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First Student and Con Edison launch cost-saving electric school bus charging in NYC, expanding fleet by 40 buses.

Market News
15 Sep 2026
PRNewsWire
View Source
Bullish
First Student and Con Edison launch cost-saving electric school bus charging in NYC, expanding fleet by 40 buses.

First Student and Con Edison completed the first phase of an electric school bus project for New York City's Department of Education, featuring First Student's First Charge™ trenchless charging infrastructure that cut construction costs by 13%. This innovative modular system avoids traditional underground trenching, reducing complexity and disruption in dense urban areas. Supported by funding from Con Edison and NYSERDA, the project also uses advanced load management to charge buses during off-peak hours, lowering energy costs. First Student plans to add 40 more electric buses and explore solar and smart energy hubs at Brooklyn facilities, advancing sustainable student transportation in NYC.

As of Sep 15, 2026 22:12 WIB, Consolidated Edison, Inc. (ED) trades at USD 105.56 on Pluang, showing a slight 0.21% decline in one day. The company maintains a substantial market capitalization of $39.37 billion and offers a dividend yield of 3.3%. This stable utility stock is part of ongoing efforts like the electric school bus infrastructure project in New York City, highlighting its role in sustainable energy solutions.

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