NYPA says it is in strong financial position to implement strategic plans
Originally published April 16, 2014
The New York Power Authority (NYPA) provided more than $1.2 billion in direct customer utility bill savings from low-cost power programs and energy efficiency measures, the utility said in its its 2013 Annual Report. Prudent management practices have placed NYPA in a strong financial position to implement its 2014-19 Strategic Vision, according to an overview of the authority’s financial performance during the last three years.
In addition to customer savings, NYPA said its economic development programs are now supporting more than 400,000 jobs across the state while securing commitments of some $32 billion in capital investments from recipients of NYPA low-cost power allocations. Additional accomplishments by NYPA in 2013 included:
NYPA’s 2013 Annual Report is available on its website.
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