Assemblywoman Russell: Assembly Extends Power for Jobs Program
Also passes legislation to create “green jobs green New York” program
June 17, 2009
Assemblywoman Addie J. Russell (D-Theresa) announced the Assembly passed legislation, multi-sponsored by Russell, to extend the Power for Jobs program through May 15, 2010. Power for Jobs provides low-cost energy to job-creating businesses and not-for-profit organizations across New York State (A.8825-A). “The New York Power Authority recently demonstrated how valuable the allocation of low cost power could be to improving businesses bottom lines when they used proceeds from the selling of low cost power from Alcoa East’s idle plant do reduce energy rates for an estimated 7,000 local businesses,” Russell said. “This extender will further ensure that businesses participating in this program will continue to receive the benefits they need to protect and create more jobs.” This legislation contains numerous oversight and transparency measures to ensure businesses participating in the program are providing and creating the jobs promised, ensuring the States tax dollars are being protected. These provisions include:
- requiring the Power Authority to provide reports by Sep. 30, 2009, detailing information necessary to assess the existing program and the resources available for the future, along with a review of all program participants;
- requiring all beneficiaries to undergo an energy audit and assessment of distributed generation capabilities by the New York Power Authority;
- providing expedited renewal of benefits provided under these programs.