New York State Economic Development Power Allocation Board logo

Samuel Hoyt
Chairman

Robert B. Catell

Bernard P. McGarry

Eugene L. Nicandri

Next Meeting:

May 20, 2014 - 10:00 a.m.

Webcasts Available

2013 Report to the Governor and Legislative Leaders on NYPA Power Programs for Economic Development


EDPAB Meeting Minutes
(in .html and .pdf format)

2013
December (pdf version) (html)
September (pdf version)
(html)
July (pdf version)
(html)
March
(pdf version)

2012
January (no meeting)
February (no meeting)

March (pdf version)
April (pdf version) (html)

May (no meeting)
June (pdf version)
July (no meeting)
August (no meeting)
September (pdf version) (html)

October (no meeting)
November (no meeting)
December (pdf version) (html)


2011
January (pdf version)
February (no meeting)

March (no meeting)
April (pdf version)
May (pdf version)
June (pdf version
July (pdf version)
August (no meeting)
Seotember (pdf version)
October (no meeting)
November (no meeting)
December (no meeting)

 

2010
January (pdf version)
February 2 (pdf version)
February (pdf version)

March (pdf version)
April (no meeting)
May (pdf version)
June (pdf version)
July (no meeting)

Special August (pdf version)
September (pdf version)
October (pdf version)
November (no meeting)
December (pdf version)


2009
January (no meeting)
February (html) (pdf)

March (html) (pdf)
April (no meeting)
May (html) (pdf)
June (html) (pdf)
July(html) (pdf)
August (no meeting)
Septmber (html ) (pdf)
October (html) (pdf)
November (no meeting)
December (html) (pdf)

EDPAB Meeting Minutes Archive: 1996 - 2008

The Power to Grow Business headline

About EDPAB
The New York State Economic Development Power Allocation Board (EDPAB) helps make possible allocations of lower-cost electricity, helping businesses in New York State retain or create jobs. These allocations can also serve as a powerful incentive for firms at risk of closing or leaving the state.

The four-member board consists of two appointees of the Governor, one appointee of the Majority Leader of the Senate and one appointee of the Speaker of the Assembly. The board was established by the 1987 law creating the Economic Development Power program. EDPAB reviews applications and makes recommendations to the New York Power Authority (NYPA) for allocations that meet the criteria of specific programs administered by the Authority, primarily ReCharge New York (RNY).

ReCharge New York
ReCharge New York is Governor Andrew M. Cuomo's new statewide economic development power program for qualified businesses and not-for-profit corporations. It was signed into law on April 14, 2011, and is designed to retain and create jobs through allocations of low-cost power. The ReCharge New York power program replaces and improves upon previous programs by allowing applicants to enter into contracts of up to seven years. It also provides opportunities to new participants when power becomes available.

RNY is a block of 910 Megawatts (MW) of electric power

  • 50% will come from NYPA hydropower supplies

  • 50% will come from market power procured by NYPA, or the business or not-for-profit

  • At least 350 MW are reserved for upstate businesses and institutions

  • At least 200 MW are reserved for business attraction and expansion statewide

  • Up to 100 MW are reserved for small businesses and not-for-profit corporations

Under ReCharge New York, companies are awarded power contracts based on capital investment commitments, job retention and creation, consistency with regional economic development council priorities and other factors. Businesses participating in the program must also demonstrate a commitment to maximizing energy efficiency.

Along with input from the state’s Regional Economic Development Councils, 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.

For more information
Send e-mail to edpab@nypa.gov or call 888-562-7697. You can also find economic development information on the NYPA Home Page at www.nypa.gov.

For additional information on New York State and its services, agencies and activities, visit the New York State Home Page and New York State Government Information Locator.