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

			2007									2006						Year Ended December 31,
			3 Months Ended Sept 30			9 Months Ended Sept 30			12 Months Ended Sept 30			3 Months Ended Sept 30			9 Months Ended Sept 30			2006			2005			2004			2003			2002
		Earnings: ($000)
A.		Net Income from Continuing         Operations	$	4,329		$	31,216		$	40,962		$	10,970		$	33,338		$	43,084		$	44,291		$	42,423		$	43,985		$	36,453
B.		Preferred Stock Dividends		242			727			970			242			727			970			970			970			1,387			2,161
C.		Federal and State Income Tax		1,885			16,141			20,660			4,392			19,250			23,769			25,819			31,256			30,435			22,294
	Less	Income from Equity Investments		171			1,715			2,260			334			1,265			1,810			1,456			922			865			749
	Plus	Cash Distribution from Equity          Investments		922			2,743			2,974			734			774			1,005			1,833			1,776			1,249			959
D.		Earnings before Income Taxes          and Equity Inv.	$	7,207		$	49,112		$	63,306		$	16,004		$	52,824		$	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		4,616			13,603			17,889			4,115			12,139			16,425			13,826			11,488			10,699			9,819
		Other Interest		1,323			3,302			4,076			1,105			2,848			3,622			2,577			5,517			9,828	(1)		11,659
		Interest Portion of Rents (2)		297			891			1,205			271			798			1,112			1,077			1,192			1,040			749
		Amortization of Premium &              Expense on Debt		236			720			976			245			735			991			1,043			1,066			1,159			1,249
		Preferred Stock Dividends                  Requirements of Central                  Hudson		363			1,066			1,400			332			1,074			1,409			1,458			1,594			2,243			3,346
		Total Fixed Charges	$	6,835		$	19,582		$	25,546		$	6,068		$	17,594		$	23,559		$	19,981		$	20,857		$	25,539		$	28,958
	Less	Preferred Stock Dividends           Requirements           of Central Hudson		363			1,066			1,400			332			1,074			1,409			1,458			1,594			2,243			3,346
F		Total Earnings	$	13,679		$	67,628		$	87,452		$	21,740		$	69,344		$	89,168		$	89,980		$	94,766		$	99,487		$	86,730
		Preferred Dividend Requirements:
G.		Allowance for Preferred Stock           Dividends Under IRC Sec 247	$	242		$	727		$	970		$	242		$	727		$	970		$	970		$	970		$	1,387	(1)	$	2,161
H.		Less Allowable Dividend         Deduction		(32	)		(96	)		(127	)		(32	)		(96	)		(127	)		(127	)		(127	)		(127	)		(127	)
I.		Net Subject to Gross-up		210			631			843			210			631			843			843			843			1,260			2,034
J.		Ratio of Earnings before Income          Taxes and Equity Inv. to Net              Income (D/(A+B))		1.577			1.537			1.510			1.427			1.551			1.521			1.579			1.740			1.679			1.583
K.		Preferred Dividend   (Pre-tax) (I x J)		331			970			1,273			300			978			1,282			1,331			1,467			2,116			3,219
L.		Plus Allowable Dividend          Deduction		32			96			127			32			96			127			127			127			127			127
M.		Preferred Dividend Factor		363			1,066			1,400			332			1,074			1,409			1,458			1,594			2,243			3,346
N.		Ratio of Earnings to Fixed          Charges   (F/E)		2.0			3.5			3.4			3.6			3.9			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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