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Income Tax (Tables)
6 Months Ended
Jun. 30, 2018
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Reconciliation
Reconciliation of the difference between income tax expense and the amount computed by applying the prevailing statutory income tax rate to income before income taxes for the six months ended June 30 is as follows:

 
Con Edison
CECONY
(% of Pre-tax income)
2018

2017

2018

2017

STATUTORY TAX RATE
 
 
 
 
Federal
21
 %
35
 %
21
 %
35
 %
Changes in computed taxes resulting from:
 
 
 
 
State income tax
5

4

5

4

Cost of removal
1

2

1

2

Other plant-related items
(1
)
(1
)
(1
)
(1
)
Change in deferred taxes

(1
)


Renewable energy credits
(2
)
(1
)


Amortization of excess deferred federal income taxes
(4
)

(4
)

Other

(1
)

(1
)
Effective tax rate
20
 %
37
 %
22
 %
39
 %
Reconciliation of the difference between income tax expense and the amount computed by applying the prevailing statutory income tax rate to income before income taxes for the three months ended June 30 is as follows:

 
Con Edison
CECONY
(% of Pre-tax income)
2018

2017

2018

2017

STATUTORY TAX RATE
 
 
 
 
Federal
21
 %
35
 %
21
 %
35
 %
Changes in computed taxes resulting from:
 
 
 
 
State income tax
5

3

4

3

Cost of removal
2

3

2

3

Other plant-related items
(1
)
(2
)
(1
)
(2
)
Renewable energy credits
(3
)
(2
)


Amortization of excess deferred federal income taxes
(7
)

(8
)

Other


(1
)

Effective tax rate
17
 %
37
 %
17
 %
39
 %