One of the less talked about provisions in the state budget is the expansion of the Power for Jobs program, which provides low-cost electricity to businesses in the name of economic development.
Governor Andrew Cuomo visited North Tonawanda Thursday to hype the program’s new benefits.
Under Power for Jobs, 500 or so businesses paid a quarter of what residential customers pay for electricity - mostly by using low-cost hydropower from upstate. The new program, re-branded as Recharge New York, doubles the amount of megawatts available for cheap.
Cuomo hopes the prospect of energy savings will act as an economic magnet.