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Western New York town contemplates finances post power plant

TONAWANDA, N.Y. (AP) — A western New York town is re-thinking its financial picture with the impending closure of a coal-fired power plant.

The Huntley Generating Station in Tonawanda is slated for closure next month.

Now the town is in line for $160,000 in federal funding to develop a long-term economic plan in response to the loss in tax revenue. Sen. Charles Schumer and Congressman Brian Higgins say the town to work with the University of Buffalo’s Regional Institute to look for ways to minimize the loss.

The Huntley plant has operated along the Niagara River for nearly 100 years.

In related news, New York ranks 4th in the nation for solar energy jobs.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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