ALBANY, NY (01/20/2010)(readMedia)-- The New York State Public Service Commission seeks public comments on an application filed July 31, 2009 in which Central Hudson Gas & Electric Corporation (Central Hudson) has proposed new rates, effective July 1, 2010, to increase the company's annual revenues by $15.2 million (6 percent) for electric delivery service and $4.0 million (6 percent) for gas delivery service.
According to Central Hudson's estimates based on electric and gas commodity price forecasts as of June 2009, if a residential customer buys not only delivery service but also the commodity itself from Central Hudson, the proposed delivery rate increases would increase the typical monthly residential bill for combined delivery and commodity service by $3.46 (3.7 percent) for electricity and $3.97 (3.5 percent) for natural gas.
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