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, 280,864 customers are provided electricity by the company. These customers are a mix of 241,089 residential accounts, 39,046 commercial customer accounts and 729 industrial customers. The average residential electricity price for Central Hudson Gas and Electric is about 24.57 cents per kilowatt hour, which is 22.58% higher than the average state rate of 20.04 cents and 57.12% higher than the nationwide average of 15.64. They had sales of 3,063,076 megawatt hours in 2022 sold to end users. During the same timeframe, Central Hudson Gas and Electric produced 69,471 megawatt hours and obtained 3,181,744 megawatt hours through the wholesale electricity market. In 2022, the provider earned 81.09% of their revenue from retail electricity sales and 0.64% from sales to wholesale customers.

Customers of the provider pay an average monthly residential electricity bill of $156.22. This is 27.94% higher than the New York average of $119.14. The supplier produces 92.27% of their total number of megawatt hours generated, which is 64,091 megawatt hours, from renewable fuel types. Dams and other hydroelectric facilities associated with the electricity supplier generate 64,091 megawatt hours, ranking the provider as the 104th largest generator of hydroelectric power in the United States out of 3517 companies. Consumers of the company deal with 1.3 electrical outages each year with outages lasting on average 172.2 minutes.