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FOR IMMEDIATE RELEASE
March 13, 2007

Contact Information:
Media Relations: (516) 719-9892
Media Pager: (516) 525-LIPA
media.relations@lipower.org

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Kessel Reports on LIPA Issues at HIA Luncheon

Melville, N.Y. – March 13, 2007 – For the seventh year in a row, Long Island Power Authority (LIPA) CEO/President Richard M. Kessel, gave a status report on electric energy issues important to Long Island and the region to the members of the Hauppauge Industrial Association (HIA) at its monthly luncheon.

Mr. Kessel’s talk centered on LIPA’s many accomplishments over the last nine years in increasing its electric supply, improving and expanding its Transmission and Distribution System, and controlling costs for ratepayers, and fostering energy efficiency.

At the same time, Mr. Kessel also commented on issues currently facing LIPA such as: the proposed acquisition of KeySpan by National Grid; repowering Long Island’s older power plants; and developing a comprehensive program to reduce electric energy demand growth in the years ahead.

Mr. Kessel’s complete speech can be accessed by clicking on the following link: Stream or Download.
 

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LIPA, a non-profit municipal electric provider, owns the retail electric Transmission and Distribution System on Long Island and provides electric service to more than 1.1 million customers in Nassau and Suffolk counties and the Rockaway Peninsula in Queens. LIPA is the 2nd largest municipal electric utility in the nation in terms of electric revenues, 3rd largest in terms of customers served and the 7th largest in terms of electricity delivered. In 2006, LIPA outperformed all other overhead electric utilities in New York State in all three major reliability categories. LIPA does not provide natural gas service or own any on-island generating assets. More information about LIPA can be found online at: http://www.lipower.org

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