Business Council to hold ReCharge New York Webinar

ALBANY, NY (04/26/2012)(readMedia)-- The New York Power Authority (NYPA) approved allocations to 422 businesses, including 122 small businesses, with total allocations of 522 megawatts (MW) of low-cost hydropower and NYPA purchased power. Other applications are still under review, and NYPA has an open application process for additional participants.

The Business Council worked successfully with Governor Cuomo and the state Legislature to adopt a permanent, statewide economic development power program, after years of one-year extenders of the old Power for Jobs program. ReCharge New York will provide low-cost electric power, and long-term renewable contracts, to businesses that maintain job, wage and investment commitments.

"These allocations will help offset the state's high cost of power for energy-intensive businesses, especially in the state's manufacturing sector, and will support new and retained jobs and new capital investment." said Heather Briccetti, President and CEO of The Business Council of New York State, Inc.

On Tuesday, May 1 at 2:00 pm The Business Council, along with Constellation Energy, will host a webinar designed to help those that participated in the first round of the ReCharge New York energy program manage their remaining power needs. The webinar is free and will cover the following:

• ReCharge New York Program Description

• Current Economic Drivers

• Power & Natural Gas Supply & Demand for 2012

• ReCharge New York Customer Outcomes & Pricing Scenarios

• Constellation Products & Services to Meet Your Needs

For more information and to register for this free informational event click here.