NYSEG Look Upstate NY news release

NYSEG Provides $62,000 to Holiday Mountain to Assist With Flood Recovery

Rochester, NY – NYSEG, a subsidiary of Iberdrola USA, today presented Holiday Mountain Ski and Fun Park in Monticello with the first grant from the company’s emergency economic development program. This program was put in place in October to assist eligible businesses, municipalities, large residential establishments, agri-businesses and farms affected by Hurricane Irene or Tropical Storm Lee. The $62,000 grant will help Holiday Mountain repair and replace electric infrastructure and equipment damaged or destroyed by severe flooding following Hurricane Irene.

“We are pleased to be able to provide this assistance to Holiday Mountain – an important part of the economy in Sullivan County – and we wish the people there all the best as they recover from the destruction,” said Mark S. Lynch, president of NYSEG and RG&E. “From the customer response we have seen, we are certain that our emergency economic development program is a welcome addition to other flood recovery resources.”

“We at Holiday Mountain cannot be more grateful for the generous help NYSEG has given to help us through these tough times,” said Craig Passante, president of Holiday Mountain Ski and Fun Park. “These two storms devastated us in many ways and only because of the local support and the help from NYSEG will we be able to pull through.  In these tough times running a family business can seem almost impossible, but when you see and get the support like we have from the local township, community and local businesses – like NYSEG – it enables you to persevere, and for that help and support I am extremely gracious and grateful.”

In October, NYSEG received quick Public Service Commission approval of the company’s request to spend up to $7 million in economic development funds to assist eligible customers affected by Hurricane Irene and/or Tropical Storm Lee.

For more information on NYSEG’s emergency economic development programs, visit http://www.nyseg.com/YourBusiness/economicdev/progandincentives.html or call 1.866.540.0680.