In April 2021, LIPA released the Phase II Report of its Options Analysis. This report carefully details the pros and cons of four management options and provides the Board and stakeholders with the facts to make an informed decision. These options include:
- Option 1: Sell LIPA’s Assets to Private Investors
- Option 2: Reset the PSEG Long Island Relationship and Reform the Contract
- Option 3: Contract with a New Service Provider to Improve Operations
- Option 4: Bring Utility Operations Under LIPA Management
