State Sen. George D. Maziarz, R-C-Newfane, has announced that 10 businesses in Niagara, Orleans and Monroe counties were selected under the second round of allocations under the new "Recharge NY Program" at Tuesday's New York Power Authority board meeting.
The new, robust program will make 910 megawatts of low-cost electricity available to companies committed to creating and retaining jobs in New York. Businesses and institutions that receive Recharge New York power allocations will be allowed to enter into contracts with NYPA for up to seven years, which provides long-term certainty to encourage new investment and expansion. Recharge New York will reserve at least 350 MW for economic development in the National Grid, NYSEG and RG&E service territories and 200 MW to attract new investment, thus ensuring that the new program will result in both job retention and job creation. In addition, Recharge New York will reserve 100 MW for not-for-profits, such as hospitals, thus protecting jobs in institutions that provide critical services to our communities.
"The Recharge NY Program is something that I championed in Albany in order to provide both jobs for this area as well as stability for companies in the assurance of a seven-year-contract," Maziarz said. "The businesses selected have clearly shown their commitment to the community. This low-cost energy will inevitably help keep businesses in this area for a long time and will in turn help grow the region's economy. I applaud the New York Power Authority for their selection of such deserving recipients."
The businesses selected in Niagara County are: Calspan Corporation, Diversified Manufacturing Inc., VanDeMark Chemical Inc., CWM Chemical Services, and J.D. Calato Mfg. Co. The business selected in Orleans County is: EPCO Carbon Dioxide Products. The businesses selected in Monroe County are: Celmet, XLI Corporation, CW Cold Storage and EPP Team Inc.