A severe storm on July 25, 2025, caused widespread destruction on Staten Island, including downed trees, power outages affecting 17,800 customers, and traffic disruptions. Con Edison restored power to nearly all customers by Saturday morning, though 255 remained without electricity as of 6 a.m. on Saturday.

American Electric Power (AEP) is set to release its second-quarter 2025 earnings results on July 30, following a 10.79% earnings surprise in the previous quarter. Factors influencing Q2 results include warmer-than-normal weather boosting electricity demand, infrastructure damage from severe weather events, and mixed impacts on revenue and expenses. Other utility companies like Entergy, Consolidated Edison, and Xcel Energy also have upcoming earnings reports with projected performance metrics.

CenterPoint Energy reported Q2 2025 adjusted earnings of 29 cents per share, missing the Zacks Consensus Estimate of 34 cents, with a 19.4% year-over-year decline. Revenues rose 2% YoY to $1.94 billion, outperforming the Zacks Estimate. The company faced higher expenses and financing costs, though interest expenses decreased. It reaffirmed 2025 earnings guidance of $1.74-$1.76 per share. Other utilities, including Entergy, Consolidated Edison, and Xcel Energy, are scheduled to release Q2 2025 results with varying earnings and revenue estimates.

A storm caused power outages in New York City, affecting thousands of customers, with Con Edison working to restore service and urging conservation.

Con Edison is restoring power to over 19,700 residents in Brooklyn and Staten Island after a storm that disrupted electricity across the tri-state area.