N.Y. Power Authority Seeks Proposals for Energy
Supplies for New York City and Westchester Governmental Customers
July 29, 2009
FOR IMMEDIATE RELEASE
WHITE PLAINS—New York Power Authority (NYPA)
President and Chief Executive Officer Richard M. Kessel today
announced the issuance by the Power Authority of a Request for
Proposals (RFP) for economical energy supplies for serving the
Authority’s governmental customers in New York City and Westchester
The Power Authority is seeking 300 to 500 megawatts
(mw) from one or more suppliers, preferably for three to five years,
to be available for delivery as early as Jan. 1, 2010. Potential
bidders may offer energy, as well as capacity, from existing plants,
and/or financial instruments for managing the electricity costs of
the governmental customers.
“The New York Power Authority is committed to
helping our New York City and Westchester governmental customers
manage their electricity costs and reduce the burden on taxpayers,”
Kessel said. “Over the years, thousands of downstate public
facilities, including schools, hospitals and municipal buildings,
have saved hundreds of millions of dollars annually from the
economical and diversified power supplies that NYPA has provided.
The RFP that we’ve just issued should further support additional
savings in the future.
NYPA will consult with the New York City and
Westchester governmental customers in reviewing the bid proposals.
The proposals will be evaluated based on a number of criteria,
including price, risk management, conformance with environmental
goals of New York State, New York City and Westchester County; and
their contribution to diversifying NYPA’s energy supply portfolio.
The Power Authority currently serves the New York
City and Westchester governmental customers with a combination of
NYPA generating facilities and purchases from the wholesale energy
market. The peak summer demand of the customers is more than 1,800
The Power Authority has met the electricity needs
of the downstate governmental customers since 1976, and also
partners with them on energy-efficiency and clean energy projects.
These efforts have lowered the annual electric bills at more than
2,100 public facilities by about $78 million, reduced greenhouse gas
emissions by about 580,000 tons a year and displaced more than 1.5
million barrels of oil annually.
The RFP can be downloaded from the NYPA Web site at
Bidders have until Aug. 21 to respond to the
request, with proposals to be submitted to the Power Authority’s
vice president of Power Resource Planning and Acquisition, Jordan
■ 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 is a leader in promoting energy efficiency,
new energy technologies and electric transportation initiatives.
■ It is the nation's largest state-owned electric utility, with
18 generating facilities in various parts of New York State and more
than 1,400 circuit-miles of transmission lines. ■ About 75
percent of the electricity it 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,
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