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What is ReCharge New York?
ReCharge New York (RNY) is Governor Andrew M. Cuomo's statewide economic development power program for qualified businesses and not-for-profit corporations. It went into effect on July 1, 2012. The program is designed to retain and create jobs through allocations of low-cost power.
RNY is a block of 910 Megawatts (MW) of electric power
- 50% NYPA hydropower
- 50% market power procured by NYPA
Who is Eligible?
The program is open to businesses and non-profit organizations (as defined in subdivision five of paragraph (a) of section 102 of the not-for-profit corporation law). Certain entities are not eligible, including all retail businesses, sports venues, gaming or entertainment-related establishments, and places of overnight accommodation.
Evaluation Criteria
Allocations of RNY power are made through a competitive application process. All RNY applications are evaluated in consideration of the program's legislative criteria.
Contract Term
Contract terms may be up to seven years.
APPROVAL OF ALLOCATIONS
The New York State Economic Development Power Allocation Board (EDPAB) reviews applications and makes allocation recommendations to NYPA's Board of Trustees.
NYPA's Trustees review EDPAB's recommendations prior to making final allocation decisions.
How to Apply
News
March 28 - Governor Cuomo Announces Fifth Round of Low-Cost Power Allocations Under Recharge NY Program
RNY Power recipients
- Map - new
Program Highlights
Contact us:
For more information,
write to:
ReCharge NY
c/o New York Power Authority
123 Main Street
White Plains, NY 10601
Or call the RNY hotline:
1-888-JobsNYS (1-888-562-7697)
Email: recharge.newyork
@nypa.gov
Fax: 914-681-6255