CH Energy Group, Inc. is most known for its subsidiary Central Hudson Gas & Electric, commonly known as Central Hudson. Central Hudson Gas & Electric delivers electricity and natural gas
to residents of a service territory that extends north from the suburbs of metropolitan
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
to the Capital District at
Albany. It is a subsidiary of
Fortis Inc.
Fortis Inc. is a Canadian electric utility holding company, based in St. John's, Newfoundland and Labrador. It operates in Canada, the United States, Central America and the Caribbean. In 2015, it earned .
Fortis was formed in 1987, when shareho ...
, a diversified electric utility holding company based in Canada, though Central Hudson is headquartered in
Poughkeepsie
Poughkeepsie ( ) is a city within the Town of Poughkeepsie, New York. It is the county seat of Dutchess County, with a 2020 census population of 31,577. Poughkeepsie is in the Hudson River Valley region, midway between the core of the New ...
, New York.
Central Hudson has faced public backlash in
Ulster County, with the retired, young parents, and small business owners complaining about arbitrary rate increases. On 4 February 2025, the
City of Kingston passed a municipal
resolution in favor of the
Hudson Valley Power Authority Act.
History
Central Hudson Gas & Electric Corporation was officially formed in 1925 after a merger of 80-plus independent electric and gas companies in the state of New York.
Later, CH Energy Group, Inc. was formed as a parent organization of Central Hudson Gas & Electric Corporation and a family of subsidiaries known as Central Hudson Enterprises Corporation (CHEC) in 2000.
CHEC is a non-regulatory subsidiary, composed primarily of Griffith Energy Services, which supplies petroleum products and related services to approximately 56,000 customers in the Mid Atlantic Region.
In 2013, Fortis Inc. acquired CH Energy Group for US$1.5 billion which included the assumption of approximately US$500 million of debt.
Operations
Central Hudson is the only electricity and natural gas delivery provider for the 300,000 electric and 78,000 natural gas customers residing in their service territory.
New York is an
open market
The term open market is used generally to refer to an economic situation close to free trade. In a more specific, technical sense, the term refers to interbank trade in securities.
In economic theory
Economists judge the "openness" of markets a ...
state for electricity; customers can choose who buys and resells their supply of energy since utilities are generally not permitted to operate the power plants that provide electricity in the state of New York; however, Central Hudson must be contracted to deliver the energy. Central Hudson's delivery rate is fixed and must be approved by a regulatory review and approval process involving the
Public Service Commission Public Service Commission may refer to:
* Public utilities commission
** Alabama Public Service Commission
** Public Service Commission (Indiana)
** Public Service Commission of Utah
** Public Utilities Commission of Ohio
** Public Utilities Com ...
.
In 2020, electric and gas revenue for the year was $711,895,000.
See also
*
Lelan Sillin, Jr.
*
Walkway over the Hudson
References
{{Reflist
External links
Central Hudson official site
Fortis Inc.
Electric power companies of the United States