Project Appleseed: electric rate incentives

Consolidated Edison Company of NY Inc. (Con. Edison) has an economic development program to assist business growth and prosper in New York City and Westchester County. In 1981, the utility introduced a program of reduced electric rates (area development rate) for economic development to help revital...

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Veröffentlicht in:IEEE Trans. Power Syst.; (United States) 1988-11, Vol.3 (4), p.1833-1839
1. Verfasser: Manak, J.R.
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container_title IEEE Trans. Power Syst.; (United States)
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description Consolidated Edison Company of NY Inc. (Con. Edison) has an economic development program to assist business growth and prosper in New York City and Westchester County. In 1981, the utility introduced a program of reduced electric rates (area development rate) for economic development to help revitalize eight areas of the South Bronx and Brooklyn that were economically disadvantaged neighborhoods. In 1984, Con. Edison expanded the area development rate to include 10 additional sections of New York City. At the same time another reduced electric rate (business incentive rate) was introduced to encourage the reoccupation of vacant commercial and industrial buildings and encourage new construction of similar structures. As of mid-1987, the two incentive rates (now known as Project Appleseed), have 6600 customer/company participants, and are responsible for creating and retaining 39000 jobs for the NYC and Westchester County Con. Edison service area. Various features of the Project Appleseed program are discussed, including customer eligibility, governmental and public support, and rate design.< >
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source IEEE Electronic Library (IEL)
subjects 20 FOSSIL-FUELED POWER PLANTS
200106 - Fossil-Fueled Power Plants- Economics
293000 - Energy Planning & Policy- Policy, Legislation, & Regulation
296000 - Energy Planning & Policy- Electric Power
Applied sciences
BUILDINGS
Business
Cities and towns
COMMERCIAL BUILDINGS
Companies
Costs
ECONOMIC GROWTH
ELECTRIC POWER
ELECTRIC UTILITIES
Electrical engineering. Electrical power engineering
ELECTRONIC EQUIPMENT
Employment
ENERGY PLANNING, POLICY AND ECONOMY
Exact sciences and technology
FEDERAL REGION II
LEGISLATION
Manufacturing
NEW YORK
NEW YORK CITY
NORTH AMERICA
POWER
Power generation economics
Power industry
POWER SUPPLIES
PRICES
PUBLIC POLICY
PUBLIC UTILITIES
TIME-OF-USE PRICING
US Department of Commerce
USA
title Project Appleseed: electric rate incentives
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