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Current Expected Credit Losses | 9 Months Ended
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Sep. 30, 2025
Credit Loss [Abstract] |
Current Expected Credit Losses | Current Expected Credit Losses Allowance for Uncollectible Accounts The Utilities’ “Account receivable – customers” balance consists of utility bills due (bills are generally due the month following billing) from customers who have energy delivered, generated, or services provided by the Utilities. The balance also reflects the Utilities’ purchase of receivables from energy service companies to support the retail choice programs. The “Other receivables” balance generally reflects costs billed by the Utilities for goods and services provided to external parties, such as accommodation work for private parties and certain governmental entities, real estate rental and pole attachments. The Companies develop expected loss estimates using past events data and consider current conditions and future reasonable and supportable forecasts. Changes to the Utilities’ reserve balances that result in write-offs of customer accounts receivable balances above existing rate allowances are not reflected in rates during the term of the current rate plans. For the Utilities’ allowance for uncollectible accounts for customer accounts receivable, which includes accrued unbilled revenue, past events considered include write-offs relative to customer accounts receivable; current conditions include macro-and micro-economic conditions related to trends in the local economy, reconnection rates and current and aged customer accounts receivable balances, including final balances, among other factors; and forecasts about the future include assumptions related to th e level of write-offs and recoveries. The change to the allowance for customer uncollectible accounts for Con Edison and CECONY was $(5) million for the three months ended September 30, 2025 and $(10) million and $(5) million respectively, for the nine months ended September 30, 2025. The increases to the allowance for customer uncollectible accounts for Con Edison and CECONY were $27 million and $29 million, respectively, for t he three months ended September 30, 2024 and $101 million and $95 million, respectively, for the nine months ended September 30, 2024. Generally, the Utilities write off customer accounts receivable as uncollectible 90 days after the account is disconnected for non-payment, or the account is closed during the collection process. Other receivables allowance for uncollectible accounts is calculated based on a historical average of collections relative to total other receivables, including current receivables. Current macro- and micro-economic conditions are also considered when calculating the current reserve. Probable outcomes of pending litigation, whether favorable or unfavorable to the Companies, are also included in the consideration. Customer accounts receivable and the associated allowance for uncollectible accounts are included in the line “Accounts receivable – customers” on the Companies’ consolidated balance sheets. Other receivables and the associated allowance for uncollectible accounts are included in “Other receivables” on the Companies’ consolidated balance sheets. The table below presents a rollforward by major portfolio segment type for the three and nine months ended September 30, 2025 and 2024:
| For the Three Months Ended September 30,
| Con Edison | CECONY
| Accounts receivable - customers | Other receivables | Accounts receivable - customers | Other receivables
(Millions of Dollars) | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 |  | 2024
Allowance for credit losses |  |  |  |  |  |  |  |  |
Beginning Balance at July 1, | $615 | $434 | $42 | $25 | $605 | $419 | $35 |  | $21
Recoveries | 8 | — | — | — | 7 | — | — |  | —
Write-offs | (134) | (65) | (2) | — | (132) | (63) | (1) |  | —
Reserve adjustments | 121 | 92 | 20 | (1) | 120 | 92 | 19 |  | —
Ending Balance September 30, | $610 | $461 | $60 | $24 | $600 | $448 | $53 |  | $21
| For the Nine Months Ended September 30,
| Con Edison | CECONY
| Accounts receivable - customers | Other receivables | Accounts receivable - customers | Other receivables
(Millions of Dollars) | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024
Allowance for credit losses |  |  |  |  |  |  |  |
Beginning Balance at January 1, | $620 | $360 | $41 | $13 | $605 | $353 | $38 | $9
Recoveries | 31 | 17 | — | — | 30 | 13 | — | —
Write-offs | (352) | (160) | (6) | — | (346) | (152) | (5) | —
Reserve adjustments | 311 | 244 | 25 | 11 | 311 | 234 | 20 | 12
Ending Balance September 30, | $610 | $461 | $60 | $24 | $600 | $448 | $53 | $21

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