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Published byJob Wade Modified over 9 years ago
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Information from 2011 CFA 1,009 applications received by January 27, 2012 517 allocations approved by the NYPA Board of Trustees on April 24, 2012 All 10 regions represented in the allocations of RNY power approved on April 24, 2012 See map for approved allocations by region 2
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RNY Allocations Approved by Region 3 Region No. of Apps % of Apps Capital District377% Central New York7214% Finger Lakes499% Long Island7915% Mid-Hudson296% Mohawk Valley499% New York City8116% North Country265% Southern Tier316% Western New York6412% 517100%
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RNY Program Description RNY is Governor Cuomo’s new statewide economic development electric power program 910 Megawatts (MW) 50% NYPA hydropower 50% market power procured by NYPA At least 350 MW for applicants in upstate utilities territories At least 200 MW for attraction and expansion purposes Up to 100 MW for small businesses and not-for-profit corporations Competitive application process Long-term contracts of up to seven years 4
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Applicant Eligibility Requirements Eligible applicants include: Businesses Small Businesses Not-for-Profit Corporations Ineligible applicants include: Retail businesses Sports venues Gaming or entertainment related establishments Places of overnight accommodations 5
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No cash disbursements under the RNY program Benefit is in the form of a low-cost power allocation Project Cash Disbursement Methods 6
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RNY Contact Information Consolidated Funding Application (CFA): http://nyworks.ny.gov http://nyworks.ny.gov Hotline: 888-JOBSNYS 888-562-7697 Website: www.nypa.gov/rechargenywww.nypa.gov/rechargeny Email Address: Recharge.NewYork@nypa.govRecharge.NewYork@nypa.gov Fax Number: 914-681-6255 7
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