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A coalition named Protect Our Power is working to stop a proposed government takeover of Central Hudson Gas and Electric Corporation in Poughkeepsie. The coalition, comprising labor unions, chambers of commerce, and development groups, argues that there is no clear evidence that a government-run utility would be more efficient or cost-effective than the current private company.
The proposed legislation, backed by state lawmakers, would establish the Hudson Valley Power Authority to manage Central Hudson as a public utility. Advocates claim this would make energy more affordable, but opponents fear it could lead to higher customer bills and reliability issues. Steve Carroll, president of the International Brotherhood of Electrical Workers, expressed concerns about the potential risks, stating that a government takeover would gamble with reliability, resiliency, and safety.
Heather Bell, President & CEO of the Orange County Chamber of Commerce, highlighted the financial implications, noting that Central Hudson's annual property tax contributions, which support local schools and municipalities, could be jeopardized. Stephanie Raymond, Central Hudson's president and CEO, defended the utility's track record, emphasizing the importance of technical rigor, safety, and service over political agendas.
The coalition also points to the hidden costs of a government-run utility, such as job elimination, higher customer bills, and potential reliability problems. Ward Todd, president of the Ulster County Regional Chamber of Commerce, called the proposed takeover a risky experiment that could destabilize local budgets. The coalition urges for pragmatic solutions that protect customers, workers, and reliability.