C

Central Hudson

Utility energy savings platform with marketplace

Overview

Company Does Not Provide H-1B Sponsorship

Central Hudson Savingscentral is a utility-backed platform that helps residential and business customers manage and reduce energy use to lower bills. It works by analyzing usage, letting customers set savings goals, and tracking progress, plus a Clean Energy Marketplace where subscribers can compare and join clean-energy projects like community solar with transparent terms. It differentiates itself by bundling energy-efficiency tools, a marketplace, and incentive programs—all tied to the utility’s customers to support grid load management and cleaner energy options. The goal is to help customers save money, increase energy efficiency, promote clean energy adoption, and reduce peak demand.

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About Central Hudson

Simplify's Rating
Why Central Hudson is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnergyEnterprise Software

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

Poughkeepsie, NY

Founded

N/A

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Simplify's take

What believers are saying

  • Christopher Capone took over as president and CEO in 2026, resetting execution.
  • Dashville Unit 2 replacement continues through August 2027, supporting cleaner generation.
  • The 2025 PSC rate order gives revenue visibility through 2028 despite consumer backlash.

What critics are saying

  • PSC fined Central Hudson $4.7 million in 2026 for customer-service failures.
  • New York is prosecuting the Wappingers Falls gas explosion; penalties are unrecoverable from ratepayers.
  • If safety lapses continue, PSC can tighten oversight, crush trust, and shrink allowed returns.

What makes Central Hudson unique

  • Central Hudson bundles utility bills, savings tools, and clean-energy subscriptions for Hudson Valley customers.
  • Dashville upgrades keep three hydroelectric plants producing renewable power in Ulster County.
  • The August 2025 three-year rate plan runs through June 30, 2028.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Tuition Assistance
  • Wellness Program
  • Paid Holidays
  • Paid Vacation

Company News

Hudson Valley Press
Feb 15th, 2023
Central Hudson Ousts Charles Freni as President

On Monday, the Board of Directors of Central Hudson Gas & Electric Corporation has appointed Christopher M. Capone as the company’s new President and Chief Executive Officer.

Charter Communications
Dec 1st, 2021
Savingscentral expanded facilities to Ulster County, New York, United States on Dec 1st 21'.

Central Hudson is building a training and distribution facility in Ulster County that's received approval from the town of Ulster and state Department of Conservation (DEC).

Hudson Valley 360
Feb 22nd, 2021
Savingscentral receives award Emergency Response Award

Central Hudson Gas & Electric Corp. received the Edison Electric Institute’s (EEI) Emergency Response Award for its outstanding storm recovery performance following Tropical Storm Isaias.

Hudson Valley 360
Jan 4th, 2021
Savingscentral launches Back to Business Funding program

Central Hudson also introduced the Back to Business Funding program, committing up to $1 million in grants to help pay down new working capital loans taken with participating local banks.

Daily Energy Insider
Nov 12th, 2020
Savingscentral is developing weather forecasting tool

Orange & Rockland Utilities (O&R) and Central Hudson Gas & Electric (CHGE) are developing a new weather forecasting tool that will provide real-time predictions on storm outages, among other functions.

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