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NEW YORK STATE OF OPPORTUNITY. NY Power Authority ReCharge New York A New York Power Authority Program As of November 2019 i

ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

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Page 1: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

NEW YORKSTATE OFOPPORTUNITY.

NY PowerAuthority

ReCharge New YorkA New York Power Authority Program

As of November2019

i

Page 2: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

Overview

NYPA and ReCharge NY (RNY) Description

Application and Contract Process

Evaluation Criteria

StatisticsNEW YORKSTATE OFOPPORTUNITY.

NY PowerAuthority

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Page 3: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

ReCharge NY (RNY)Program Description

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NEW YORKSTATE OFOPPORTUNITY

NY PowerAuthority

Page 4: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

NYPA/ReCharge NY (RNY)o NYPA is the largest state public power organization in the U.S.

o Owns and operates 16 power plantso Operates 1,400 circuit-miles of the NYS transmission system

o RNY is Governor Cuomo s statewide economic development electricpower program

o 910 Megawatts (MW)o 50% NYPA hydropowero 50% market power procured by NYPA

o Focuses on job creation or retention for existing, expanding, or newbusinesses

NEW YORKSTATE OFOPPORTUNITY

\UNY PowerAuthority

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Page 5: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

ReCharge NY (RNY) Program Description

o Minimum of 350 MW for applicants within NYSEG, NationalGrid, and RG&E territories

o All NYS utility customers can participate in RNYo Minimum 200 MW for attracting new businesses to New York

State and expanding existing businesseso 100 MW for small businesses and not-for-profits

0RG&E

v*NYSEG

conEdison

Orange & Rockland

© PSEGVIe make things workJ

nationalgrid

LONGISLAND

VI make things workJOT you.

Power. Possib//;„_

Central HudsonA FORTIS COMPANY

NEWYORSTATE OF

RKOPPORTUNITY

NY PowerAuthority

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Page 6: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

Eligibility Criteria

Who'sEligible?

Who's notEligible?

Large businesses (above 400 kW peak demand)Small businesses (equal or less than 400 kW peak demand)A corporation defined in Section 102 of the state's Not-For-Profit CorporationLaw, subdivision five of paragraph (a)

•Retail businessesSports venuesGaming or entertainment related establishmentsPlaces of overnight accommodations

NEW YORKSTATE OF_ OPPORTUNITY

NY PowerAuthority

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Page 7: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

Application & ContractProcess

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NEW YORKSTATE OFOPPORTUNITY.

NY PowerAuthority

Page 8: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

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Application Review

o Regional Councils: Score each application, contributing to 20% ofthe applicants overall score.

o Economic Development Power Allocation Board: Reviewsapplications and makes allocation recommendations to the NYPABoard of Trustees

o NYPA Board of Trustees: Reviews EDPAB recommendations priorto making final allocation decisions

NEW YORKSTATE OFOPPORTUNITY

SUNY PowerAuthority

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Page 9: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

RNY Application Evaluation CriteriaEvaluation criteria was established by state law:o Significance of cost of electricity to applicant s total operating costso New capital investments resulting from RNY allocationo Type and cost of buildings, equipment, and facilities to be

constructed, enlarged, or installedo Consistency with regional economic development strategies and

prioritieso Applicant’s payroll, salaries, benefits, and number of jobs of facilityo The number of jobs created or retained by the applicant

NEW YORKSTATE OFOPPORTUNITY

NY PowerAuthority

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Page 10: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

Application Evaluation Criteria (Continued)

o Applicant s risk of closure, curtailing operations, relocating out-of-state, or losing jobs in the state

o Significance of applicant s facility to local economyo Extent of applicant’s investments in energy efficiency measureso Whether the applicant already receives a hydropower allocation or

benefits supported by the sale of NYPA hydropowero Extent to which an RNY allocation will result in an advantage relative

to the applicant’s competitors within the stateo If the applicant is not-for-profit, the significant of the service or

benefits being provided to the local communityNEW YORKSTATE OF

„OPPORTUNITYNY PowerAuthority

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Page 11: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

RNY Contract Process

o Direct-sale arrangement

o Customers have a one-time option prior to executing theircontract with NYPAto purchase:

o Blended - 50% NYPA hydropower and 50% market powerprocured by NYPA

o Hydro Only - Hydropower portion only (50% of allocation)

NEW YORKSTATE OF

k OPPORTUNITYNY PowerAuthority

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Page 12: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

RNY Contract Commitments

Awardees must report annually on contractualcommitments such as:

o Full utilization of awarded powero Employment levelso Capital investment at the facilityo Completion of an energy efficiency audit *

* Required once every five years

NEW YORKSTATE OFOPPORTUNITY

NY PowerAuthority

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Page 13: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

Billing Arrangements (for Approved Allocations)

o NYPA will invoice customers for the supply ofpower and energy as well as associated New York IndependentSystem Operator (NYISO) costs

o Investor-owned utilities (lOUs) will invoicecustomers for the delivery of the power and energy

NEW YORKSTATE OFOPPORTUNITY

NY PowerAuthority

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Page 14: ReCharge New York - ongoved.com · NYPA/ReCharge NY (RNY) o NYPA is the largest state public power organization in the U.S. o Owns and operates 16 power plants o Operates 1,400 circuit-miles

•3

800

700

600

500

400

300

200

100

0

ReCharge NY Power Statistics (in MWs)as of September 25, 2019 Trustee MeetingRetention

710604.3

105.7

Initial Program Power Allocated Power

Remaining Power

Expansion250

200

150

100

50

0

200

112.887.2

Initial Program Power Allocated Power

Remaining Power

* Retention Power includes NFP & Small Businesses. 426 kW is currently available in this category.NEW YORKSTATE OFOPPORTUNITY.su

NY PowerAuthority

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