Power Outage

Allegations of politics, back-room deals, and impending economic devastation have elected officials and the business community in Westchester blowing their stacks over the closing of Indian Point.

Referred to as a “ticking time bomb” by Governor Andrew Cuomo, Entergy’s Indian Point is scheduled to close forever in 2021. But the news has ignited a firestorm of controversy and protest from all quarters. Here are some salient facts, figures, and comments about the Buchanan nuclear power plant, which over its 55-year history has become as intextricably linked to Westchester as the Tappan Zee Bridge.


“Nearly half of Buchanan’s operating budget is financed by revenue from the [Indian Point] plant.” —Theresa Knickerbocker, mayor of Buchanan

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Estimated electric-rate increase to consumers: 6.3% or $374 million per year,  totaling $11.5 billion (inflation adjusted).


“Without a viable replacement source, ratepayers in New York City could be burdened with higher energy prices for years.”— the New York Times

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Estimated amount of annual donation dollars lost to Westchester charities from Entergy’s departure: $2 million


“Three people in a room — basically, the governor, the head of the power company, and Riverkeeper — got to cut a good deal for themselves, leaving the taxpayers and ratepayers to hold the bag. So the joke is on us. … The last middle-class person in the state is going to turn off the lights, literally.” — Westchester County Executive Rob Astorino


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A 2012 study prepared by Albany-based management consulting firm Energy Strategies, Inc., estimated a total of $200 million per year in lost wages from closing the plant and more than $4 billion lost over 20 years.


“Indian Point has been a strong corporate partner for almost every town, city, and municipality in Westchester County. Okay, Governor Cuomo, you got your wish: The plant is closing. Now what?” — John Ravitz, executive vice president and COO, the Business Council of Westchester


25% of the electricity of New York City and the Hudson Valley, and 12% of the electricity of New York State.

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