Tag Archives: lipa oversight committee

“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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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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LIPA legislation Relating To The Fast Tracked New LIPA


June 17, 2013 Introduced by COMMITTEE ON RULES — (at request of the Governor) — read   twice  and  ordered  printed,  and when printed to be committed to the   Committee on Rules AN ACT to amend the public service … 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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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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Politics of Power: Session Countdown on Long Islands Energy Future


“There’s been this insistence [on] refus[ing] to make LIPA a real utility, and the latest version just perpetuates that. LIPA employs an outside, for-profit contractor to carry out most of its operations, and has since day 1. This is totally different than the … 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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Testimony of David Daly, PSEG Vice President-LIPA Transition Appearing Before a New York State Senate Joint Committee


TESTIMONY OF DAVID DALY VICE PRESIDENT-LIPA TRANSITION PUBLIC SERVICE ENTERPRISE GROUP PUBLIC HEARING ON THE FUTURE OF LIPA THE COMMITTEE ON INVESTIGATIONS AND GOVERNMENT OPERATIONS THE COMMITTEE ON CORPORATIONS, AUTHORITIES, AND COMMISSIONS NEW YORK STATE SENATE FEBRUARY 27, 2013   Good … 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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LIPA Going Private Will Mean Big Pay Day For Wall Street


Long Island’s Power Problems Mean Big Paydays for Wall Street    By    Robert Lewis : Reporter, WNYC News Long Island Power Authority customers are still paying off debt for a nuclear plant in Shoreham. The plant, which never opened, cost more than $6 … Continue reading

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