Annual Economic Impact
Central Hudson's overall annual economic impact is $2.6 billion. This includes wages, taxes and capital expenditures, as well as the impact these dollars have in the community as they generate economic activity. In addition, the company also provides substantial economic development and philanthropic funding.
EMPLOYMENT
5,324
JOBS
1,839 direct; 3,485 indirect
Each Central Hudson job leads to 1.9 additional jobs
$456M
TOTAL PAYROLL
From both direct and indrect employment, including impacts of capital expenditures and operations.
COMMUNITY (2021-23)
$2M
PHILANTHROPIC ACTIVITY
Includes arts & culture, heath & wellness, education, community support & more.
$950K
ECONOMIC DEVELOPMENT
Includes manufacturing, building revitalization and shovel-ready sites.
TAXES
Central Hudson serves 315,000 electric and 90,000 gas customers in New York’s Mid-Hudson Valley. This report was created by MRB Group, which used Lightcast to model the economic impacts. All data comes from 2023 unless otherwise noted.