We all know that energy costs can be crippling, causing managers and business owners to cut back so they can stay afloat. The ReCharge NY Program will help keep businesses profitable and workers in their jobs. Under this program, the New York Power Authority (NYPA) will provide low-cost power to businesses and not-for-profits who, in return, agree to commit to job creation and retention. In the 143rd Assembly District, 10 businesses will receive low cost power that will help these businesses create and retain jobs,
The ReCharge New York picks up right where its predecessor, Power for Jobs, left off. And even better, this program is permanent and leaves no gaps in coverage for businesses to fill. It is expected to aid in the creation and retention of 2,300 jobs in our community.
The ten local businesses that have been approved for RNY are:
- Allied Frozen Storage Inc.
- API Heat Transfer Inc.
- Calspan Corp.
- Conax Technologies LLC
- Derrick Corp.
- Niagara Transformer Corp.
- Norampac Industries Inc., Niagara Falls Division
- PCB Piezotornics Inc.
- Sealing Devices Inc.
- Upstate Niagara Cooperative Inc.
The ReCharge New York program isnít the only positive change thatís happened for businesses here in our community. I authored a law to allow unallocated expansion or replacement power to be designated for the Western New York Economic Development Fund (Ch. 436 of 2010). This year, I also made sure the Western New York Power Proceeds Allocation Board, which is working to lower the costs for businesses and organizations in Western New York, as well as improving its infrastructure, made it into the final budget (Ch. 58 of 2012).
I will continue fighting to make Western New York a great place to do business. These vital programs will get hardworking families back to work and give our local economy the boost it needs.