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Economic Development

Reasons to Grow Your Business Here

If you want to escape from high real estate costs, look no further than the PCLP service territory. Our goal for your business is simple: To relocate or expand it smoothly, quickly & cost effectively. To do this, PCLP offers preliminary analysis information free of charge.

PCLP Business Services

Our goal for your business is simple: To relocate or expand it smoothly, quickly and cost effectively. To do this, O&R offers comprehensive services and information free of charge, including:

  • Special Incentive Rates — If you qualify, you can receive discounted electric delivery rates of up to 20% in our New York and New Jersey service territory. For more information, please refer to our Financial Incentives page.
  • Site Selection Assistance — We’ll assist you in finding available buildings, sites and business parks.
  • Powerful Business Allies — To make your business relocation as smooth as possible, you can take advantage of O&R’s close working relationships with state and county economic development agencies. These agencies can offer research loans, grants, real estate abatements, etc. for which your business may qualify.

Financial Incentives

Looking for Financial Incentives for Coming to Our Service Territory?

New York Economic Development Rate (EDR)
We offer a special incentive rate to qualifying electric customers locating to — or expanding within — our New York State service territory. This incentive is designed to help ease the cost of making major relocation or expansion decisions.

If you’re a qualified commercial and industrial customer, you’ll get a 20% discount off the electric delivery portion of the rate for five years.

In order to qualify:

  1. An application must be submitted PRIOR to signing a lease or purchasing a property. State the anticipated date on which a lease will be signed, or the closing of sale.
  2. Provide suitable documentation that you’ve qualified for and will receive a comprehensive package of economic incentives awarded by the local municipality or state authorities. This would include substantial financial assistance or a substantial tax incentive program designed to maintain or increase employment levels in the service area.
  3. You must construct a new building, purchase or lease an existing building that’s been vacant for three months, or expand an existing building.
  4. New or expanding customers must add 65 kilowatts (kW) of separately metered monthly electric usage to the O&R electric system.
  5. You must operate under a qualifying North American Industry Classification System (NAICS) code.
  6. Customers must operate under a qualifying North American Industry Classification System (NAICS) code.
    • Qualifying customers are classified by the NAICS as Manufacturing (Sector 31-33), Wholesale Trade (Sector 42), Transportation and Warehousing (Sector 48-49), Information (Sector 51), Finance and Insurance (Sector 52), Real Estate, Rental and Leasing (Sector 53), Professional, Scientific and Technical Services (Sector 54), Management of Companies and Enterprises (Sector 55), Administrative Support, Waste Management and Remediation Services (Sector 56).
  7. Customers must obtain an energy efficiency audit performed by either NYSERDA or by an independent qualified energy efficiency firm under the Company’s Small Business Direct Install or the Commercial & Industrial programs (this requirement applies only to customers who are purchasing or leasing an existing building).

For more information about this program or to receive an EDR application, please contact Deborah Patterson or Toni Graziano.

New Jersey Job Development Rate
In New Jersey, we offer a Job Development Rate (JDR) to qualified electric customers relocating or expanding within the Rockland Electric Company service territory.

If you’re a qualified commercial and industrial customer, you’ll get a 20% discount off the electric delivery portion of the rate for five years.

In order to qualify:

  1. An application must be submitted PRIOR to signing a lease or purchasing a property. State the anticipated date on which a lease will be signed, or the closing of sale.
  2. Provide suitable documentation that you’ve qualified for and will receive a comprehensive package of economic incentives awarded by the local municipality or state authorities. This would include substantial financial assistance or a substantial tax incentive program designed to maintain or increase employment levels in the service area.
  3. You must construct a new building, purchase or lease an existing building that’s been vacant for three months, or expand an existing building.
  4. The space must be at least 7,500 square feet and require no additional investment to serve the new load.
  5. Your overall employee count must grow.
  6. You must operate under a qualifying North American Industry Classification System (NAICS) code.

For more information about this program or to receive an EDR application, please contact Deborah Patterson or Toni Graziano.