Civic Leaders Dedicate O&R’s New $26m Substation in Deerpark
Local community and civic leaders last week joined Orange & Rockland (O&R) in dedicating a new $26-million electric substation, which has been improving service reliability this sweltering summer to Deerpark and surrounding communities since June.
O&R Vice President – Operations Francis W. Peverly said at the dedication, “In addition to improved electric service reliability, the new capacity this substation adds to the O&R system permits us to more easily integrate into the O&R grid renewable energy from several new solar projects proposed for this region. That clean energy is a benefit to our customers and to the environment.”
He added, “A new power delivery source in the community also has the potential to stimulate the local economy by attracting more business, creating new jobs and generating additional tax revenue to the town and the surrounding area.”
Here’s a video from the event.
Town of Deerpark Supervisor Gary Spears was also at the dedication and he spoke about the substation’s benefits to the community.
“Not only does the substation make a good annual addition to the town’s tax revenue, it’s located right next to our industrial park site. We hope to further develop that site with new businesses to keep the taxes low. Access to more power through the new substation will help us do that.”
He added, “It’s been a good process working with O&R. They are very cooperative and very easy to work with. We wish everybody we work with on projects was like that.”
The new substation directly benefits 6,500 customers. It is needed to meet the increased electrical requirements of the Town of Deerpark and will provide additional increased service reliability to Port Jervis. Indirect benefits from the substation’s operation will be realized by the communities of Huguenot, Cuddebackville, Glen Spey, Sparrowbush and Forestburgh.
Based on present rates and current conditions, O&R estimates that the Deerpark electric substation will produce new annual local tax revenue totaling approximately $900,000.
To prepare for this summer’s peak demands for electricity, O&R made investments totaling over $140 million this year to fortify and improve the reliability of its electric system. That investment builds on the nearly $1 billion O&R has invested over the past 10 years on electric system maintenance and reliability projects.