PECO was founded in 1900 and is a classic utility company. Central Hudson provides electricity to more than 300,000 customers in the Mid-Hudson Valley. The area of service extends from the suburbs of New York City to Albany. In addition to providing energy, Central Hudson Electric maintains the grid that serves its customers. Central Hudson Electric works closely to ensure that its customers have power at the appropriate time. The company also maintains its power lines and equipment.
Central Hudson Electric supplies meters which monitor the amount of power used by consumers. The company’s bills contain the average price of power per kilowatt-hour, which is expressed in cents. The price may vary based on the time of the day. It also has an additional charge for system benefits, which includes energy efficiency projects for the grid. To ensure that customers are supplied with energy throughout the day the company has made enhancements to its system.
Central Hudson has been implementing a time-of-use rate program, which allows customers to make use of more power during periods of low prices. Customers can also join a local shared-solar farm. These programs can help reduce energy consumption in homes and reduce the cost of your bills. The company also offers bill discounts for customers with low incomes.
Central Hudson has been working closely with the New York State Department of Public Service to implement the new customer information system. It was also approved by the PSC to implement an Electric and Gas Bill Relief Program. This program will reduce the balances that are due for customers who are part of government assistance programs.
In February, Central Hudson warned customers of a rise of 46% in electric bills. Central Hudson stated that the increase would be temporary. However customers began receiving rapidly fluctuating bills. The utility left 67,000 households without power for four days during a winter storm. The company estimated that the average household consumed 870 cubic centimeters of natural gas each year.
Customers who reside in Central Hudson will be affected by the rate hike. According to the company the company, all New York customers will be affected by the rate hike starting November 20 2021. The utility will invest $31 million to provide bill discounts to low-income customers. It will also invest in energy efficiency improvements to reduce energy consumption in homes. The utility plans to invest in clean electricity in order to reduce carbon emissions.
Central Hudson Gas & Electric Corporation submitted a petition to the New York State Department of Public Service. The utility asked for an increase in base delivery revenue of $32.8 million. The company also submitted a report detailing its anticipated rates.
Central Hudson also has an Electric and Gas Bill Relief Program. Customers who are eligible for government assistance will see their past due bills reduced through credits on their bills. The company is also trying to improve its infrastructure. It has rerouted power lines and installed new technology and maintained its power lines. The company encourages employee volunteer efforts to improve quality of life.