Central Hudson Gas and Electric

About Central Hudson Gas and Electric

Central Hudson Gas and Electric is an investor owned company. The largest county served by Central Hudson Gas and Electric is Orange County, but the company also provides electricity in 8 counties in New York. Presently, 251,032 customers are provided electricity by the company. These customers are a mix of 215,608 residential accounts, 34,810 commercial customer accounts and 614 industrial customers. The average residential electricity price for Central Hudson Gas and Electric is about 14.99 cents per kilowatt hour, which is 12.04% less than the average state rate of 17.04 cents and 11.27% higher than the nationwide average of 13.47. They had sales of 2,584,095 megawatt hours in 2020 sold to end users. During the same timeframe, Central Hudson Gas and Electric produced 68,509 megawatt hours and obtained 2,786,955 megawatt hours through the wholesale electricity market. In 2020, the provider earned 75.53% of their revenue from retail electricity sales and 0.27% from sales to wholesale customers.

Customers of the provider pay an average monthly residential electric bill of $105.53. This is 2.49% below the New York average of $108.5. The supplier produces 99.45% of their total number of megawatt hours generated, which is 68,000 megawatt hours, from renewable fuel types. Dams and other hydroelectric facilities associated with the electricity supplier generate 68,000 megawatt hours, ranking the provider as the 107th largest generator of hydroelectric power in the United States out of 3510 companies. Consumers of the company deal with 1.29 electrical outages each year with outages lasting on average 183.6 minutes.