LIPA approves plan to hike bills to recoup Sandy expenses
LIPA officials have unanimously voted to increase ratepayers' bills to help recover Sandy expenses.
LIPA approved a plan to collect $80 million in storm costs over 10 years, starting next year.
For customers, this means their bills will go up approximately 30 cents a month.
According to officials, the hope is that collecting the unreimbursed costs from customers will help...