Friday - October 18, 2024
FOLLOWING YEARS-LONG PUSH BY CONGRESSMAN RYAN, PUBLIC SERVICE COMMISSION ANNOUNCES HISTORIC $60+ MILLION SETTLEMENT WITH CENTRAL HUDSON OVER BILLING FIASCO; PENALTY TO BE FUNDED PURELY BY SHAREHOLDERS, NOT RATEPAYERS
June 20, 2024
WASHINGTON, June 20 -- Rep. Pat Ryan, D-New York, issued the following news release:

Following Years-Long Push by Congressman Ryan, Public Service Commission Announces Historic $60+ Million Settlement with Central Hudson Over Billing Fiasco; Penalty to be Funded Purely by Shareholders, Not Ratepayers

PSC investigation was initially launched in March 2022, in response to then-County Executive Ryan's formal request for action

Settlement includes $4M Customer . . .

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