CH ENERGY GROUP, INC.	EXHIBIT (12) (i)
Computation of Ratio of Earnings to Fixed Charges

			2007												2006								Year Ended December 31,
			3 MonthsEndedJune 30				6 MonthsEndedJune 30				12 MonthsEndedJune 30				3 MonthsEndedJune 30				6 MonthsEndedJune 30				2006				2005				2004					2003				2002
		Earnings: ($000)
A.		Net Income from Continuing Operations		$	5,189			$	26,887			$	47,603			$	4,068			$	22,368			$	43,084			$	44,291			$		42,423			$	43,985			$	36,453
B.		Preferred Stock Dividends			242				485				970				242				485				970				970					970				1,387				2,161
C.		Federal and State Income Tax			1,293				14,256				23,167				2,099				14,858				23,769				25,819					31,256				30,435				22,294
	Less	Income from Equity Investments			349				1,544				2,423				741				931				1,810				1,456					922				865				749
	Plus	Cash Distribution from Equity Investments			549				1,820				2,785				0				40				1,005				1,833					1,776				1,249				959
D.		Earnings before Income Taxes and Equity Inv.		$	6,924			$	41,904			$	72,102			$	5,668			$	36,820			$	67,018			$	71,457			$		75,503			$	76,191			$	61,118
E.		Fixed Charges
		Interest on Mortgage Bonds			0				0				0				0				0				0				0					0				570				2,136
		Interest on Other Long-Term Debt			4,495				8,986				17,387				4,071				8,024				16,425				13,826					11,488				10,699				9,819
		Other Interest			987				1,979				3,858				847				1,743				3,622				2,577					5,517				9,828	(1)			11,659
		Interest Portion of Rents (2)			288				594				1,179				253				527				1,112				1,077					1,192				1,040				749
		Amortization of Premium & Expense on Debt			238				484				985				245				490				991				1,043					1,066				1,159				1,249
		Preferred Stock Dividends Requirements of Central Hudson			300				709				1,378				308				742				1,409				1,458					1,594				2,243				3,346
		Total Fixed Charges		$	6,308			$	12,752			$	24,787			$	5,724			$	11,526			$	23,559			$	19,981			$		20,857			$	25,539			$	28,958
	Less	Preferred Stock Dividends Requirements of Central Hudson			300				709				1,378				308				742				1,409				1,458					1,594				2,243				3,346
F.		Total Earnings		$	12,932			$	53,947			$	95,511			$	11,084			$	47,604			$	89,168			$	89,980			$		94,766			$	99,487			$	86,730
		Preferred Dividend Requirements:
G.		Allowance for Preferred Stock Dividends Under IRC Sec 247		$	242			$	485			$	970			$	242			$	485			$	970			$	970			$		970			$	1,387	(1)		$	2,161
H.		Less Allowable Dividend Deduction			(32	)			(64	)			(127	)			(32	)			(64	)			(127	)			(127	)				(127	)			(127	)			(127	)
I.		Net Subject to Gross-up			210				421				843				210				421				843				843					843				1,260				2,034
J.		Ratio of Earnings before Income Taxes and Equity Inv. to Net Income (D/(A+B))			1.275				1.531				1.484				1.315				1.611				1.521				1.579					1.740				1.679				1.583
K.		Preferred Dividend (Pre-tax) (I x J)			268				645				1,251				276				678				1,282				1,331				1,467					2,116				3,219
L.		Plus Allowable Dividend Deduction			32				64				127				32				64				127				127				127					127				127
M.		Preferred Dividend Factor			300				709				1,378				308				742				1,409				1,458				1,594					2,243				3,346
N.		Ratio of Earnings to Fixed Charges (F/E)			2.1				4.2				3.9				1.9				4.1				3.8				4.5				4.5					3.9				3.0

(1)	Reflects SFAS No. 150 titled Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity, reclassification of $208,750 in preferred stock dividends to interest expense for the quarter ended September 30, 2003.
(2)	The percentage of rent included in the fixed charges calculation is a reasonable approximation of the interest factor.
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CENTRAL HUDSON GAS & ELECTRIC CORPORATION	Exhibit (12) (i) (i)
Computation of Ratio of Earnings to Fixed Charges
and Ratio of Earnings to Fixed Charges and Preferred Dividends

		2007												2006								Year Ended December 31,
		3 Months Ended June 30				6 Months Ended June 30				12 Months Ended June 30				3 Months Ended June 30				6 Months Ended June 30				2006				2005				2004				2003				2002
	Earnings: ($000)
A.	Net Income		$	5,262			$	18,633			$	36,327			$	4,123			$	17,177			$	34,871			$	35,635			$	38,648			$	38,875			$	32,524
B.	Federal & State Income Tax			2,444				10,871				19,843				2,979				12,556				21,528				23,936				28,426				26,981				21,690
C.	Earnings before Income Taxes		$	7,706			$	29,504			$	56,170			$	7,102			$	29,733			$	56,399			$	59,571			$	67,074			$	65,856			$	54,214
D.	Fixed Charges
	Interest on Mortgage Bonds			0				0				0				0				0				0				0				0				570				2,136
	Interest on Other Long-Term Debt			4,495				8,986				17,387				4,071				8,024				16,425				13,826				11,488				10,699				9,819
	Other Interest			987				1,979				3,858				846				1,743				3,622				2,577				5,517				9,828	(1)			11,772
	Interest Portion of Rents (2)			197				417				843				184				392				818				835				954				768				749
	Amortization of Premium & Expense on Debt			238				484				985				245				490				991				1,043				1,066				1,159				1,249
	Total Fixed Charges		$	5,917			$	11,866			$	23,073			$	5,346			$	10,649			$	21,856			$	18,281			$	19,025			$	23,024			$	25,725
E.	Total Earnings		$	13,623			$	41,370			$	79,243			$	12,448			$	40,382			$	78,255			$	77,852			$	86,099			$	88,880			$	79,939
	Preferred Dividend Requirements:
F.	Allowance for Preferred Stock Dividends Under IRC Sec 247		$	242			$	485			$	970			$	242			$	485			$	970			$	970			$	970			$	1,387	(1)		$	2,161
G.	Less Allowable Dividend Deduction			(32	)			(64	)			(127	)			(32	)			(64	)			(127	)			(127	)			(127	)			(127	)			(127	)
H.	Net Subject to Gross-up			210				421				843				210				421				843				843				843				1,260				2,034
I.	Ratio of Earnings before Income Taxes to Net Income (C/A)			1.464				1.583				1.546				1.723				1.731				1.617				1.672				1.736				1.694				1.667
J.	Pref. Dividend (Pre-tax) (H x I)			307				666				1,303				362				729				1,363				1,409				1,463				2,134				3,391
K.	Plus Allowable Dividend Deduction			32				64				127				32				64				127				127				127				127				127
L.	Preferred Dividend Factor			339				730				1,430				394				793				1,490				1,536				1,590				2,261				3,518
M.	Fixed Charges (D)			5,917				11,866				23,073				5,346				10,649				21,856				18,281				19,025				23,024				25,725
N.	Total Fixed Charges and Preferred Dividends		$	6,256			$	12,596			$	24,503			$	5,740			$	11,442			$	23,346			$	19,817			$	20,615			$	25,285			$	29,243
O.	Ratio of Earnings to Fixed Charges (E/D)			2.3				3.5				3.4				2.3				3.8				3.6				4.3				4.5				3.9				3.1
P.	Ratio of Earnings to Fixed Charges and Preferred Dividends (E/N)			2.2				3.3				3.2				2.2				3.5				3.4				3.9				4.2				3.5				2.7

(1)	Reflects SFAS No. 150, titled Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity, reclassification of $208,750 in preferred stock dividends to interest expense for the quarter ended September 30, 2003.
(2)	The percentage of rent included in the fixed charges calculation is a reasonable approximation of the interest factor.
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