Power for Jobs Program Extended Benefits - nypa 2025

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Operating revenues of $3,034 million in 2023 were $973 million lower than the $4,007 million in 2022, primarily due to lower market energy prices, and lower pass-through transmission revenues partially offset by higher hydro production.
The average New York Power Authority salary ranges from approximately $78,321 per year for Customer Solutions Specialist to $198,003 per year for Senior Director of Business Development.
NYPA is unique among New York States public authorities. It is the nations largest state- owned public power utility, employs approximately 1,600 people at the various facilities offices and operates in a competitive and dynamic electricity marketplace.
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.
Tree Power 2.0 This program increases natural carbon storage and biodiversity by supporting customer tree planting efforts across NYS. Participants purchase trees through the program and receive a second tree for free in a buy-one-get-one tree match.
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NY Power Authority In addition to the revenue from the sales of our power and services, NYPAs balance sheet includes bonds issued to finance long-term investment. Regulations implemented by the Office of the State Comptroller (N.Y. Comp. Codes R.
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 it produces is clean, renewable hydropower.

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