Central Hudson Energy Group

Central Hudson Gas & Electric delivers electricity and natural gas [1] to residents of a 2,600-square-mile (6,700 km2) service territory that extends north from the suburbs of metropolitan New York City to the Capital District at Albany.

[2] It is a subsidiary of Fortis Inc., a diversified electric utility holding company based in Canada,[3] though Central Hudson is headquartered in Poughkeepsie, New York.

[4] Later, CH Energy Group, Inc. was formed as a parent organization of Central Hudson Gas & Electric Corporation and a family of subsidiaries known as Central Hudson Enterprises Corporation (CHEC) in 2000.

[5] In 2013, Fortis Inc. acquired CH Energy Group for US$1.5 billion which included the assumption of approximately US$500 million of debt.

[1] New York is an open market state for electricity; customers can choose who buys and resells their supply of energy since utilities are generally not permitted to operate the power plants that provide electricity in the state of New York; however, Central Hudson must be contracted to deliver the energy.