Co-op City's plan to restore inactive power plant energized by help from the state
A plan to restore an inactive plant in Co-op City has been given the jumpstart it needs thanks to much needed funding from the state.
The state is giving Co-op City a $5 million grant to restore an old power plant, giving the northeast Bronx an alternate energy supply. A representative from the NYS Energy Department says opening the plant will shave 10 to 15 percent off energy bills.
Some residents say they are skeptical that they will see any savings. Despite their concerns, both state officials and Riverbay, the company that manages Co-op City, says the proof is in the numbers.