Category Archives: national grid

Op Ed: need for accountability and oversight involving lipa restructuring


LONG ISLAND COMMUNITY NEWS RELEASES    For Immediate Release: June 10, 2013    Op Ed: Need for Accountability and Oversight Involving LIPA Restructuring Long Island Press Releases — Assemblyman Hennessey on LIPA Restructuring: Oversight, Rates, PILOTS: (Long Island, NY) Govern

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LIPA should not be privatized – how should its problems be corrected?


http://podcast.wor710.com/wor/3779010.mp3

Posted in long island power authority, municipal power, municipalization, municpal, national grid, privatization, servco | Tagged , , | Leave a comment

Full Sevice Municipalization Is The Best and Most Realistic Option for LIPA Reform


Most of the other 2000 public utilities in the US function with some form of regulatory oversight and are organized as full service municipal utilities not depending on outside contractors. Testament to the benefits of this are the competitive rates … Continue reading

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LIPA Didn’t Get To Where It Is Today By Accident


After its poor recovery from Sandy and with its debt liability, LIPA resembles a train wreck ["After Sandy: LIPA's $6.9B burden," News, Dec. 3]. The utility did not get to where it is by accident, with Albany sharing much of … Continue reading

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Cuomo: NYPA may have role in LIPA operations


Originally published: September 24, 2012 6:16 PM Updated: September 24, 2012 9:37 PM By MARK HARRINGTON mark.harrington@newsday.com The New York Power Authority may have a role in operating the Long Island Power Authority, Gov. Andrew M. Cuomo said Monday. Asked … Continue reading

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Department of Public Service Public Hearing


  LIPA’s Operations and Management   New York State Public March 8, 2012   _____________________________________   Dr. Matthew Cordaro, Co-chairman   LIPA Oversight Committee, Suffolk County Legislature   Just prior to the start of 2011 the Suffolk County Legislature established the LIPA Oversight Committee to study … Continue reading

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SAME STRUCTURE – NEW CONTRACTOR – OLD CULTURE?


Unfortunately LIPA made a decision to essentially keep its present structure in place with a private contractor performing most of its utility operations. This undermines the nonprofit foundation of a public utility by introducing a for profit entity into the equation, … Continue reading

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LIPA EXPECTED TO RESOLVE NAT GRID’S $525 MILLION PENSION LIABILITY WITHIN 18 days


At the LIPA Trustee Board meeting on September 22 Trustee Chairman Steinberg took issue with a story in Newsday stating the authority is reviewing a potential $600 million liability relating to pensions for past and future National Grid employees. Steinberg called … Continue reading

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NO TIME FOR LIPA TRUSTEES TO RUSH TO JUDGEMENT


COMMENTS:   Sen. Carl L. Marcellino Merrick, NY Via twitter: The answer is yes, (Governor Cuomo should intervene in LIPA restructuring)! There are lots of questions that need to be answered. My hearing proved that. Dr. Matthew Cordaro Co-chairman, Suffolk Legislature LIPA … Continue reading

Posted in lipa, long island power authority, msa, municipalization, national grid, privatization, servco, Storm Costs | Tagged , , , , | 1 Comment

LIPA Mum on the $600 Million Wildcard


As the October 6th LIPA Trustees decision date on a new structure and major operating contract approaches, it is disconcerting that LIPA and its Brattle Group consultant have made no public mention of the $600 million unfunded pension dispute with National Grid. As … Continue reading

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