Investor Relations
LIPA owns the electric transmission and distribution located in Long Island's Nassau and Suffolk counties, as well as the Rockaways in Queens County. In 2013, the Authority shifted to a public-private business model, preserving the cost advantages of public power while reforming LIPA's governance and business model to prioritize customer satisfaction. The Reform Act also capped property tax increases and reduced LIPA's cost of debt, using another entity with higher credit ratings to refinance the majority of LIPA's bonds. We invite investors, analysts, journalists and members of the public to browse through recent budgets, bond resolutions, rating agency reports, and more on our investor relations webpage.
Rating Agency Reports
- A2 (Stable) September 2019 (PDF)
- A (Stable) September 2019 (PDF)
- A (Stable) September 2019 (PDF)
Moody's Investors Service
Standard and Poor's Ratings Services
Fitch Ratings
Rate Plan and Budgets
- 2020 Budget (PDF)
- 2019 Budget (PDF)
- 2018 Budget (PDF)
- 2017 Budget (PDF)
- Dept. of Public Service Rate Recommendation (PDF)
- NYS Dept. of Public Service Rate Filing
Financial Statements
- 2019 Annual Report (PDF)
- 2018 Annual Report (PDF)
- 2017 Annual Report (PDF)
- 2016 Annual Report (PDF)
- 2015 CEO's Letter and Annual Report (PDF)
- 2014 (PDF)
- 2013 (PDF)
- 2012 (PDF)
- 2011 (PDF)
- 2010 (PDF)
- 2009 (PDF)
- 2008 (PDF)
- 2007 (PDF)
- 2006 (PDF)
- 2005 (PDF)
- 2004 (PDF)
- 2003 (PDF)
- 2002 (PDF)
- 2001 (PDF)
- Sep 30, 2019 (PDF)
- Jun 30, 2019 (PDF)
- Mar 31, 2019 (PDF)
- Sep 30, 2018 (PDF)
- Jun 30, 2018 (PDF)
- Mar 31, 2018 (PDF)
- Sep 30, 2017 (PDF)
- Jun 30, 2017 (PDF)
- Mar 31, 2017 (PDF)
- Sep 30, 2016 (PDF)
- Jun 30, 2016 (PDF)
- Mar 31, 2016 (PDF)
- Sep 30, 2015 (PDF)
Audited Financial Statments
Quarterly Statements
Official Statements & Bond Resolutions
- Series 2019A&B (September 12, 2019) (PDF)
- Series 2018 (October 17, 2018) (PDF)
- Series 2017 (December 1, 2017) (PDF)
- Series 2015 Notes GR-1-6 (May 14, 2018) (PDF)
- Series 2016B (October 14, 2016) (PDF)
- Series 2016A Direct Placement (September 1, 2016) (PDF)
- Series 2015B (November 18, 2015) (PDF)
- Series 2015A Direct Placement (June 16, 2015) (PDF)
- Series 2014C & 2015C Remarketing (September 27, 2018) (PDF)
- Series 2014AB (December 4, 2014) (PDF)
- Series 2012A&B (June 27, 2012) (PDF)
- Series 2011A (September 15, 2011) (PDF)
- Series 2010B (May 5, 2010) (PDF)
- Series 2003C (May 7, 2003) (PDF)
- Series 2000A (April 13, 2000) (PDF)
- Series 1998A (May 13, 1998) (PDF)
- General Revenue Bond Resolution (PDF)
- General Subordinated Revenue Bond Resolution (PDF)
- Financing Agreement (PDF)
- Reimbursement Agreement GR-1 (PDF)
- Reimbursement Agreement GR-2 (PDF)
- Reimbursement Agreement GR-3 (PDF)
- Reimbursement Agreement GR-4 (PDF)
- Reimbursement Agreement GR-5 (PDF)
- Reimbursement Agreement GR-6 (PDF)
- Revolving Credit Agreement (PDF)
Official Statements
Bond Resolution & Financing Agreements
Bank Agreements
Continuing Disclosure
- 2018 (PDF)
- 2017 (PDF)
- 2016 (PDF)
- 2015 (PDF)
- 2014 (PDF)
- 2013 (PDF)
- 2012 (PDF)
- 2011 (PDF)
- 2010 (PDF)
- 2009 (PDF)
- 2008 (PDF)
- 2007 (PDF)
- 2006 (PDF)
- 2005 (PDF)
- 2004 (PDF)
- 2003 (PDF)
- 2002 (PDF)
- 2001 (PDF)
- 2000 (PDF)
- 2016-2017 (PDF)
- 2014-2015 (PDF)
- 2012-2013 (PDF)
- 2010-2011 (PDF)
- 2008-2009 (PDF)
- 2006-2007 (PDF)
- 2004-2005 (PDF)
Continuing Disclosure Certificates
Biennial Engineer's Reports
Debt, Investments and Interest Rate Swaps
- 2019 (PDF)
- 2018 (PDF)
- 2017 (PDF)
- 2016 (PDF)
- 2015 (PDF)
- 2014 (PDF)
- Variable Rate Bonds (Jun 30, 2019) (PDF)
- Variable Rate Bonds (Dec 31, 2018) (PDF)
- Long Term Debt 2018 (PDF)
- Long Term Debt 2017 (PDF)
- Long Term Debt 2016 (PDF)
- Long Term Debt 2015 (PDF)
- Investment Policy (PDF)
- Debt Management Policy (PDF)
- Interest Rate Exchange Agreement Policy (PDF)
- December 31, 2019 (PDF)
- September 30, 2019 (PDF)
- June 30, 2019 (PDF)
- March 31, 2019 (PDF)
- December 31, 2018 (PDF)
- September 30, 2018 (PDF)
- June 30, 2018 (PDF)
- March 31, 2018 (PDF)
- December 29, 2017 (PDF)
- September 30, 2017 (PDF)
- June 30, 2017 (PDF)
- March 31, 2017 (PDF)
- December 31, 2016 (PDF)
- September 30, 2017 (PDF)
- June 30, 2016 (PDF)
- March 31, 2016 (PDF)
Annual Investment Reports
Schedule of Debt
Investment and Debt Policies
Interest Rate Swap Reports
Information Requests: To request information from Investor Relations, email investorrelations@www.lipower.org or contact us here.
