MASSENA – The Massena Electric Department has outlined its allocation process for the 20 megawatts of low-cost hydropower the St. Lawrence River Valley Redevelopment Agency has been granted to spur economic development.
Massena Electric Department, which has over 9,300 customers with over 131 square miles of service, is contracted to allocate the low-cost power on behalf of the New York Power Authority and the River Agency.
Users will be selected based on two main criteria: the amount of jobs generated per megawatt and how much electricity the business is using.
MED will gather information on customer needs, provide feedback on feasibility, value and develop project cost estimates and provide savings benefits.
The more consistent their usage is through the course of the month, the better it is for them and for us, MED Superintendent Andrew J. McMahon said. The power is not just for large businesses. Theoretically, our rates and what we can do with the NYPA power are going to be an advantage.
During the allocation process, MED may approve or deny allocations, approve smaller allocations than requested, approve subject to conditions or withhold decision pending further information, St. Lawrence County Industrial Development Agency CEO Patrick J. Kelly said.
Massena Electric Department will also have input in how the River Agencys markets the power by producing targeted advertising concerning the resource availability and the value of power, Mr. McMahon said.
Some businesses are not going to care, he said. The power is not an incentive that is going to thrill them. There are businesses out there that would be interested. We need to find the right one where it is going to make difference. Once combined with our other advantages, given the whole package they are going to want to move here.