Public Service Commission
A commission appointed by Governor Andrew Cuomo today recommended New York State privatize the Long Island Power Authority, the state-run utility that performed abysmally following Hurricane Sandy, but what will that mean for ratepayers?
"The costs of privatization...are significant and none of these things are going to come about without a probable increase in rates," said Michael Fragin, who served on the LIPA board of trustees' finance committee through 2011.
Two weeks after Hurricane Sandy swept across the New York region and left thousands of water-damaged boilers, refrigerators, washers and dryers in its wake, the state received a requist to use money devoted to energy efficiency to replace the old appliances with new, cleaner ones.(1)
Governor Andrew Cuomo on Tuesday once again assailed the state's power companies and what he described as their lack of accountability.
"In theory they're regulated by the state, but not so much," said the governor, who, as the state's chief executive, oversees the state's utilities.(1)
After two weeks of criticizing the power companies' performance after Hurricane Sandy, Governor Andrew Cuomo has created a Moreland Commission charged with investigating every utility company in New York State.
In his Jan. 4 State of the State address, Governor Andrew Cuomo proposed building “an energy highway system” that, in its breadth and impact on New Yorkers’ daily lives, could rival Dwight D. Eisenhower’s interstate system, one of the most ambitious public-works projects in American history.