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N.Y. Power Authority To Hold Nov. 3-4 Hearings On Hydropower Contract Extensions With Upstate Utilities

Contact:
Michael Saltzman
914 390 8181
michael.saltzman@nypa.gov

November 1, 2010

FOR IMMEDIATE RELEASE

WHITE PLAINS—The New York Power Authority (NYPA) will hold public hearings on Wednesday (Nov. 3) and Thursday (Nov. 4) in Lewiston and Syracuse, respectively, on proposed contract extensions for sale of low-cost hydropower to National Grid, New York State Electric & Gas, and Rochester Gas and Electric for their residential and small farm customers.

The contract extensions would provide for the continued sale of a total of 455 megawatts (mw) of firm power and 360 mw of firm peaking power to the three upstate utilities, from Jan. 1 through Dec. 31, 2011.  The agreements would be subject to early termination on 30 days’ written notice by NYPA, as with previous extensions.   

Firm power is defined as power available at all times, while firm peaking power is generation to satisfy demand for electricity during hours of greatest usage.  

The proposed contracts, for providing amounts of power from NYPA’s Niagara and St. Lawrence-Franklin D. Roosevelt Power Projects, will be submitted to Gov. David A. Paterson for his consideration following the hearings.  

Wednesday’s hearing will be held from 3 p.m. to 7 p.m at the Niagara Power Project Power Vista at 5777 Lewiston Rd., in Lewiston, near Niagara Falls.

The hearing on Thursday, also from 3 p.m. to 7 p.m., will be conducted at Syracuse City Hall, Common Council Chambers, 233 East Washington St., in Syracuse. 

Written statements provided to the Power Authority by the close of business on Friday, Nov. 5, will also become part of the record of the hearings.  The statements can be sent to Karen Delince, NYPA corporate secretary, at 123 Main St., White Plains, N.Y. 10601 or to secretarys.office@nypa.gov


The proposed agreements are available by clicking on NYPA’s Web site at www.nypa.gov/publichearings

 

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 is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation's largest state public power organization, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. ■ Approximately 80 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, www.nypa.gov.

 

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