Happy Tuesday. We are happy to share the latest press release from Governor Andrew M. Cuomo's office announcing that the New York Power Authority Board of Trustees has approved another round of 38 low-cost power allocations under the Governor's ReCharge NY Program - Enjoy.
Governor Cuomo Announces ReCharge NY Power Allocations to Help29 Employers Hire Over 1,000 Workers
On December 28, 2017, Governor Andrew M. Cuomo announced the New York Power Authority Board of Trustees has approved another round of 38 low-cost power allocations under the Governor's ReCharge NY Program. This most recent approval is expected to spur $1.4 billion in new capital investment in the state and create 1,006 new jobs.
Administered by the New York Power Authority, ReCharge NY spurs economic development by providing low-cost power to businesses and other entities that agree to retain or create jobs and commit to new capital spending. It was launched at the start of the Governor's administration in 2011, and now the ReCharge NY program is providing power to 744 businesses and not-for-profit organizations, creating and retaining jobs, and sparking capital investment in regions throughout New York.