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Low-cost power allocations supporting more than 10,700 jobs in New York

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Staff Writer | July 25, 2017
Governor Andrew M. Cuomo announced the approval of new low-cost power allocations that will support more than 10,700 jobs.
Low-cost power
Empire State   The New York Power Authority Board
The New York Power Authority Board of Trustees at today's board meeting approved 24 low-cost power allocations to 19 businesses and two not-for-profit organizations under the ReCharge NY program that will support 10,568 jobs, including hiring for 782 new positions.

The board also approved low-cost hydropower allocations that will support an additional 150 new jobs.

The ReCharge NY power allocations are expected to spur more than $727 million in new capital investment.

The 24.47 megawatts of low-cost power under the latest ReCharge NY allocations will be distributed among enterprises from Long Island to Western New York.

Enterprises in the Capital District, Central New York, the Finger Lakes, Long Island, Mid-Hudson, Mohawk Valley, New York City, the Southern Tier and Western New York are recipients.