Businesses: Economic Development
Economic Development incentives are offered by utilities for the purpose of attracting and retaining business customers. Qualified large businesses seeking to locate or expand operations in New York state rely on these programs to obtain energy that is competitively priced. Small businesses that locate in Empire Zones can qualify for competitive energy rates.
You can contact your local electric and gas utility for more information on the types of energy-related incentives offered to eligible customers as indicated below:
Central Hudson Gas and Electric - http://www.chenergygroup.com/
1-800-527-2714
Ask about:
- Growth Incentive Rate Program
- Revitalization Rate Program
Consolidated Edison - http://www.coned.com/
1-800-643-1289
Ask about:
- Business Incentive Rate Program
- Industrial Employment Growth Credit Program
Keyspan Energy Delivery - http://www.keyspanenergy.com/
718-648-4050 (New York City)
1-800-490-0025 (Long Island & Rockaways)
Ask about:
- Flexible gas transportation rates and fixed rate gas discounts
Long Island Power Authority(LIPA) - http://www.lipower/
1-800-692-2626
Ask about:
- Economic Development Rate
- Business Incubation Program
- Manufacturing Competitiveness Program
- Empire Zone Program
- Natural gas discounts on interruptible service
National Fuel Gas - http://www.natfuel.com
1-800-365-3234
Ask about:
- Flexible gas transportation rates and fixed rate gas discounts
New York State and Electric Corp. (NYSEG) - http://www.nyseg.com/
1-800-572-1111
Ask about:
- Economic Development Incentive
- Economic Revitalization Incentive
- Industrial Incubator Incentive
- Industrial/High Load Factor
- Business Retention Incentive
- Small Business Growth Incentive
· Profit Package
Niagara Mohawk Power Corporation (NIMO) - http://www.nimo.com/
1-800-642-4272
Ask about:
· Shovel Ready Resource Service
· Export New York Service
· Economic Development Zone Rider
· Small Business Growth Incentive
1-877-343-4100
Ask about:
- Economic Development Rate
Rochester Gas and Electric (RG&E) - http://www.rge.com/
1-888-253-8888
Ask about:
- Economic Development Zone Rider
- Incremental Manufacturing Load Rate
- Special Rate Contracts
Empire Zones
In some instances qualified business may be eligible for special reduced electric and gas rates that locate or expand their operations in one of New York State's 52 Empire Zones (formerly Economic Development Zones). Empire Zone programs are administered through cooperation of the New York State Department of Economic Development (ESD), New York State Department of Labor, the Public Service Commission (PSC) and the local economic development certification board. The regional offices for ESD are available by accessing ESD's website http://www.empire.state.ny.us
Power for Jobs Program
To help retain jobs and expand employment, the Power for Jobs (PFJ), administered by the New York Power Authority (NYPA) is available to eligible large businesses and not-for-profit corporations with more than 400kw of electric demand. Small businesses and not-for-profit corporations (each having a minimum of 10kW of electric demand) that, individually, or as an aggregated group have loads of 100kW or greater may also be eligible.
For more information contact NYPA at 1-888-562-7697 or access the NYPA's website http://www.nypa.gov/
Energy Services Companies (ESCOs)
Any business, individually, or as an aggregated group of businesses can seek competitively-priced energy supply from an Energy Services Company (ESCO). You can choose whether to remain with your current utility or switch to an ESCO that provides electric and gas supply and other services. A listing of ESCOs is available on the Public Service Commission's website http://www.AskPSC.com
