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The rate plan established by the PSC increases annuaol electric service delivery ratesby $38 million, and gas deliveruy rates by $13.6 million, or a total of $51.65 million. PSC officials say the increasew authorized by the state agencyis $18.1 million less than the company requested. Centrao Hudson had sought increased rates for both electriv and gas serviceof $66.1 million and $20. 2 million, respectively, for a total of $86.3 million. Instead, the utility is bein allowed $38 million for electrifc service, $13.6 million for gas service, and $16.6 million for a temporary surcharge, or a totalp of $68.2 million.
Central Hudsoj says its needs the added revenues to compensate for lowet sales and increasedpension costs. The Poughkeepsie-based utility has 300,000 electric customers and 74,000 natural gas customerd from north of NewYork City, to the Capitao Region.
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