Category Archives: municipal power

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 … Continue reading

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Proposed Cuomo Bill on LIPA Will Increase Electric Rates


The proposed Cuomo bill on LIPA will without question increase electric rates and no absolute rate freeze is possible for any length of time. In fact if the IRS does not approve the proposed structure, rates could increase astronomically. Many of … Continue reading

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Transcript LIPA OVersight Committee Presentation to SUffolk County Legislature 2/27/2013


(*Excerpt ‑ Economic Development and Energy 2/27/13*) CHAIRMAN HORSLEY: All righty.  We will now move to talk to the Oversight Committee.  If I could ask the Oversight Committee to come on up.  Matt Cordero, Chairman.  The members are Shelly Sackstein, … Continue reading

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Why Doesn’t Governor Cuomo Release Inspector Generals LIPA Audit?


The Governor is hot on the trail to dismantle LIPA’s existing structure and privatize the utility. However he has dragged his feet on releasing the Inspector General’s report on LIPA’s Billing practices dating back almost 2 years ago…..LIPA has gone through … Continue reading

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For LIPA, superstorm battering continues, some pushing bankruptcy as best solution


As Published on http://www.platts.com Public relations fallout from Superstorm Sandy continues to batter the Long Island Power Authority, as one group pushes for its bankruptcy and another blames the utility for a fire that destroyed 130 homes. The Association for … Continue reading

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


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

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HOW TO FIX LONG ISLAND POWER AUTHORITY


Crain’s Nov. 19 editorial, “Amateur hour at LIPA,” makes clear why fundamental change is needed at the utility, whose operational structure is unlike any in the country.Because LIPA has a staggering $11 billion in debt, some of it from the closure … Continue reading

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Moreland Commission December 11, 2012


Statement of Dr. Matthew Cordaro  Before the Moreland Commission December 11, 2012   Thank you for the opportunity to appear before you to discuss emergency preparedness and the response of utilities to recent storms, as well as recommendations for improvement. … 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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NYPA-LIPA MERGER SHOULD BE CONSIDERED


While Governor Cuomo is pondering what to do with LIPA in the future, he may want to consider the option of merging it with NYPA.   This would certainly be consistent with the Governor’s goal to reduce the number of state authorities. … Continue reading

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