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POWER UP Survey

The following survey is intended to collect stakeholder input about the Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) program announced in Governor Kathy Hochul’s State of the State and enacted in the FY 26 budget as a $300m over 3 years initiative. More information about the proposed program can be found here -
https://www.governor.ny.gov/news/governor-hochul-announces-new-proposals-support-small-businesses-and-boost-economic-growth
As Empire State Development builds this new program your detailed input is welcomed. You will find basic questions about possible program structure as well as an opportunity to submit as many sites / projects as you think are applicable.
General Information
Organization name
Type of Organization
Name and title of survey submitter
What is the primary electric utility company in your area?
Interest and Awareness
Would your organization be interested in applying for loan funding for power infrastructure projects for industrial sites?
For potential loans, what specific considerations are needed for your organization to be able to utilize loan proceeds? Include detail about loan terms that would be attractive if appliable.
Would your organization be interested in applying for grant funding for power infrastructure projects for commercial/industrial sites?
For potential grants, what specific considerations are needed for your organization to be able to utilize grant proceeds. (drawdown schedules, tax applicability, ability to front expenses, etc.)
Are there any legal, regulatory issues that may pertain in pursuing any of these options?
Infrastructure Needs and Priorities
Given the program as described, how could POWER UP funds be best utilized to address industrial development needs in your region?
Eligibility and Program Design
What types of costs should be eligible?
Barriers and Recommendations
What are the biggest obstacles you face in delivering or accessing electric infrastructure upgrades?
Miscellaneous
Additional suggestions or considerations?
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