Central Hudson Energy Rates
Central Hudson Electric, a traditional utility company based in the Mid-Hudson River Valley serves electric and gas customers throughout the region. In 2013, Central Hudson merged with Fortis Inc. and became a subsidiary of the Fortune 500 company. Central Hudson aims to provide secure and reliable infrastructure for its customers and to improve service for all of its customers. The employees of the company are committed to improving the quality of life of others.
Central Hudson is responsible to ensure a reliable and safe infrastructure. It supplies electricity and other commodities to the community. It also responds to power outages. It maintains power lines, meters, as well other equipment. It also installs new technology and repairs to any disruptions. The company also supports the United Way as well as employee volunteer programs. It encourages the use of energy efficient appliances.
Central Hudson has been operating for more than 100 years. Central Hudson applied for a rate hike in July 2014. The request was accepted by the Public Service Commission. Central Hudson recently upgraded its billing system. However, customers might not know all charges that will be included on their next bill.
Central Hudson’s rates fluctuate based on the time of year. Central Hudson’s rates rise due to the rise in electricity prices. The PSC established rates that were just and fair. It required utilities to improve communication with consumers about the cost of energy. The company was given a small credit on their bill. Customers who qualify to receive the credit can use it to pay down their balances due. It will also fund energy efficiency projects across the grid. The company will also offer discounts to low-income customers for $31 million.
The company has a budget plan which will make monthly payments consistent over 11 months of the year. The company’s electric delivery revenues will decline by $1.1 million in the first year of the plan. However, the company’s gas delivery revenues will rise by $3.9 million in the first year , and $4 million in the second year.
Customers who qualify for government assistance will receive credit for past due balances. In the first year the typical residential natural gas customer will see a reduction in their bill. The bill will increase by 5 percent in the second year.
Customers in New Paltz received a letter of denial. Due to the billing issue that first caused the problem, they did not receive their bills. However, the town supervisor has said that the situation has improved since the winter of last year. He also said that he has spoken with representatives from Central Hudson.
The company is planning to produce 100% carbon-free electricity by 2040. It offers a renewable portfolio standard cost which assists the utility in its transition to greener energy. The company also plans to invest in new technologies and enhance its delivery network. The company has a joint proposal with environmental groups as well as department personnel.
Central Hudson Electric has been striving to provide its customers with safe and reliable energy delivery systems for more than a century. Central Hudson Electric has made millions of dollars of investments in its system, which includes new technology and metering.