NEW YORK Feb 16 Con Edison Inc has
reached a $153.3 million settlement with New York State stemming
from a fatal 2014 natural gas explosion in the East Harlem
section of Manhattan, New York Governor Andrew Cuomo said on
Cuomo said the settlement includes a more than $25 million
fund to benefit gas customers, and an agreement by Con Ed not to
seek reimbursement from customers for more than the $125.5
million it has spent on gas leak response activities since the
March 12, 2014 blast, which killed eight people.
The accord is the largest gas safety-related settlement in
New York history, Cuomo said.
(Reporting by Jonathan Stempel in New York, editing by G