Senator Charles J. Fuschillo, Jr. (R-Merrick) announced that legislation he cosponsored to greatly strengthen oversight of LIPA has been signed into law by Governor Andrew Cuomo.
“For years, LIPA ratepayers have rightfully demanded greater oversight over LIPA and its financial practices. With this new law, they’re finally getting new levels of transparency and accountability from LIPA that are long overdue. I’m pleased that Governor Cuomo has approved these new protections for LIPA ratepayers,” said Senator Fuschillo, a member of the Senate’s Energy Committee.
Senator Charles J. Fuschillo, Jr. (R-Merrick) today announced that the New York State Senate has passed legislation he cosponsors to greatly strengthen oversight of LIPA. The legislation would help make LIPA more transparent and accountable to its ratepayers.
“LIPA ratepayers pay some of the nation’s highest utility costs; we have every right to expect and demand more from LIPA. This legislation will bring a new level of transparency, accountability, and oversight to LIPA, all of which are sorely needed. I’m pleased that the Senate has approved these new protections for LIPA ratepayers,” said Senator Fuschillo, a member of the Senate’s Energy Committee.
Senator Fuschillo and his fellow Long Island Senators called on the LIPA Board of Trustees to reject a proposal to raise LIPA rates.
Following is a letter to the LIPA Board of Trustees which was read into the record at a public hearing on the rate hike proposal held yesterday. The LIPA Board of Trustees are the ones who will make the determination whether or not to raise LIPA rates.
Photo caption: Senator Fuschillo (left) questions LIPA & National Grid officials about their poor performance following Hurricane Irene. He is joined by Senator Carl Marcellino (center) and Senator Ken LaValle (right).