December 17, 2013
Albany, NY

Governor Cuomo Announces Latest Round of Recharge NY Power Allocations

TOP Governor Cuomo Announces Latest Round of...
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Governor Andrew M. Cuomo today announced that the New York Power Authority (NYPA) Board of Trustees has approved another round of low-cost power allocations under his statewide ReCharge NY (RNY) program. The nearly 33 megawatts (MW) of low-cost power will be distributed among 47 enterprises at 53 facilities and are expected to leverage an estimated $1 billion in capital investments. Nearly 17,000 jobs are being supported by this round of allocations.

 

ReCharge NY has been creating and retaining thousands of jobs for New Yorkers since power began flowing under the program in July 2012, Governor Cuomo said. ReCharge NY continues to deliver affordable power to businesses and non-profits, providing a critical resource and the flexibility needed for them to keep growing and investing in their communities. With this latest round of power allocations, we are supporting nearly 17,000 jobs across the state and fueling companies to grow our economy.

 

This is the seventh round of power allocations under the RNY program, which stems from legislation signed by the Governor in 2011. The program, administered by NYPA, is designed to spur economic development throughout the state by providing low-cost power to businesses and other entities that agree to create or retain jobs.

 

John R. Koelmel, NYPA chairman, said, The ReCharge NY program allows NYPA to direct low-cost power to key enterprises in every corner of the state. Todays action by the NYPA board will work to ensure that dozens of companies are able to keep growing and contributing to the upswing in the states economy under Governor Cuomo.

 

Gil C. Quiniones, NYPA president and chief executive officer, said, This is now the seventh round of power allocations under the Governors ReCharge NY program. Weve allocated more than 80 percent of the available pool of power, aiding in the commercial growth of these regions. Recharge NY has become one of New Yorks most important economic development tools, supporting hundreds of thousands of jobs, making a real difference for families and communities throughout the state.

 

Including todays allocations, the Governors power program has provided approximately 735 MW to 533 businesses and 70 not-for-profit organizations over the last two years. (One megawatt is enough power to meet the needs of 800 to 1,000 typical homes.)

 

ReCharge NY provides businesses and organizations with low-cost power, which in turn creates and retains jobs for New Yorkers, said Senator George D. Maziarz, Chairman of the Senate Energy and Telecommunications Committee. The purpose behind this legislation was to spur economic development, and this round of awards is doing just that.

 

Senator Joseph A. Griffo, who co-sponsored the legislation that created ReCharge NY and is a member of the Senate Energy & Telecommunications Committee, said, Creating a permanent program that trades low-cost power for jobs is one of the most successful initiatives weve undertaken. Since the program began, businesses have created or retained nearly 15,000 jobs in the three counties I represent. This has generated billions in local investments, from buildings to people, and I thank Governor Cuomo and the New York Power Authority for continuing this program for a remarkable seventh round.

 

I am happy that the NYPA has approved another round of ReChargeNY, said Assemblywoman Amy Paulin, who is also the chair of the New York State Energy Committee. This is a strong program that was originally designed to help jumpstart our economy and create jobs. Its success has warranted it being renewed yet again. Look no further than the fact that this round of allocations will help create nearly 2,000 new jobs.

 

In addition to jobs and capital investment commitments, other evaluation criteria for ReCharge NY applications include the significance of the cost of electricity to the overall cost of doing business, the applicants risk of closure or curtailing operations, the significance of the applicants facility to the local economy, and its commitment to energy efficiency.

 

The ReCharge NY program offers up to seven-year power contracts to businesses. Half of the power under the program455 MWis from NYPAs Niagara and St. Lawrence-Franklin D. Roosevelt hydroelectric power plants, which provide some of the lowest-cost electricity in the state. The remaining 455 MW is economical power secured by NYPA from market sources.

 

This round of allocations is as follows:

 

    Company
    City
    kW
    Job Retention Commit- ment
    Job Creation Commit-ment
    Capital Investment ($)
    New York Spring Water, Inc.
    Halcott Center
    60
    15
    0
    $1,500,000
    Siena College
    Albany
    796
    723
    0
    $30,000,000
    Capital District Region Sub-totals:
    856
    738
    0
    $31,500,000
    G.C. Hanford Manufacturing Co.
    Syracuse
    500
    100
    54
    $8,000,000
    International Wire Group, Inc.
    Jordan
    280
    4
    $2,000,000
    John Mezzalingua Associates, LLC
    Liverpool
    776
    120
    30
    $11,000,000
    Johnston Paper Company
    Auburn
    130
    46
    5
    $5,700,000
    Northland Filter Int, LLC
    Oswego
    76
    29
    25
    $850,000
    Pathfinder Industries, Inc.
    Fulton
    36
    22
    0
    $100,000
    Southern Graphics Systems, LLC
    Phoenix
    190
    26
    6
    $2,400,000
    Central New York Region Sub-totals:
    1,988
    343
    124
    $30,050,000
    Berryfields Bottling LLC
    Geneva
    160
    19
    12
    $750,000
    CPAC Equipment, Inc.
    Leicester
    16
    10
    0
    $400,000
    D. B. Webb, Inc.
    Leicester
    100
    7
    2
    $20,000
    Flower City Tissue Mills Company, Inc.
    Rochester
    346
    52
    5
    $2,600,000
    PPI Corp. dba FTT Manufacturing
    Geneseo
    76
    47
    0
    $361,000
    RED-Rochester, LLC
    Rochester
    2,000
    70
    0
    $56,000,000
    Finger Lakes Region Sub-totals:
    2,698
    205
    19
    $60,131,000
    AL Energy Solutions LED, LLC
    Westhampton Beach
    260
    0
    138
    $7,700,000
    Ametek Thermal Systems Inc.
    Garden City
    390
    4
    $1,600,000
    Busse Hospital Disposables
    Hauppauge
    200
    290
    0
    $250,000
    C&S Wholesale Grocers, Inc.
    Melville
    1,890
    400
    $130,000,000
    Martin Sidor Farms Inc.
    Mattituck
    300
    3
    $500,000
    Nassau University Medical Center
    Hempstead
    2,396
    2,715
    0
    $26,100,000
    Nastra Automotive Industries Inc
    Lindenhurst
    86
    75
    0
    $0
    Peconic Landing of Southold, Inc.
    Greenport
    126
    159
    0
    $2,000,000
    Pool Cover Corporation
    Hauppauge
    126
    252
    50
    $300,000
    Sysco Long Island, LLC
    Central Islip
    520
    203
    25
    $500,000
    U. S. Nonwovens Corp.
    Hauppauge
    106
    90
    $2,000,000
    Long Island Region Sub-totals:
    6,400
    3,694
    710
    $170,950,000
    C&S Wholesale Grocers, Inc.
    Newburgh
    360
    466
    0
    $1,800,000
    C&S Wholesale Grocers, Inc.
    Chester
    1,340
    720
    0
    $2,300,000
    Fair-Rite Products Corp.
    Wallkill
    446
    108
    6
    $1,090,000
    Kikkerfrosch LLC
    Chester
    350
    83
    $29,000,000
    Morgan Stanley & Co. LLC - 2000 Westchester Avenue
    Purchase
    2,220
    1,416
    0
    $7,200,000
    United Natural Foods, Inc.
    Montgomery
    980
    223
    $58,000,000
    The Dannon Company, Inc.
    White Plains
    416
    279
    0
    $1,000,000
    Mid-Hudson Region Sub-totals:
    6,112
    2,989
    312
    $100,390,000
    International Wire Group, Inc.
    Rome
    210
    3
    $900,000
    Mohawk Valley Region Sub-totals:
    210
    3
    $900,000
    Amazon Corporate LLC
    Brooklyn
    56
    65
    $10,000,000
    E. Gluck Corp.
    Little Neck
    802
    348
    80
    $21,505,000
    Fairway Bakery LLC
    New York
    1,890
    152
    $12,600,000
    Hansel 'n Gretel Brand, Inc.
    Glendale
    310
    47
    0
    $250,000
    Lawrence Nursing Care Center
    Arverne
    80
    210
    0
    $1,000,000
    Morgan Stanley & Co. LLC - 1585 Broadway
    New York
    3,236
    3,160
    0
    $110,000,000
    Morgan Stanley & Co. LLC - 522 5th Avenue
    New York
    940
    985
    0
    $14,900,000
    Morgan Stanley & Co. LLC - 750 Seventh Avenue
    New York
    520
    1,042
    0
    $2,500,000
    New York Proton Management, LLC
    New York
    876
    82
    $301,292,228
    Queens Economic Development Corporation
    Long Island City
    30
    6
    0
    $20,000
    United New York Sandy Hook Pilots' Benevolent Association
    Staten Island
    40
    130
    0
    $4,500,000
    New York City Region Sub-totals:
    8,780
    5,928
    379
    $478,567,228
    Kerry Biofunctional Ingredients, Inc.
    Norwich
    560
    112
    0
    $6,000,000
    Roberson Museum & Science Center
    Binghamton
    46
    19
    0
    $1,762,200
    Tungsten Sources LLC
    Horseheads
    1,226
    20
    2,000,000
    Southern Tier Region Sub-totals:
    1,832
    131
    20
    $9,762,200
    AlSher Pigments, Inc.
    Lackawanna
    2,100
    85
    50,000,000
    Berry Plastics Corp.
    Dunkirk
    1,296
    56
    15
    $3,000,000
    Ford Motor Company
    Buffalo
    436
    640
    0
    $70,000,000
    Meals on Wheels Foundation of Western New York, Inc.
    Buffalo
    86
    74
    0
    $250,000
    PCB Piezotronics, Inc.
    Depew
    46
    170
    0
    $400,000
    Western New York Region Sub-totals:
    3,964
    940
    100
    $123,650,000
    Totals
    32,840
    14,968
    1,667
    $1,005,900,428
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