LIPA's future mapped out
A deal appears to have been reached on the future of the Long Island Power Authority.
A bill from Gov. Andrew Cuomo that relates to "powers and duties of the department of public service and the Long Island Power Authority"was introduced late Monday night in the Senate and Assembly. Included is the creation of an office to review and make recommendations on the operations, rates and budgets of LIPA and its service provider.
The full text of the bill is available below.
According to the bill, "The purpose of such review is to make recommendations designed to ensure that the authority and the service provider provide safe and adequate transmission and distribution service at rates set at the lowest level consistent with sound fiscal operating practices."
LIPA has been under fire since last fall with its performance in the wake of Hurricane Sandy. Because of this, the bill also requires annual review of the authority's emergency response plan.
The bill was introduced in the Senate by the Rules Committee and in the Assembly by Democrat Robert Sweeney.
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