Andrea Macko is reporting for Porcupine Soup that Central Hudson Gas and Electric is once more warning customers to prepare for higher energy supply prices as electric and natural gas prices increase again, the company announced September 13. The residential price for electric supply will increase from 8.32 cents per kilowatt hour in August to 13.06 cents per kilowatt hour as of September 13. Natural gas prices that went into effect on September 1 also increased from 87.1 cents per hundred cubic feet in August to 97.8 cents per hundred cubic feet. According to Central Hudson, the utility purchases electricity and gas from “third-party suppliers on behalf of customers. These costs are not marked up and Central Hudson does not profit from them, meaning customers pay the same rates as Central Hudson for the energy they use.” Several international, national, and regional factors are contributing to this market volatility, Central Hudson says. For instance, inflation is plaguing the entire planet since the pandemic, and Russia's invasion of Ukraine has wreaked havoc on energy markets. Read the full story at porcupine soup [dot] com.