LIPA Bills to Drop 4% Through a Power Supply Charge
Reduction of 7.6%
Uniondale, NY – October 4, 2006 – Long Island Power Authority (LIPA)
Chairman, Richard M. Kessel, today announced that starting October 16th LIPA’s
electric bills would drop by 4% as a result of a 7.6% reduction in its Power
Supply Charge.
All photos are available in
hi-res format. If you would like to request a photo, please contact us at
media.relations@lipower.org. To
download any of the pictures above (low-res) simply right-click over the picture
and select "Save Picture As..."
“The historic increases in the cost of oil and natural
gas in recent years have forced LIPA to pass along some of
those increases to customers. With the recent reductions in
those costs, LIPA’s costs for fuel and purchased power are
reduced. In turn, we can pass along these savings to our
residential and commercial customers,” said LIPA Chairman
Richard Kessel.
