Joe Robach announced recently that an additional 161 businesses and not-for-profit organizations across the state have been awarded more than 80 megawatts (MW) of low cost power in the second round of allocations under the ReCharge New York program which will create jobs. Joe Robach expects that this round of RNY allocations is expected to generate substantial private capital investments and retain approximately 25,000 jobs.
For Western New York, the New York Power Authority (NYPA) Board of Trustees approved allocations that total almost 12 MW of power to 29 enterprises, and are linked to nearly 4,000 jobs and significant capital investments in the region. The allocations approved by the New York Power Authority (NYPA) Board of Trustees bring the total support provided by Recharge New York to 602 businesses and 76 not-for-profits. Those enterprises are expected to commit to retain nearly 385,000 jobs and undertake billions of dollars in capital investments from the approximately 680 MW that have been allocated under the ReCharge New York program to date. The low-cost power tied to the ReCharge New York program was made available to customers on July 1.