State PSC to hold virtual public hearings on Central Hudson’s proposed rate increases

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ALBANY – The State Public Service Commission will hold two virtual public hearings this Wednesday on Central Hudson Gas and Electric Corporation’s proposed changes in electric and gas delivery rates.

The hearings will be conducted at 1 p.m. and 6 p.m. on Webex.

The utility wants to increase its annual electric and gas delivery revenues effective July 1, 2021.

Central Hudson proposes to increase its electric delivery revenues by approximately $32.8 million, an 8.4 percent increase in base delivery revenues, or 5.1 percent in total system revenues.

That would increase the average monthly residential bill by $7.76, or 6.22 percent on the total bill.

The utility proposes to increase its gas delivery revenues by approximately $14.4 million, or a 12.1 percent increase in base delivery revenues, or 7.7 percent increase in total system revenues, which would result in a monthly bill increase of about $9.45, a 7.96 percent increase on the total bill.