New York Governor Announces ReCharge NY, Low-Cost Power, Incentive Programs to Help Employers

The New York Governor announced state economic development incentives that directly support the creation and retention of more than 6,500 jobs and capital investments of more than $551 million throughout New York State. The New York Power Authority Board of Trustees approved power and funding incentives through five NYPA economic development programs, including the Governor’s ReCharge NY program, which provides qualifying businesses and non-profit organizations with discounted New York Power Authority power in exchange for commitments to retain or create jobs in the state. The jobs created come from a gamut of industries and regions from across the state, including ...