The metal plate Ms. Lane stepped on had become electrified by a wire inside a utility box that had not been properly insulated. The shock killed her, though her dogs survived. Since then, her father, a 57-year-old engineer, haunted by her death, has learned about electrical systems and pushed Con Ed to overhaul its safety policies.

Those efforts were part of yesterday's settlement. The panel of electrical experts will monitor the utility's efforts to expand training for first responders in handling electrical emergencies. It will also oversee the utility's efforts to detect and repair stray-voltage problems, and produce reports that it will release to the public and the Lane family.

Of the $6.25 million to be paid to the Lane family, $5.27 million is for the claim of wrongful death and $975,000 is for Ms. Lane's pain and suffering, according to papers filed in Surrogate's Court in Manhattan yesterday. Under the terms of the settlement, the company will pay about $7.25 million, including the scholarship.

Eugene R. McGrath, chairman and chief executive of Con Edison, said in a statement yesterday that "the men and women of Con Edison deeply regret the tragic death of Jodie S. Lane," and that "this settlement allows us to demonstrate our continuing commitment to making New York a better place."

In settling, the company appeared to acknowledge fault in Ms. Lane's death, a conclusion its own investigators seemed to have reached several months after she died, when they found that workers had improperly insulated a wire.

Legal experts said the settlement was remarkable in several ways. Wrongful death settlements in which the person who died was unmarried and childless, as was Ms. Lane, are rarely so big. And the amount exceeded the maximum single payout from the federal fund set up to compensate families of Sept. 11 victims, which was just under $7 million.

"It's unusually large," said Oscar Chase, a law professor at New York University Law School. "This is definitely in the upper range of what I've seen in any case in New York."