Town Of Red Hook: Utility Reports Energy Supply Prices Triple

Press release from the Town of Red Hook:

February 11, 2022

Yesterday, regional utility Central Hudson Gas & Electric issued the following press release

https://www.cenhud.com/en/news/2022/central-hudson-alerts-customers-of-higher-winter-energy-costs/

that addresses their February 2022 electric supply rate of .21995 kw; 3 times their historic average and triple the rate of the Town’s Community Choice Aggregation program (.06565 kw).  Residents who did not elect to remain in the CCA, and who did not subscribe to the Community Solar project, may see significant increases in their utility bills.

When the Town Board back in 2019 contemplated joining the Hudson Valley Community Power CCA -     (a program where municipalities join together to make bulk purchases for clean energy supply), we focused on 2 potential benefits - 100% clean energy sources and fixed rate pricing.  If you elected to remain in the program, your energy supply rate will continue to be .06565 through June, 2024.

While one month does not a trend make, the utility rate has been higher for each of the 8 months since we renewed our 3 year contract with Columbia Utilities.  

To join or find out if CCA is right for you.  Call the hotline at 845-859-9099 or log onto www.hudsonvalleycommunitypower.com.

This press release was produced by the Town of Red Hook. The views expressed here are the author’s own.