POUGHKEEPSIE – Central Hudson has increased their rates recently, and, combined with possible billing glitches, created a public backlash which prompted the utility company to respond. Central Hudson is blaming global events and strong demand for energy worldwide as the foundation for soaring energy costs.
“Global events and strong demand for energy worldwide continue to place upward pressure on energy prices. Market analysts now predict higher costs will be sustained through much of 2022, particularly in light of events in eastern Europe,” said Central Hudson in a prepared statement.
“A confluence of increased economic activity, constrained energy supplies, weather, and global factors continue to affect energy prices,” said Charles Freni, President and CEO of Central Hudson Gas & Electric Corporation. “This has impacted the prices of electricity and natural gas that Central Hudson delivers to our customers.” To view a video released by Central Hudson on rising energy prices and bill payment and assistance programs offered by Central Hudson, click here.
State Assemblyman Jonathan Jacobson has responded to the public outcry by organizing a virtual forum for Central Hudson customers to discuss the billing practices of the utility company. Information on Thursday’s forum can be found by clicking here.
Electricity and natural gas are provided by independent generators and suppliers in the competitive energy marketplace. The prices for other utility bill components, including taxes and delivery charges, are regulated and stable. Utility bills reflect both the price of energy and usage.
Supply prices for electricity continue to be variable, and bills in March will also depend on market prices, weather, individual usage, and billing cycles.
“Higher energy costs harm our customers and the communities we serve,” said Freni. “The energy resources produced in the United States now supply both domestic and international needs. We must ensure that state and federal policies allow for the expansion of critical energy infrastructure of all types to ensure robust and diverse energy supplies at stable prices, particularly as we transition to lower carbon resources.”
