North Country Businesses To Get Low-Cost Power

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Two north country businesses are getting low-cost power from the state.

The New York Power Authority approved another round of ReCharge NY power allocations Thursday.

More than 14 megawatts of low-cost power will be distributed among 19 businesses and one not-for-profit organization across the state.

The program is designed to spur economic development by providing low-cost power to businesses and other entities that agree to create or retain jobs as well as make capital investments.

According to a news release from the governor's office, Cives Steel Company, Northern Division in Gouverneur has committed $100,000 in capital investments to receive 220 kilowatts of power.

Current Applications in Watertown committed $693,000 in capital investments to get 40 kilowatts, the release said.

See the news release

Wednesday, July 30, 2014
, Watertown, NY

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