Central Hudson, Parties Submit Multi-Year Rate Settlement; Low Income Customers to See Rate Decrease in Year One

Central Hudson Gas & Electric Corp., today announced that the utility, the Staff of the New York State Department of Public Service and other parties to the utility’s rate proceeding, signed and filed a proposed multi-year agreement for delivery rates. If approved, the new three-year rate plan would allow the company to continue making critical infrastructure investments to help improve reliability, protect the grid and customers against cyber-attacks, and help New York achieve its clean energy targets while minimizing bill impacts to most customers, and immediately decrease total bills for low-income customers.

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