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Lake Placid's business district offers a variety of shops and restaurants.

 

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Welcome to the web page for the Municipal Electric Department of Lake Placid Village, Inc.! Lake Placid is world famous as a site for two Winter Olympics, but did you know that we’re also the home of many successful businesses? By purchasing our electricity from the New York Power Authority, we can offer our customers some of the lowest cost electricity in the state. Perhaps you should consider locating your company here.

North Elba Town Hall

North Elba Town Hall

Our electric department serves about 4,000 customers, covering all of Lake Placid Village and part of the surrounding Town of North Elba. The department was established in 1906. At that time, our electricity needs were met by the nearby Paul Smiths Light and Power Co., as well as two small hydroelectric generators on the Ausable River (one of which, almost 100 years old, is still in operation at a museum in Delaware). We began buying our electricity from the New York Power Authority in 1967.

Lake Placid olympic facilities photo

The Lake Placid Olympic Facilities are a popular attraction.

Tourism is our number one industry, and with good reason: the recreational opportunities here are limitless. We’ve hosted two Winter Olympics (1932 and 1980), and, in 1999, Lake Placid was the site of the first Ironman Triathlon held on the mainland United States. Located in the Adirondack Park, our region is rich in natural beauty. But Lake Placid is more than just a great place to vacation.

More and more businesses are recognizing our community as an ideal place to set up shop, whether they’re a sporting goods outfitter or a high-tech industrial center. Tracts of undeveloped land are available within our electric department’s jurisdiction. We welcome new businesses and are willing to work with prospective employers in meeting the requirements of the Adirondack Park Agency. Much more information is available at the Lake Placid/Essex County Convention and Visitors Bureau web page: www.lakeplacid.com

What Lake Placid's Municipal Electric Department has to offer your company:
Location Admittedly, Lake Placid is off the beaten path, but with today’s telecommuting possibilities, working in a big city may no longer be necessary. Our village is a 2 ½ hour drive from three major airports: Albany, New York; Burlington, Vermont; and Montreal, Quebec. Adirondack Airport, in the nearby community of Saranac Lake, receives commercial flights and is just 16 miles away. Lake Placid Municipal Airport, which can handle charter flights, is one mile south of the village. Amtrak serves Lake Placid with its Westport station, located 40 miles to our east. Lake Placid is about a 30-mile drive from exit 30 of the Adirondack Northway (I-87).
Business Opportunities The Adirondack Economic Development Corporation (AEDC) is in business to help you locate your business in our area. This service is offered in cooperation with the Empire State Development Corporation through Governor George Pataki’s Adirondack Initiative. A variety of incentive programs and packages are available for your consideration. You can visit the AEDC web page at: http://www.growingbusiness.com
Real Estate Lake Placid has several professional realtors, specializing in residential and commercial properties, for sale and/or rental. Undeveloped land is plentiful outside the village line.
Competitive Electric Rates Service Classification No. 1 (residential):

November – April Customer Charge: $2.5000

First 1,500 kwh: $0.02752
Over 1,500 kwh: $0.04796

May – October Customer Charge: $2.5000

All kwh: $0.02752

Service Classification No. 2 (non-residential, with monthly maximum demand of less than 25 kilowatts or monthly maximum usage of less than 5,000 kilowatt-hours for any one month – November – April):

November – April  Customer Charge: $2.5000

All kwh: $0.04335

May – October Customer Charge: $2.5000

All kwh: $0.03471

Service Classification No. 3 (non-residential, with monthly demand of 25 kilowatts or more or usage of 5,000 kilowatt-hours or more for any one month – November – April):

Demand Charge, per kilowatt: $4.5000

Energy Charge, per kilowatt-hour: $0.01244

If you would like to learn more about the Municipal Electric Department of Lake Placid Village, Inc., contact:

Welcome to Lake Placid photoPeter Kroha, Superintendent
301 Main Street
Lake Placid, New York 12946

(518) 523-2021

LPVE@Adelphia.net

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