CH Energy Group, Inc., headquartered in Poughkeepsie, New York, is the holding company of Central Hudson Gas & Electric Corporation and Central Hudson Enterprises Corporation.
Central Hudson Gas & Electric Corporation (Central Hudson) is a regulated transmission and distribution utility serving approximately 376,000 customers in eight counties of New York State's Mid-Hudson River Valley. Central Hudson delivers natural gas and electricity in a 2,600 square mile service territory that extends from the suburbs of metropolitan New York City north to the Capital District at Albany. The service territory has exhibited annual increases in employment and population, driving growth in utility customers. Central Hudson continues to make significant investments in its system infrastructure and is a leader in promoting regional economic growth.
Central Hudson Enterprises Corporation (CHEC), a non-regulated subsidiary, is the umbrella for a family of energy-related companies and investments focused primarily on fuel distribution and renewable energy. CHEC's fuel distribution business, Griffith Energy Services, Inc., supplies energy products and services to approximately 117,000 customers in ten states and the District of Columbia. CHEC also has interests in a Lexington, Nebraska, ethanol plant, two wind power projects and a biomass plant, and plans to build and operate a landfill gas renewable energy plant in upstate New York. CHEC continues to seek growth opportunities at Griffith and in other energy-related businesses.
CH Energy Group offers a stock purchase plan that provides a convenient method of purchasing the company's common stock and reinvesting cash dividends, without brokerage commissions or service charges.