CLP President, Susan Gillespie, calls for the Public Service Commission to reduce the fixed charge for residential customers in the latest Central Hudson Rate Case.
Read the full Letter to the Editor, originally published in the Times Herald-Record.
Thanks to the tax reform bill, Central Hudson’s owner, the Canadian corporation Fortis Inc., will see its income tax charges reduced from 35 percent to 21 percent - saving approximately $5 million. Central Hudson Fortis is a regulated monopoly, so the windfall must be passed through to rate-payers. But which rate-payers? Big business already got plenty from the tax bill. The current Central Hudson rate case gives the Public Service Commission a golden opportunity to help residential customers, many of whom already can’t afford the company’s high rates.