Helping Grow Businesses and Jobs

A PARTNERSHIP FOR PROSPERITY

Empire State Development (ESD), New York’s economic development agency, counts on the Power Authority’s low-cost electricity as one of the state’s most valuable assets in promoting business and job growth.

Charles A. Gargano, chairman and commissioner of ESD, considers NYPA power indispensable in making New York’s energy costs competitive with those in other states.

“While industries such as manufacturing are energy-intensive, nearly all businesses are sensitive to the cost of electricity,” he said. “Empire State Development strives to secure the best available price for electricity for businesses that seek to retain jobs, expand or locate in New York State.”

story continues...


	'One of New York State's most valuable economic development tools is the economical electricity produced at NYPA's Niagara and St. Lawrence-FDR hydroelectric projects...' Charles A. Gargano Chairman & Commissioner, Empire State Development

		A PARTNERSHIP FOR PROSPERITY Empire State Development (ESD), New York’s economic development agency, counts on the Power Authority’s low-cost electricity as one of the state’s most valuable assets in promoting business and job growth. Charles A. Gargano, chairman and commissioner of ESD, considers NYPA power indispensable in making New York’s energy costs competitive with those in other states. “While industries such as manufacturing are energy-intensive, nearly all businesses are sensitive to the cost of electricity,” he said. “Empire State Development strives to secure the best available price for electricity for businesses that seek to retain jobs, expand or locate in New York State.” story continues...