Dive Summary:
- Consolidated Edison (Con Ed) said its costs related to Hurricane Sandy damage and recovery could climb as high as $450 million.
- The estimates are based on figures culled from the aftermath of 2011's Hurricane Irene, which caused just a fifth of the damage that Sandy did.
- Much of Con Ed's underground electrical equipment was damaged, while areas with overhead power lines were littered with more than 100,000 downed wires, blocked roads, and flooding.
From the article:
The U.S. Department of Energy said there were 166,499 customers without power in New York, New Jersey and West Virginia on Sunday following both storms.
The number was down from Saturday's tally of 289,239 in the three states and more than 8.5 million in 21 states along the East Coast after the hurricane came ashore on the New Jersey coast on October 29. ...