Central Hudson Electric is a traditional utility company that provides electricity and natural gas to more than 300,000 customers within the Mid-Hudson River Valley of New York. It was established in 1900 and serves the entire region from Albany to Poughkeepsie. In 2013 the company merged with Fortis Inc., which allowed for better access to capital. After approval from the regulatory authorities the two companies were joined to form CH Energy Group, Inc. Customers received close to $50 million in financial benefits from the new company.
The company employs a dedicated team of employees who are proud of serving their communities. They are committed to providing an efficient and secure infrastructure. The company supports employee volunteer programs and the United Way as part of this commitment.
Central Hudson Electric works closely with its grid operator to ensure that energy is delivered to customers in a timely manner. Among its services it also maintains power lines and responds to outages. It also offers a time-of-use rate program that allows for different rates on power at specific times. This program allows consumers to save money on their electricity bills.
In Rate Year 2, the company’s electric rates will increase by $17 million. There will also be a 6.1 million increase in gas prices. The bill will be higher than the previous year’s. One of the most important elements of the bill is the electric rate. The electric rate is the price of electric power for Central Hudson’s customers. You can find the rate on your most recent electric bill.
In addition to the electric supply fee in addition, you’ll also need to pay a Merchant Function Charge as well as a Gas Supply Charge and Market Price Adjustment. These charges cover the costs of independent marketers billing through Central Hudson’s billing system. New York state mandates a System Benefits Charge to help fund energy efficiency initiatives and projects. Visit the Power to Choose website to learn more about these charges.
Customers who qualify for government assistance can avail an account credit that automatically reduces the past-due balance on their bills. The company will inform eligible customers about their eligibility and will process the bill credit. However the ERAP account won’t be credited until the customer’s eligibility is established.
Central Hudson also offers the Electric and Gas Bill Relief Program that was approved by the New York State Public Service Commission. This program is available for low-income customers as well as those who qualify for heating assistance. The program doesn’t stop service for those who are eligible.
Customers are accountable for their energy bills. However they can reduce their bill by switching to energy providers or installing energy efficiency upgrades. The cost of green energy can be reduced to zero. If you’re looking for the possibility of a new energy provider and want to know more, contact Central Hudson to find out whether your community is serviced by an ESCO.
Customers can opt out of Community Choice Aggregation (CCA). Although the program is a method for municipalities to access energy supply, it does not disrupt Central Hudson’s customers.