2014

New Jobs, Expanded Local Businesses Goal of Duquesne Light Economic Development Initiative Utility Offering Discounted Electric Rates for Expanding Companies

Adding New Jobs







    PITTSBURGH, Jan. 15 /PRNewswire-USNewswire/ -- Duquesne Light today
 announced a new economic development program designed to encourage
 commercial and industrial customers to expand and add new jobs in the
 company's service territory by providing discounted electric prices.
 
 
 
     Available to a maximum of 50 megawatts (MW) per year, the program will
 support expanding commercial and industrial customers by offering a
 discount of up to $3 per MW of new load for up to three years at a new or
 expanded facility. To qualify, customers must add at least 10 MW of new or
 expanded electrical load, and create two new full-time jobs per MW of new
 load. An applicant also can qualify if they demonstrate that the new or
 expanded load, if less than 10 MW, has other significant economic
 development benefits. A complete list of criteria and an online application
 can be found by clicking the "Helping Our Region Grow" graphic at
 www.duquesnelight.com.
 
 
 
     The discount, which will be credited toward the customer's monthly
 distribution charge, will begin when usage associated with the expanded
 load and associated job creation has occurred. The program is scheduled to
 run through March 1, 2013, unless Pennsylvania adopts a statewide economic
 development program prior to the end date.
 
 
 
     "Our success as a company is directly connected to the success of the
 communities we serve," said Morgan O'Brien, CEO of Duquesne Light. "We work
 very hard with various stakeholders to ensure Pennsylvania can compete with
 other states for new business and expansion of local businesses that
 provide new family-supporting jobs. It is our hope that this new program
 will spur industries to think about how they can grow and therefore add to
 the economic vitality of this region."
 
 
 
     Last year, Duquesne Light joined major Pittsburgh-based steel-producers
 U.S. Steel and Allegheny Technologies in support of new state legislation
 that would permit utilities to offer large industrial customers long-term,
 fixed-rate electricity contracts. The new legislation is designed to help
 large industrial users better predict and manage their operating costs,
 preserving and, over time, potentially adding new jobs.
 
 
 
     About Duquesne Light Company
 
 
 
     Duquesne Light Company is a leader in the transmission and distribution
 of electric energy, offering superior customer service and reliability to
 more than half a million customers throughout southwestern Pennsylvania.
 
 
 
 
 
 
 

SOURCE Duquesne Light

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