Central Hudson Energy Group
| Company type | Subsidiary |
|---|---|
| Industry | Electric and natural gas utility |
| Predecessor | Central Hudson Gas & Electric Corporation (formed 1925) |
| Founded | 2000 |
| Headquarters | Poughkeepsie, New York , United States |
Area served | Suburbs of New York City to Albany, New York |
| Products | Electricity, natural gas, petroleum products (via subsidiary Griffith Energy Services) |
| Owner | Fortis Inc. |
| Parent | Fortis Inc. |
CH Energy Group, Inc. is primarily recognized for its subsidiary, Central Hudson Gas & Electric (Central Hudson), which supplies electricity and natural gas across a service region stretching from the suburbs of New York City to Albany. Central Hudson, headquartered in Poughkeepsie, New York, functions as a subsidiary of Fortis Inc., a Canadian-based diversified electric utility holding company.
In Ulster County, Central Hudson has encountered opposition due to increases in rates, leading the City of Kingston to adopt a non-binding resolution in February 2025 endorsing the Hudson Valley Power Authority Act, which supports a state takeover initiative.
History
The formation of Central Hudson Gas & Electric Corporation occurred in 1925 through the consolidation of more than 80 independent electric and gas companies within New York. CH Energy Group, Inc. was created in 2000 as the parent organization managing Central Hudson Gas & Electric alongside its subsidiaries, including Central Hudson Enterprises Corporation (CHEC). CHEC mainly operates Griffith Energy Services, which provides petroleum products to roughly 56,000 customers throughout the Mid-Atlantic area. In 2013, Fortis Inc. purchased CH Energy Group for $1.5 billion USD and assumed about $500 million in debt.
Operations
Serving nearly 300,000 electric and 78,000 natural gas customers over a 2,600 square mile territory, Central Hudson holds exclusive rights to deliver electricity and natural gas in its designated area. Although New York State features an open electricity market allowing consumers to choose their energy suppliers, Central Hudson retains responsibility for the delivery infrastructure. The New York Public Service Commission regulates and sets the company's delivery rates. In 2020, Central Hudson reported combined electric and gas revenues totaling $711.9 million.