- Infrastructure Investment: GVC has installed 23 dual-port chargers at its depot, with Con Edison providing $450,000 in incentives to support the charging infrastructure for electric buses, demonstrating the company's commitment to clean energy transition.
- Community Health Improvement: The project will serve approximately 800 children, completing an estimated 4,100 student trips weekly, reducing transportation pollution and enhancing the quality of life in the South Bronx, particularly for children with special needs.
- Policy Support and Collaboration: The initiative is supported by the New York State Energy Research and Development Authority, which helps lower the upfront costs for school fleet transitions, promoting environmental justice and ensuring children learn and grow in a safe, clean environment.
See More
Tali Farhadian to Join Con Edison Board of Directors
- New Board Member: Con Edison announced that Tali Farhadian will join its Board of Directors effective July 1, 2026, bringing significant legal and regulatory expertise that is expected to enhance the board's strategic guidance and diversity.
- Rich Legal Background: Farhadian has held positions in various legal institutions, including the U.S. Supreme Court and the U.S. Attorney's Office for the Eastern District of New York, and her extensive legal experience will aid Con Edison in navigating complex regulatory challenges.
- Public Service Experience: As a Trustee of the New York Public Library and the incoming CEO of the Museum of Jewish Heritage, Farhadian's active engagement in public service will enhance Con Edison's community image and influence, fostering better relationships with the public.
- Educational and Professional Achievements: Holding a bachelor's and law degree from Yale University and a master's from Oxford University as a Rhodes Scholar, Farhadian's academic accomplishments will bring fresh perspectives and innovative thinking to the board.
See More
Tali Farhadian to Join Consolidated Edison Board of Directors
- New Board Member: Consolidated Edison has announced that Tali Farhadian will join its Board of Directors effective July 1, 2026, bringing her extensive legal and regulatory experience, which is expected to positively impact corporate governance.
- Leadership Transition: Farhadian will become the Chief Executive Officer of the Museum of Jewish Heritage on September 8, 2026, a role that will enhance her influence in public affairs and potentially create new collaboration opportunities for Consolidated Edison.
- Rich Legal Background: Having served in various legal capacities, including as a clerk for U.S. Supreme Court justices, her exceptional legal expertise will assist the company in navigating complex regulatory environments.
- Education and Public Service: With a bachelor's and law degree from Yale and a master's from Oxford as a Rhodes Scholar, her academic and civic engagement will add diverse perspectives to the Board.
See More
Con Edison Upsizes Grid Equipment to Tackle Heat Waves
- Grid Equipment Upgrade: CEO Tim Cawley stated at the Reuters Global Energy Forum that Con Edison plans to 'upsize' its grid equipment to withstand longer and hotter heat waves, avoiding a fundamental overhaul of the system, thereby enhancing grid resilience and reliability.
- Renewable Energy Utilization: Cawley emphasized that New York should better leverage rooftop solar, battery storage, demand response, and grid data to improve efficiency and control costs, which not only meets the growing electricity demand but also promotes the use of renewable energy.
- Load Growth Drivers: Despite increased demand from data centers, Con Edison currently operates at about 60 MW, significantly lower than the ~800 MW cited by some utilities, with electrification of transport and heating remaining the primary drivers of load growth, indicating market potential.
- AI Applications: Cawley noted that artificial intelligence and enhanced real-time visibility into the grid could further improve operations by optimizing voltage, reducing consumption, cutting emissions, and lowering customer bills while maintaining reliability, showcasing the importance of technology in the power sector.
See More
Con Edison CEO Discusses Grid Upgrades at Energy Forum
- Grid Equipment Upgrade: Con Edison CEO Tim Cawley stated at the Global Energy Forum in New York that the utility must upsize parts of its grid equipment to withstand longer and hotter heat waves, while avoiding a fundamental overhaul of the system to meet extreme weather and growing demand.
- Demand Growth Insights: Cawley noted that while demand from data centers is increasing, currently at around 60 megawatts, it remains significantly lower than the roughly 800 megawatts cited by some utilities, with electrification of transport and heating being the main drivers of load growth.
- Support for Renewables: He backed utility-owned large-scale renewable projects, particularly those linked by transmission to downstate demand centers, emphasizing their importance in meeting future electricity needs and enhancing grid resilience.
- Smart Technology Implementation: Cawley highlighted that artificial intelligence and enhanced real-time visibility into the grid could further improve operations, allowing the company to optimize voltage, reduce consumption, cut emissions, and lower customer bills while maintaining reliability through data from smart meters and system telemetry.
See More
Alliant Energy Benefits from Economic Growth and Regulated Structure
- Customer Base Expansion: Alliant Energy has secured a new 370-megawatt electric service agreement in Iowa, raising its total contracted data center load to approximately 3.4 gigawatts, significantly enhancing revenue visibility and supporting sustained growth opportunities.
- Capital Investment Strategy: The company plans to invest $13.4 billion from 2026 to 2029, with about 72% directed toward clean energy and storage projects, thereby driving 12% rate-based growth, enhancing system reliability, and promoting sustainable profitability.
- Economic Development Boost: Ongoing economic development in Alliant Energy's service areas is increasing customer demand, reducing reliance on any single customer segment, which enhances earnings stability and creates favorable conditions for strong financial performance.
- Compliance Risk Management: Although the company operates under stringent federal and state environmental regulations, rising compliance costs may not be fully recoverable from customers, and any noncompliance or regulatory changes could adversely affect financial performance.
See More
Con Edison Launches Electric School Bus Initiative in South Bronx
- Electric Bus Initiative: Con Edison is launching New York State's largest fleet of electric school buses, replacing 45 fossil fuel-powered buses, which is expected to prevent 1 million pounds of carbon emissions annually, significantly improving air quality and health for children in the South Bronx.
- Infrastructure Investment: GVC has installed 23 dual-port chargers at its depot, with Con Edison providing $450,000 in incentives to support the charging infrastructure for electric buses, demonstrating the company's commitment to clean energy transition.
- Community Health Improvement: The project will serve approximately 800 children, completing an estimated 4,100 student trips weekly, reducing transportation pollution and enhancing the quality of life in the South Bronx, particularly for children with special needs.
- Policy Support and Collaboration: The initiative is supported by the New York State Energy Research and Development Authority, which helps lower the upfront costs for school fleet transitions, promoting environmental justice and ensuring children learn and grow in a safe, clean environment.
See More
