Economics

Decreased wholesale electricity costs forecasted to save New Yorkers $17.3 billion statewide over 30 years.

CHPE will create $1.6 billion in economic output in the State of New York from the line’s construction, and an additional $21.4 billion during its first 25 years of operations.

By reducing CO2 emissions, CHPE will create an estimated $23.2 billion in benefits.

Localities will benefit from approximately $1.4 billion in new tax revenue over the first 25 years of the project.

More than 1,400 well-paying jobs across New York State with a commitment to utilizing union labor.