Media Advisory

LIPA to Host Public Hearings on Update to Energy Master Plan

“LIPA’s Energy Master Plan needs to reflect recent changes in the industry, ever soaring fuel prices, supply, changes in the markets and environmental regulations and policy,” said LIPA President and CEO Kevin S. Law. “Since the completion of the initial plan, we now have better information on cost and performance of resource options. Additionally, many new sources of energy require a lead time of 5-7 years for development. The time is now to start looking at what resource options will best meet our energy needs for the future,” said Law, who called for the update in December 2007.

“Over the past four years, conditions have dramatically changed with higher fuel prices, improvements in technology and new state and federal energy policies. We must update the plan to account for these changes, and I want the plan to be developed through an open, transparent process. Input from the people who live and work in LIPA’s service territory is critical to our success in this regard.”

A copy of the Draft Outline of the energy master plan update is available on LIPA’s Web site at: http://www.lipower.org/company/powering/energyplan08.html. The next public hearing will be held on May 7, from 10:00 am to 12:00 pm at Brookhaven Town Hall, One Independence Hill, Farmingville, NY

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