Filed Pursuant to Rule 433
                                                     Registration No. 333-138510

                                                                  March 20, 2007

                    Central Hudson Gas & Electric Corporation

                           Medium-Term Notes, Series F

                      $33,000,000 5.804% due March 23, 2037

                                   Term Sheet

Issuer:                    Central Hudson Gas & Electric Corporation

Market Type:               Senior Unsecured MTN

Ratings:                   A2/A/A

Principal Amount:          $33,000,000

Trade Date:                March 20, 2007

Settlement Date:           March 23, 2007

Final Maturity:            March 23, 2037

Interest Payment Dates:    May 1 and November 1, and at maturity

1st Coupon Payment Date:   May 1, 2007

Coupon:                    5.804%

US Treasury Benchmark:     UST 4.5% due February 15, 2036

US Treasury Yield:         4.724%

Business day convention:   30/360

Re-offer Price:            100%

Redemption:                100%

Denomination:              $1,000 x $1,000

Joint Bookrunners:         Banc of America Securities LLC            $11,000,000
                           J.P. Morgan Securities Inc.               $11,000,000
                           KeyBanc Capital Markets,                  $11,000,000
                           A division of McDonald Investments Inc.



CUSIP: 15361G AQ8

The security ratings above are not a recommendation to buy, sell or hold the
securities hereby. The ratings may be subject to revision or withdrawal at any
time by Moody's Investors Service, Standard & Poor's Ratings Services and Fitch
Ratings. Each of the security ratings above should be evaluated independently of
any other security rating.

The issuer has filed a registration statement (including a prospectus) with the
SEC for the offering to which this communication relates. Before you invest, you
should read the prospectus in that registration statement and other documents
the issuer has filed with the SEC for more complete information about the issuer
and this offering. You may get these documents for free by visiting EDGAR on the
SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any
dealer participating in the offering will arrange to send you the prospectus if
you request it by calling toll-free 1-800-294-1322 at Banc of America Securities
LLC, 1- 212-834-4533 at J.P. Morgan Securities Inc., and 1-866-227-6479 at
KeyBanc Capital Markets.