There are incentives and grants available for clean energy investments that support the growth of jobs and capital investment in New York State.

As part of our commitment to supporting growth, development and innovation across New York, NYPA provides grants and low-cost power to eligible organizations. Following are some of the incentives and grants that support economic growth and clean energy in New York State.

Contact us for more information.

New York State | Northern New York | Western New York

New York State
+
Low-Cost Hydropower (ReCharge, Western NY Hydropower, Preservation Power)

NYPA offers low-cost hydropower to eligible businesses. Learn more about ReCharge NY, Western NY Hydropower, and Preservation Power.

Smart Street Lighting Grant

With Smart Cities technologies, communities can remotely manage their street lights – resulting in improved public services and operational efficiency. This program offers support in the planning and installation of Smart City sensor technologies as part of an LED street lighting conversion. The program runs through 2025.

Contact us for more information about NYPA's Smart Street Lighting Program, or for more information about this grant.

Do I qualify for a Smart Street Lighting Grant?

Communities across New York State are eligible, and should work directly with NYPA for planning and implementation of their street lights before applying for their grant.

  • Customers must have signed ATP and MCRA contracts with NYPA for the full turnkey conversion of their street lights to LED
  • Smart City sensors, hardware, and software must be pre-approved by NYPA

Applicants that meet all of the requirements will be eligible to receive a range of grant funding dependent on the quantity of streetlights, as well as the amount of matching funds the community may contribute.

For more information about this Smart Street Lighting grant:

1) Contact us to learn more.

2) Provide your information here to start your application.

Industrial Economic Development Program (IEDP)

NYPA’s Industrial Economic Development Program consists of 54 MW of the 768 MW of hydropower that makes up the Municipal and Rural Electric Cooperative Systems. This power is allocated to support new or expanding businesses within the service area. This allocation supports economic development throughout the state, helping lower energy costs so businesses can prioritize their growth in New York. Awards are allocated with the approval of the NYPA Board of Trustees.

Contact us for more information about the IEDP.

Do I qualify for the IEDP?

Municipal and rural electric cooperative areas are eligible to apply.

Northern New York
+
Low-Cost Hydropower (Preservation Power)

NYPA offers low-cost hydropower to eligible businesses. These low-cost hydropower programs are available on a regional basis. For companies located in Northern NY, NYPA offers Preservation Power.

For companies located in other areas of NY, learn about ReCharge NY and Western NY Hydropower here.

Northern New York Power Proceeds | North New York Economic Development Fund (NNYEDF)

The Northern New York Power Proceeds Allocation Board (NNYPPAB) reviews applications for funds to support eligible costs and capital investment for economic development projects in St. Lawrence County. The NNYPPAB then makes recommendations to the NYPA Board of Trustees to approve funding from the Northern New York Economic Development Fund (NNYEDF).

Learn about the Northern New York Power Proceeds application process here.

Contact us for general information and guidance.

Greater Massena Economic Development Fund

The Greater Massena Economic Development Fund is a revolving loan fund established by NYPA to provide incentives for business enterprises to establish, maintain or expand plants, facilities or operations in the Town of Massena and St. Lawrence County. It is administered by the St. Lawrence County Industrial Development Agency. For more information, visit: www.slcida.com

North Country Economic Development Fund (NCEDF)

The North Country Economic Development Fund is a $10 million revolving loan fund administered by the Development Authority of the North Country (DANC) that provides loans to businesses expanding their facilities and creating or retaining jobs in the region. It offers financing for eligible projects located in Jefferson, Lewis, St. Lawrence, Clinton, Essex, Franklin, Hamilton and Herkimer Counties, and the portion of the Akwesasne Mohawk Reservation located within New York State. The NCEDF is jointly administered by NYPA and the Development Authority of the North Country (DANC), with Empire State Development (ESD) and North Country Alliance (NCA) representatives also serving on the NCEDF board.

For details, click the NCEDF link on www.danc.org/business-development

St. Lawrence River Valley Redevelopment Agency (RVRDA)

RVRDA is a partnership of St. Lawrence County, the four communities of Lisbon, Louisville, Massena and Waddington, and the St. Lawrence County Industrial Development Agency Local Development Corporation. The Agency was formed in 2010 to administer funds established and set aside by NYPA for economic development activities and programs. Learn more: info@slcida.com

Western New York
+
Low-Cost Hydropower (Western NY Hydropower)

NYPA offers low-cost hydropower to eligible businesses. These low-cost hydropower programs are available on a regional basis. For companies located in Western NY, NYPA offers Western NY Hydropower.

For companies located outside Western NY, learn about ReCharge NY and Preservation Power here.

Western NY Power Proceeds | Western NY Economic Development Fund (WNYEDF)

The Western New York Power Proceeds Allocation Board (WNYPPAB) reviews applications for funds to support eligible costs and capital investment for economic development projects within a 30-mile radius of the Niagara Power Project. The WNYPPAB then makes recommendations to the NYPA Board of Trustees to approve funding from the Western New York Economic Development Fund (WNYEDF).

Learn about the Western NY Proceeds application process here.

Contact us for general information and guidance.

Niagara Economic Development Fund

The Niagara Economic Development Fund is a revolving loan fund established in 1990 to improve Niagara County's economic climate by providing loans for the establishment, maintenance or expansion of plants, facilities or operations in Niagara County. The Niagara County Development Corporation ("NCDC"), a not-for-profit under New York State Corporation Law, acts as Administrator and Trustee of the Fund. Learn more: www.niagaracountybusiness.com

Allocation Boards
Back to Top
Stay Updated
Join our mailing list

Subscribe

* indicates required
NY Power Authority
share
twitter facebook instagram email 
twitter  facebook instagram linkedin tumblr youtube flickr