Orange and Rockland Utilities, Inc.

Our investments in New York and New Jersey’s energy system go beyond delivering reliable power and responsive service. They help create economic opportunities for the communities we serve and fuel the growth of our New York and New Jersey economies. To better understand the impact of these investments, Orange and Rockland Utilities, Inc. and Rockland, Utilities Inc. partnered with HR&A Advisors to measure how reliable power drives economic growth in our service territory. I'm proud of the impact we have and the role we play in supporting this region, and the newly released 2024 Economic Impact Report highlights this impact. More than 96% of O&R employees live in New York and New Jersey, so it’s crucial that our investments benefit local businesses, create career opportunities for our communities, and support the continued growth of our region as a whole with reliable and resilient energy. Here are some of the highlights from the report: - Our economic activity supports 3,300 jobs in New York and New Jersey, including 1,200 jobs directly employed at O&R. That’s 1 in 450 jobs in our service area. - Last year, over $174 million was spent with New York and New Jersey-based businesses, including $65 million in contracts with small businesses. That means our dollars are being spent with local suppliers and recycled right back into the local economy. - Half of our workforce are members of a union and the career development opportunities we provide create sustaining jobs and career advancement for our employees. - We hire from local institutions, with 41% of employees graduating from State University of New York schools and New Jersey public colleges/universities, and 91% coming from New York- or New Jersey-based colleges and universities overall. We will continue to partner with our local stakeholders, our communities, and our employees to deliver reliable energy and create opportunities in the region we proudly serve. Read more about our impact here: https://lnkd.in/e7eXDYXM

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