Dive Summary:

• The Onondaga waste-to-energy plant in Jamesville, N.Y. lost nearly $2.5 million in 2012 and a deal with Cortland County could bring in up to 28,000 tons of waste to convert into electricity per year, a potential yield of $500,000 in revenue.
• Local officials are looking to negotiate a new contract with Covanta Energy, the current operator, in May and are hoping that they can improve financials before discussions take place.
• Higher electricity profits and lower disposal costs would save the Onondaga County Resource Recovery Agency facility hundreds of thousands of dollars, according to Mark Donnelly, OCRRA's executive director.

From the article:

Kathleen Carroll, business manager for Covanta, said the company supports the agreement between Onondaga and Cortland counties.

Covanta has the option to assume ownership of the facility in 2015, but OCRRA officials said they are not ruling out the possibility that Covanta could continue to operate the plant under contract. Whoever owns the plant in 2015 will also assume roughly $40 million of debt remaining on the facility.