Economic Development Electric Rate Incentive
This program provides electric rate incentives provided to qualified commercial and industrial customers are designed to stimulate investment and the creation of new jobs in the LIPA service territory.
- Business Attraction/Expansion Rate: For non-retail customers who move to Long Island or significantly expand their operations on Long Island. Applies to new customers or existing customers who add at least 100 kW of permanent load up to a maximum load of 1500 kW, and/or increase employment by 20% full time employees over an existing base of at least 50 full time employees. The program offers reduced electric rates and the ability to choose modified rating periods when committing to reduce their loads during the weekday hours of 3 PM to 10 PM from June to September.
- Business Incubator Rate: The program is intended to attract new load by offering graduates of New York State sponsored incubators reduced electric rates and the ability to choose modified rating periods when committing to reduce their load during the weekday hours of 3 PM to 10 PM in the high demand period from June to September.
- Empire Zone Rate: For customers who expand or relocate to the certified Empire Zones within Islip and Brookhaven Townships, other locations within Suffolk County or in Far Rockaway. Existing zone customers are required to increase load by 25% up to a minimum of 7 kW or increase existing load by 100 kW. New customers to a zone receive reduced rates on incremental load only. Reduced rates within an Empire Zone are at LIPA’s incremental costs.
- Manufacturing Competitiveness Rate: The program is for demand-metered customers certified to participate in New York State’s Industrial Effectiveness Program. The program offers customers reduced electric rates and the ability to choose modified rating periods when committing to reduce their loads during the weekday hours of 3 PM to 10 PM in the high demand period of June to September.
Commercial and industrial customers in the LIPA service territory. Qualifying customers must participate in LIPA's Efficiency Long Island programs.
Director of Marketing and Economic Development
Long Island Power Authority
333 Earle Ovington Blvd
Uniondale, New York 11553
LIPA Economic Development Infoline: (800) 528-2005