Incentive Levels

New Capital Investment in the Borough & Number of New or Existing Full-time Employees During Incentive Period
Electrical Rate Discount
Land Development & Building Permit Fee Discount
$500,000 and at least 15 employees
5% for 2 years
25%
$1,000,000 and at least 30 employees
5% for 5 years
50%
$2,000,000 and at least 60 employees
7% for 5 years
50%
$4,000,000 and at least 120 employees
10% for 10 years
50%