Glen Cove – Assemblyman Charles Lavine announced that the 2011-12 state budget creates the Recharge New York power program, strengthens the Excelsior Jobs program, forms Regional Economic Development Councils and provides capital funding for projects necessary to jumpstart New York’s economy.
Of the four power programs that are being merged to create Recharge New York, Power for Jobs and the Economic Development Power Program have already produced over 19,000 jobs in Nassau County alone, and over 220,000 in all of New York City and Long Island. Recharge New York is a sustainable and predictable energy program for businesses and not-for-profits designed to protect and create jobs and encourage new capital investments.
"A long-term, low-cost power program is well overdue," Assemblyman Lavine said. "The Power for Jobs program was only meant to be temporary. This new permanent solution will allow for strategic planning for business owners and confidence for those looking to relocate to our state."