Fifteenfortyseven’s Orangeburg Facility Receives Economic Development Incentive Rate
Orange & Rockland Utilities rate provides a 20% discount off electrical delivery.
fifteenfortyseven Critical Systems Realty (1547) has announced that its Orangeburg facility has received the 'Power to Grow' Economic Development Incentive Rate (EDR) from the Orange & Rockland Utilities (O&R). This rate will provide a 20% discount on the delivery portion of the O&R electric bill for five years. This coupled with the NYPA Hydropower allotment for seven years will allow tenants to achieve one of the lowest power costs in the NY/NJ region.
As an expanding business in the region, 1547's Orangeburg facility became eligible for this incentive. 1547's construction and engineering teams work diligently on a local and national level to ensure they are aware of programs that will provide cost effective solutions in the datacenter. This cost reduction is a significant differentiator not available in the surrounding metro areas.