Governor Announces ReCharge NY Power Allocations

The Governor announced the latest round of ReCharge NY power allocations this week as the New York Power Authority (NYPA) Board of Trustees approved 16.7 megawatts of low-cost allocations to 23 different entities across the state. The program began in 2011 and currently provides power to 770 businesses and not-for-profit organizations. NYPA’s board also approved the seven year Alcoa contract extension.

The Governor said:

“Through innovative economic development initiatives like Recharge NY, we are ensuring that New York continues to retain and attract high-quality jobs across the state. This critical program leverages low-cost, clean energy from NYPA to incentivize businesses to lay down roots and make major capital investments in New York State, both protecting our environment and boosting our regional economies.”