Information from 2011 CFA 1,009 applications received by January 27, 2012 517 allocations approved...
Transcript of Information from 2011 CFA 1,009 applications received by January 27, 2012 517 allocations approved...
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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
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RNY Allocations Approved by Region
Region No. of Apps % of Apps
Capital District 37 7%
Central New York 72 14%
Finger Lakes 49 9%
Long Island 79 15%
Mid-Hudson 29 6%
Mohawk Valley 49 9%
New York City 81 16%
North Country 26 5%
Southern Tier 31 6%
Western New York 64 12%
517 100%
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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
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Applicant Eligibility RequirementsEligible 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
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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
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RNY Contact Information Consolidated Funding Application
(CFA): http://nyworks.ny.gov
Hotline: 888-JOBSNYS 888-562-7697
Website: www.nypa.gov/rechargeny
Email Address: [email protected]
Fax Number: 914-681-6255