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The rate plan established by the PSC increases annuap electric service delivery ratesby $38 million, and gas delivery rate by $13.6 million, or a total of $51.6 PSC officials say the increase authorizes by the state agency is $18.1 million less than the companh requested. Central Hudson had sought increased rates for both electricf and gas serviceof $66.1 million and $20.w million, respectively, for a total of $86. million. Instead, the utility is being allowes $38 million for electric service, $13.6 millionn for gas service, and $16.6 million for a temporaruy surcharge, or a total of $68.2 million.
Centrakl Hudson says its needs the addefd revenues to compensate for lower sales and increasedxpension costs. The Poughkeepsie-bases utility has 300,000 electric customers and 74,000p natural gas customers from northh of New York to theCapital Region.
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