Kenneth A. Schoetz
Chairman
James A. Duncan, Jr.
Bernard P.
McGarry
Next Meeting:
December
15, 2008
Available webcasts:
July 22, 2008 -
New Chairman of State
Economic Development Power
Allocation Board to Preside
at Meeting on Tuesday
(press
release)
April 2008 -
2007 Report to the
Governor and Legislative Leaders on Power for Economic Development
EDPAB Meeting Minutes
(in .html and .pdf format -
to download .pdf reader,
click on Get Acrobat Reader
icon below)
2008
November
(html)
October
(html)
September
(html)
July
(html)
June
(html)
May
(html)
April
(html)
March
(html)
February
(html)
January
(html)
2007
December
(html)
November
(html)
October
(html)
September 2007
(html)
August (no meeting)
July 2007
(html)
June 2007
(html)
May 2007(html)
April 2007
(html)
March 2007
(html)
February 2007
(html)
January 2007
(html)
2006
December 2006
(html)
November 2006
(html)
October 2006
(html)
September 2006
(html)
August (no meeting)
July 2006
(html)
June 2006
(html)
May 2006
(html)
April 2006
(html)
March 2006
(html)
February
(no meeting)
January 2006
(html)
2005
December 2005
(html)
November 2005
(html)
October 2005
(html)
September 2005
(html)
(html Exhibits)
July 2005
(html)
(html exhibits)
June 2005
(html)
(html exhibits)
May 2005 (html)
(html
exhibits)
March 2005 (html)
(html
exhibits)
February 2005
(html)
2004
December 2004 (html)
(html
exhibits)
(pdf exhibits
1 &
2)
(in .pdf format only)
November 2004 (html)
(html
exhibits)
May 2004 (html)
March 2004
2003
December 2003
September 2003
July 2003
June 2003
May 2003
April 2003
March 2003
February 2003
January 2003
2002
December 2002
October 2002
September 2002
2001
October 2001
June 2001
April 2001
January 2001
2000
November 2000
September 2000
March 2000
February 2000
January 2000
1999
September 1999
June 1999
May 1999
April 1999
March 1999
February 1999
1998
November 1998
October 1998
September 1998
August 1998
June 1998
April 1998
March 1998
February 1998
January 1998
1997
December 1997
September 1997
July 1997
1996
December 1996
June 1996
April 1996
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About EDPAB
The New York State Economic Development Power Allocation Board (EDPAB)
helps make possible allocations of lower cost electricity to businesses
expanding in New York State or those that might otherwise be at risk of
closing or leaving the state.
The four-member board consists of two appointees of the
Governor, one appointee of the Majority Leader of the Senate and one
appointee of the Speaker of the Assembly. The board was established by the
1987 law creating the Economic Development Power program. EDPAB reviews
applications and make recommendations for allocations to the New York Power
Authority (NYPA) from two power programs administered by the Authority:
Power for Jobs and Economic Development Power. Together, the programs help
to protect more than 400,000 jobs at hundreds of enterprises around the
state.
Power for Jobs
In
July 1997, then-Governor George E. Pataki and the State Legislature
approved the Power for Jobs (PFJ) program to provide
400 megawatts (mw) of economical electricity for businesses and
not-for-profit corporations that commit to create or retain jobs in
New York. Under the terms of the program, qualified participants
receive power from the Power Authority under a sale-for-resale
agreement, whereby the Power Authority provides the power to the
customer’s local utility which in turn delivers it to the customer.
Job commitments are contained in separate contracts enforceable by
the Power Authority.
The program has been amended by the State
Legislature and the Governor a number of times to accelerate power
allocations, provide additional megawatts for qualified participants
and to extend the program benefits. In 2004, provisions were
approved to give customers whose contracts were set to expire the
choice between receiving an “electricity savings reimbursement”
rebate or a power contract extension. Only existing PFJ customers
were made eligible for extended benefits. In 2005, the State Legislature and the
Governor approved extension of PFJ benefits until December 31, 2006
and subsequently extended them to June 30, 2007.
Under the Power for Jobs program, EDPAB evaluates applications on a competitive basis and recommends
allocations to NYPA’s trustees for their approval. All of the power
under the Power for Jobs program has been fully allocated and we are
no longer taking applications.
Power for Jobs has helped over 700 companies
make the
transition to the newly deregulated electricity marketplace in New
York State. Large and small businesses as well as not-for-profit
organizations throughout the State have had the opportunity to
secure low-cost power in exchange for keeping or creating new jobs
in New York. The program is linked to nearly 300,000
New York State jobs.
Economic Development Power
Established by state law in 1987, the Economic Development Power (EDP)
program has helped 100 businesses in the state create or protect
approximately 100,000 jobs. EDPAB evaluates EDP applications on a
competitive basis and recommends allocations to the Power Authority’s
trustees for approval. Unlike the 3-year power contracts allowed under Power
for Jobs allocations, Economic Development Power contracts range from 5 to
15 years. Typically, allocations are tied to business expansions and, like
Power for Jobs, successful applicants must continue to demonstrate they are
meeting their job commitments.
For more information
Send e-mail to
edpab@nypa.gov
or call 888-562-7697. You can also find economic
development information on the NYPA Home Page at www.nypa.gov.
For additional information on New York State and its services, agencies and activities,
visit the New York State Home Page and New York State Government Information Locator. |