Facing probe, Con Ed executives return Sandy bonuses

ALBANY, N.Y. — Four top Con Edison executives have returned $614,400 in bonuses after Governor Andrew Cuomo called for an investigation into why they were rewarded while the state’s utilities are being probed for what he has called a woeful performance during Superstorm Sandy.

In a letter to the company Monday, Cuomo said he has asked state regulators to look into the payments to Kevin Burke, Con Ed’s chairman and CEO, and the others and said ratepayers should not have to foot the bill for the bonuses.

The bonuses were granted for guiding the company through ‘‘significant challenges in 2012,’’ including Sandy, other bad weather, and a strike, a proxy statement for Con Ed’s annual meeting said.


Cuomo also questioned giving the bonuses while a state commission continues to evaluate how utilities performed during the storm.

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Burke said later Monday that ‘‘after careful consideration,’’ he was returning the $314,000 he was awarded.

Associated Press