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Assemblymember
Clifford W. Crouch
Assembly District 122
 
Crouch Announces First Round of Power Allocations For Recharge New York Program
Highlights beneficiaries in the Southern Tier
April 26, 2012

Assemblyman Clifford W. Crouch (R,I-Guilford) today announced the first round of lower cost power allocations under the new ReCharge New York (RNY) program, a major statewide initiative for retaining and creating jobs, and spurring capital investments by making low-cost power available to small businesses and not-for-profits in New York state. The program was signed into law last year and will be available July 1 of this year.

“This is a great program that will help our local economies grow by giving small- and medium-sized businesses the ability to create or retain jobs, while at the same time providing low-cost energy,” said Crouch. “With the expiration of the Power for Jobs program, a rethinking and retooling of the program was necessary in order to keep businesses here and hiring over the long term.”

ReCharge New York replaced two existing initiatives – the Power for Jobs (PFJ) and Energy Cost Savings Benefit (ECSB) programs – which statutorily expire on June 30. Unlike RNY, those two programs provided for only short-term allocations, limiting their effectiveness as an economic development tool. The RNY program offers up to seven-year contracts for low-cost power to 442 businesses and 75 not-for-profits. Of the 517 allocations, 258 companies will be new New York Power Authority (NYPA) customers.

“This is a major achievement to help build a partnership with the state and businesses that harnesses low-cost power for economic development,” said Crouch. “Many businesses in the Southern Tier will benefit from this program, and I am happy to have supported it.”

Crouch highlighted several businesses in or near the 107th Assembly District that would benefit from the RNY program: Agro-Farma, Inc. in New Berlin; Norwich Pharmaceuticals Inc., Unison Industries, LLC, and Professional TeleConcepts Inc. in Norwich; BAE Systems in Johnson City; Buckingham Manufacturing Co., Inc. in Binghamton; Willow Run Foods, Inc. in Kirkwood; Maines Paper & Food Service in Conklin; Margaretville Hospital and Mountainside Residential Care Center in Margaretville; and Mountainside Farms, Inc. in Roxbury. For a complete list of RNY awardees, visit http://www.nypa.gov/RechargeNY/default.htm.

Additional power allotments under RNY are expected in the months ahead from the remaining amount of low-cost power set aside under the legislation for the program. Half of the amount of power – 455 MW – is low-cost hydropower from NYPA's Niagara and St. Lawrence-Franklin D. Roosevelt hydroelectric projects in Lewiston and Massena, respectively. The remaining 455 MW is economical power secured by NYPA from wholesale market sources.

 
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