LIPA Files Petitions with State Public Service Commission
Voluntarily Requesting Review of its Fuel Surcharges
The Long Island Power
Authority (LIPA) today announced that it has voluntarily filed
with New York State’s Public Service Commission (PSC) two
petitions seeking PSC review of LIPA’s fuel surcharge including
the appropriateness of its charges to customers and seeking a
confirmation that LIPA is treating fuel and purchased power
costs properly and similar to other New York electric companies.
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LIPA Chairman Richard M. Kessel said “While I
know bills are high, all of the increases are related to
skyrocketing oil and natural gas prices over which we have
no control. In fact, bills in 2005 would have been 7.4%
higher if we hadn’t absorbed almost $180 million in higher
fuel costs in that year alone."
