Category Archives: Uncategorized

Ratepayers on the Hook for PSEG’s failure to notify Eastport-East Moriches of new transmission poles?


In its haste and arrogance it appears that PSEG has installed new transmission poles in the Eastport East Moriches area without the slightest bit of consideration to the local community. PSEG neglected in its obligation of prior notification to the … Continue reading

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Matthew Cordaro Reappointed to Revamped LIPA Board


Critic reappointed to revamped LIPA board 2:54 PM By Yancey Roy newsday One of the most outspoken critics of the revamped Long Island Power Authority has been reappointed to its board of trustees. Matthew Cordaro has been reappointed to the … Continue reading

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“Basically, the governor got everything he wanted in the original bill with very little compromise, if any. There’s no indication of what this will cost ratepayers.”


Cuomo, Legislature reach LIPA deal by Claude Solnik Published: June 20th, 2013 The New York State Legislature is expected to vote today on a deal reached by Gov. Andrew Cuomo and legislative leaders to privatize the operation of the Long … Continue reading

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LIPA Legislation Falling Apart?


It appears that there have more gaps created then closed with the latest revision to the Governors legislation. A quote from LIPA Board of Trustee Dr. Matthew Cordaro noted: “that many gaps remain in understanding the true long-term costs of the … Continue reading

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Proposed LIPA Legislation Should Be Amended


THE BILL SHOULD BE AMENDED : TO PROVIDE THAT THE LEGISLATION SHALL NOT BECOME EFFECTIVE UNLESS AND UNTIL THERE ARE FAVORABLE  IRS  RULINGS THAT THE LIPA BONDS TO BE ISSUED ARE   QUALIFIED PRIVATE ACTIVITY BONDS, AND THAT THE  REVISIONS TO THE … Continue reading

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Tell Your Senator To Slow The LIPA Process Down, We Cannot Afford Not Too…


There are very disquieting rumors that pressure is being applied to our very strong Senate delegation to support the Governor’s hastily cobbled together LIPA restructuring legislation. Please know that the LIPA Oversight Committee is here to support a new proposal … Continue reading

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Amendments to LIPA Bill


Amendments to LIPA Bill   Authorize LIPA and PSEG to amend Operating Service Agreement without being subject to Office State Comptroller approval and public bidding: provided that final agreement would be subject to Department of Public Service review and recommendation.   … Continue reading

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Freedom Of Information Request Submitted to Moreland Commission For LIPA Restructuring Proposal


Dear Moreland Commission Records Access Officer: Please email the following records if possible (include as much detail about the record as possible, such as relevant dates, names, descriptions, etc.):  “All detailed records associated to the analysis, correspondence, discussions and or … Continue reading

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RESOLUTION OF LIPA OVERSIGHT COMMITTEE


THE LIPA OVERSIGHT COMMITTEE, HAVING CONSIDERED  AND EVALUATED THE PROBLEMATIC LEGAL, FINANCIAL, IRS, REGULATORY,AND ECONOMIC ISSUES PRESENTED BY GOVERNOR CUOMO’S LIPA REORGANIZATION BILL,  AND  THE PROPOSED AMENDMENTS TO THE OPERATIONS SERVICE AGREEMENT BETWEEN LIPA AND PSE&G, AND  HAVING ALSO REVIEWED THE STATEMENTS … Continue reading

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DiNapoli: LIPA plan doesn’t protect customers


June 5, 2013 3:19 PM   By MARK HARRINGTON Newsday State Comptroller Thomas DiNapoli, in a preliminary analysis of Gov. Andrew M. Cuomo’s proposal to restructure LIPA, raises questions about lessened accountability and oversight and whether the new utility would be able to … Continue reading

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