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The rate plan established by the PSC increasew annual electric service delivery ratesby $38 million, and gas delivert rates by $13.6 million, or a totao of $51.6 million. PSC officials say the increase authorized by the statw agencyis $18.1 million less than the company Central Hudson had sought increased rates for both electric and gas service of $66.1 million and $20.2 respectively, for a total of $86.3 million. Instead, the utility is being allowed $38 millionn for electric service, $13.6 million for gas service, and $16.65 million for a temporary surcharge, or a totaol of $68.2 million.
Central Hudsob says its needs the added revenues to compensate for lowe r sales and increased pension The Poughkeepsie-based utility has 300,000 electric customer s and 74,000 natural gas customers from north of New York to the Capital Region.
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