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Violation Tracker Individual Record

Company: Central Hudson Gas & Electric Corporation
Current Parent Company: Fortis
Penalty: $62,590,000
Year: 2024
Date: June 20, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: utility service violation
Violation Description: The New York State Public Service Commission approved a settlement valued at $62.59 million with Central Hudson Gas & Electric Corporation, and up to an additional $2 million in stipulated payments if the company fails to deliver monthly meter readings on schedule. The agreement requires shareholders to pay the full cost of remedial actions taken to fix the billing system, as well as costs associated with a move to regular monthly meter reading and to implement recommendations made by an independent monitor. In addition, shareholders will pay $4 million to directly benefit Central Hudson ratepayers. As adopted, the $64.59 million settlement agreement resolves the Department's ongoing investigation into past billing system failures by the company.
Level of Government: state
Action Type: agency action
Agency: New York Public Service Commission
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: Canada
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.