NYPA Logo

NEWS

Photo and Caption: New York Power Authority’s Municipal Electric Drive Program

Contact:
Maura Balaban
914-390-8171
Maura.Balaban@nypa.gov


December 20, 2013

Hi Res

 

Hi Res

This Ford Escape and bucket truck are two examples of electric-drive vehicles available to municipal and rural electric cooperative systems in New York State under the New York Power Authority’s (NYPA) Municipal Electric Drive Program. On Tuesday, Dec. 17, NYPA trustees approved increased funding of $2-million for the program which helps these NYPA customers finance the replacement of less fuel-efficient vehicles for use in their fleets in order to advance Governor Cuomo’s clean energy goals. The program works by offsetting the additional purchase costs of clean-fueled vehicles and provides zero-interest financing. The funds made available for the purchase of these vehicles are recovered over the course of three years. Among the electric and hybrid-electric vehicles now commercially available and offered for purchase under this program are the Ford Focus, Nissan Leaf and Honda Fit battery electric cars and the C-Max Energi, Ford Fusion, Chevrolet Volt and Toyota Prius plug-in hybrid cars.


Photo Credit:  NYPA


About NYPA:

■The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA has been designated as the lead entity via Executive Order 88 by Gov. Andrew M. Cuomo to form a central management and implementation plan to carry out his Build Smart NY plan to reduce energy use by state facilities by 20 percent by 2020.■ NYPA is the nation's largest state public power organization, through the operation of its 16 generating facilities in various parts of New York State, participation in a unique public/private partnership to contract for power from a clean generating plant in Queens, and its operation of more than 1,400 circuit-miles of transmission lines. ■ More than 70 percent of the electricity NYPA produces is clean renewable hydropower. Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.■For more information, www.nypa.gov and follow us on Facebook, Instagram, LinkedIn, Wordpress and @NYPAenergy on Twitter.