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The Business Council of New York State is urging the state Senate to find a way to come together today to pass the Power for Jobs extension before it sunsets at midnight.
“It is vitally important that the state Senate find a way to come together and extend the Power for Jobs and Energy Cost Savings Benefit Programs before they expire on July 1,” said Kenneth Adams, president and CEO of The Business Council of New York State. “Nearly 600 companies employing more than 300,000 New Yorkers rely on these programs to make their New York operations affordable.”
The full statement.
Gannett News Service also covers the issue today. They write, “In the Power for Jobs program, about 570 businesses and not-for-profit corporations supporting some 330,000 jobs get either a rebate or a discount on electricity rates.
If Power for Jobs expires, businesses will see their power costs spike, according to the state Business Council. The average industrial power cost per hour in New York is already 40 percent higher than in the rest of the country, said Ken Pokalsky, the council’s senior director of government affairs.”