New York Power Authority
New York Power Authority
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| New York state authority | |
| Industry | power generation |
| Founded | 1931 |
| Founder | Franklin D. Roosevelt |
| Headquarters | White Plains, United States |
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Key people
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Gil C. Quiniones - President and CEO |
| Products | electricity generation |
| Owner | State of New York |
| Website | www |
The New York Power Authority (NYPA), officially the Power Authority of the State of New York, is the largest state public power organization in the United States. NYPA provides some of the lowest-cost electricity in the nation, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. Its main administrative offices are in White Plains.
NYPA uses no state tax dollars and incurs no state debt, financing its projects principally through the sale of bonds. The bonds are repaid and the projects operated using revenues from operations.
State and federal regulations determine NYPA’s customer base, which includes large and small businesses, not-for-profit organizations, public power systems and government agencies. NYPA also sells electricity to private utilities for resale (without profit) to their customers, and to neighboring states, under federal requirements. Approximately 70 percent of the electricity NYPA produces is clean renewable hydropower. Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout New York State.
NYPA operates three large hydroelectric complexes: the 2,441,000-kilowatt (kw) Niagara Power Project, on the Niagara River in Lewiston; the 800,000-kW St. Lawrence-Franklin D. Roosevelt Power Project, on the St. Lawrence River in Massena; and the 1,160,000-kW Blenheim-Gilboa Pumped Storage Power Project in the Catskill Mountain towns of North Blenheim and Gilboa.
NYPA also has four small hydro facilities with a net capability of 10,000 kW: the Ashokan Project in Ulster County, the Crescent Plant in Albany and Saratoga counties, the Gregory B. Jarvis Plant in Oneida County and the Vischer Ferry Plant in Schenectady and Saratoga counties.
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Wikipedia