NYPA works with businesses and not-for-profits that commit to New York’s vision of driving economic growth through jobs and capital investment. We support you as you expand operations, retain or create jobs, and continue to invest in your business or organization.
NYPA's hydropower is available for economic development through these programs:
For expansion projects, reach out to NYPA for guidance as early as possible during the project planning stage, since new allocations must be approved before the project starts.
NYPA’s hydropower programs provide clean, renewable power that reduces carbon emissions.
To learn more about NYPA’s hydropower programs, complete this contact form.
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Review our FAQs & Eligibility below. To discover more about this topic and related news search the NYPA Media Room.
NYPA’s hydropower programs were established with economic development as a goal.
The list of eligible organizations can be found under the program information in the resources section.
NYPA provides economic development hydropower to customers that commit to job retention or capital investment. Customers benefit from hydropower at low rates and may receive additional savings on the delivery of power.
We offer fixed rates that provide price predictability throughout the year. Companies that are awarded hydropower allocations will become NYPA customers. These companies can also purchase market-priced power with green energy options through NYPA’s Market+ Power program.
Contact us to learn more about our economic development hydropower programs.
For expansion projects, reach out to NYPA for guidance as early as possible during the project planning stage, since new allocations must be approved before the project starts.
The right clean power program for you will depend upon eligibility and factors such as the geographic location of your business, whether an expansion is currently contemplated (including size and scope), and whether your company plans to add electric load. As noted, our hydropower allocations are done on a competitive basis to support economic development. Allocation decisions are based on factors including job retention and creation, and capital investment commitments. Contact NYPA or email us at
NYPA offers its hydropower customers long-term agreements of 7-10 years, which provide price stability and budget certainty. The rates are fixed for 12 months and are subject to annual adjustments.
NYPA’s hydropower programs are designed to stimulate jobs and investment in New York State. Our hydropower programs were created through legislation and provide eligible businesses with cost-effective energy and long-term stability for budgeting.
NYPA is a State authority, and you can trust that our programs do not contain hidden fees, penalties, or escalation clauses. Our goal is to provide you with cost-effective solutions and the best information to meet your energy needs and help your business succeed.
NYPA has over 60 years of expertise in clean energy solutions, and customers who take power from NYPA are also eligible for NYPA’s broader advisory and energy efficiency services.
NYPA’s economic development hydropower programs are allocated based on job retention, creation, and capital commitments. Your Key Account Manager will work with you to review compliance requirements annually, and to evaluate your organization’s circumstances. Non-compliance may result in a reduction of your power allocation or an adjustment of your commitments.
We recommend that you first contact us to understand the application requirements for each of these economic development hydropower programs. We can evaluate your circumstances to help you understand the best program for you, and we can guide you through the application process. You can also email us at poweringbusiness@nypa.gov or call us at 1-888-562-7697.
There is a separate application process for Preservation Power, Western New York Hydropower, and ReCharge NY:
For your ReCharge NY application, it will help to have the following information available:
Learn more about ReCharge NY's Consolidated Funding Application Process by viewing the CFA Process Guide or start your CFA application here.
To learn more about the Economic Development Power Allocation Board’s role in the allocation process, visit EDPAB | NNYPPAB | WNYPPAB