Central Hudson Gas & Electric seeks permission from state officials to raise electric, gas rates

The increases would generate $181 million in extra income for the company.

Ben Nandy and Rob Taub

Aug 7, 2023, 9:22 PM

Updated 254 days ago

Share:

Central Hudson Gas & Electric says it is seeking permission from the New York Public Service Commission to raise electric and gas rates by more than 15%.
They told News 12 this increase would replace an aging infrastructure and meet green energy goals. The approval would increase electric bills by 16% and 19% for gas.
"It's something we must put into our budget,” said The Barber Lounge owner Jesse Almodovar. “Hopefully, it doesn't go up too much so we have to pass it on to our clients or our customers."
According to Central Hudson’s request, the increases would also generate $181 million in extra income for the company.
"We want to work with our lawmakers,” said Central Hudson Gas & Electric spokesperson Joe Jenkins. “We want to work with our customers. This rate proposal that we filed is just that. It's a proposal."
"As you know, living on a fixed income is not easy especially in a state where everything's expensive and inflations through the roof,” added Assembly Member A.J. Beephan.
The rate increase request has nothing to with costs related to its recent billing errors according to Central Hudson, as the company pledged to fix its billing practices after about 8,000 customers were incorrectly billed.
The process for approval is expected to take 11 months and be handled by the Public Service Commission.


More from News 12
1:45
White Plains carefully welcomes New York's legal cannabis industry

White Plains carefully welcomes New York's legal cannabis industry

2:00
Light rain, spotty drizzle for Thursday throughout the Hudson Valley

Light rain, spotty drizzle for Thursday throughout the Hudson Valley

0:23
Gov. Hochul: State Legislature experienced a cyberattack

Gov. Hochul: State Legislature experienced a cyberattack

0:28
Village of Port Chester road resurfacing work to begin Thursday, continue through next week

Village of Port Chester road resurfacing work to begin Thursday, continue through next week

0:40
Putnam Northern Westchester BOCES host regional union career and technical education info event

Putnam Northern Westchester BOCES host regional union career and technical education info event

0:21
Bedford named 2024's 'Safest City in New York'

Bedford named 2024's 'Safest City in New York'

0:39
Yonkers officials announce creation of Revolutionary Yonkers 250

Yonkers officials announce creation of Revolutionary Yonkers 250

2:34
Black Maternal Health Week: Data reveals women of color continue to face preventable dangers during childbirth

Black Maternal Health Week: Data reveals women of color continue to face preventable dangers during childbirth

0:32
DOT announces Sprain Brook Parkway lanes closures for the remainder of work week

DOT announces Sprain Brook Parkway lanes closures for the remainder of work week

0:31
President Biden to visit Westchester for fundraiser on Thursday

President Biden to visit Westchester for fundraiser on Thursday

1:47
Rockland Hasidic leaders hope to salvage sacred Torah scrolls after fire destroys synagogue

Rockland Hasidic leaders hope to salvage sacred Torah scrolls after fire destroys synagogue

1:37
Newburgh babysitter sentenced to 9 months in jail for toddler beating

Newburgh babysitter sentenced to 9 months in jail for toddler beating

0:34
2 Westchester corrections officers fired over violations that led to prisoner's escape

2 Westchester corrections officers fired over violations that led to prisoner's escape

0:52
Heavy smoke and flames captured on video during Chester fire at Whispering Hills

Heavy smoke and flames captured on video during Chester fire at Whispering Hills

0:47
Army financial counselor pleads guilty to defrauding Gold Star families, including Hudson Valley military mom

Army financial counselor pleads guilty to defrauding Gold Star families, including Hudson Valley military mom

0:49
New Rochelle house damaged by 2-alarm fire

New Rochelle house damaged by 2-alarm fire

0:26
K-9 Officer Ike receives bulletproof vest in Mamaroneck

K-9 Officer Ike receives bulletproof vest in Mamaroneck

0:41
Peekskill City Council member charged, accused of filing petitions with forged signatures

Peekskill City Council member charged, accused of filing petitions with forged signatures

Vote 2024: Ask your questions for Congressional District 16 Democratic candidates

Vote 2024: Ask your questions for Congressional District 16 Democratic candidates

Guide: Stay safe while traveling through work zones with these 6 tips

Guide: Stay safe while traveling through work zones with these 6 tips