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news release

RG&E Awards $220,000 Grant  to Carestream Health for Electrical Upgrades

Rochester, NY – RG&E recently awarded a $220,000 economic development grant to Carestream Health to use for electrical system upgrades at its global headquarters in Rochester.

The grant is part of the ongoing NYSEG and RG&E economic development programs that are designed to encourage new capital investment and grow jobs by helping retain businesses, expand existing businesses and to attract new businesses to upstate New York.

"During the last two years, Carestream Health applied for, and received funding through RG&E's economic development programs. The grant assistance provided through these programs was used to make a significant investment in electrical utility enhancements at our worldwide headquarters here in Rochester, while taking advantage of new energy saving technologies," said Jack Padula, worldwide commodity manager, Carestream Health.

“RG&E is pleased to assist Carestream Health with these improvements and appreciates its decision to make significant investments in the City of Rochester,” said Joe Rizzo, manager - economic development and community relations at RG&E.
 
“The funds we provided to Carestream Health are part of an overall commitment by RG&E and NYSEG to invest approximately $12 million annually in economic development opportunities in upstate New York,” Rizzo said.
 
“During the past three months, we’ve seen a significant increase in requests for economic development assistance, which we believe is a good indicator that the area’s economy is moving in the right direction,” Rizzo said.
 
Funding for this assistance was approved by the New York Public Service Commission as part of the NYSEG/RG&E rate plans that went into effect in September 2010. For more information or to apply for NYSEG/RG&E economic development assistance, please visit www.lookupstateny.com.

About RG&E: RG&E is a subsidiary of Iberdrola USA. RG&E serves 362,000 electricity customers and 299,000 natural gas customers in a nine-county region centered on the City of Rochester. Providing outstanding customer service and meeting our customers’ energy requirements in an environmentally-responsible manner, RG&E is a valuable asset to the communities we serve. For more information, visit www.rge.com. Follow us on Twitter: www.twitter.com/RGandE

About Iberdrola USA: Iberdrola USA, a subsidiary of global energy leader Iberdrola, S.A., is an energy services and delivery company serving more than 2.4 million customers in upstate New York and New England. For more information about Iberdrola USA, visit www.iberdrolausa.com.