AARP: LI cannot afford utility rate hike

Long Island cannot afford a proposed rate hike by LIPA and PSEG Long Island, according to a new study by the AARP. As News 12

The AARP wants the LIPA board to drop the 3.2 percent rate hike that will take place each year for the next three years. They also want LIPA-PSEG to nix a plan to double the fixed monthly service charge and curb plans to recoup money when sales go down.

The AARP wants the LIPA board to drop the 3.2 percent rate hike that will take place each year for the next three years. They also want LIPA-PSEG to nix a plan to double the fixed monthly service charge and curb plans to recoup money when sales go down. (6/30/15)

WOODBURY - Long Island cannot afford a proposed rate hike by LIPA and PSEG Long Island, according to a new study by the AARP.

As News 12 has reported, the utility has proposed increasing the average bill next year by $2.85 a month. In 2017, the average bill would add another $2.85 a month and another $3.10 a month in 2018. The total increase would be $8.80 compared to the 2015 rate.

The AARP wants the LIPA board to drop the 3.2 percent rate hike that will take place each year for the next three years. They also want LIPA-PSEG to nix a plan to double the fixed monthly service charge and curb plans to recoup money when sales go down.

News 12 reached out to PSEG, and a representative said he hadn't seen the survey. He did say the rate hike is a "modest" increase necessary for vital improvements.

AARP members plan to rally at PSEG Long Island headquarters in Uniondale Tuesday.

 

advertisement | advertise on News 12

Top 5 Must See

Two lawmakers are pushing for better safety on 1 Local lawmakers push for better safety on Southern State Parkway
Police are searching for the driver involved in 2 Police: Man arrested in fatal Brentwood hit-and-run
Officials say a man is dead after being 3 Officials: Pedestrian fatally struck by car in Coram
Police say Fredys Santamaria was parked outside of 4 Man accused of parking lot lewdness arrested again
A man is in court Sunday after he 5 Police: Man steals car, crashes on Loop Parkway

advertisement | advertise on News 12

More News

The utility has proposed raising rates an average PSEG LI makes case for rate hikes at hearings

PSEG Long Island is making its case for a proposed rate hike during hearings at

At first, the DPS recommended that the utility's Officials call on comptroller to review PSEG rate hike

Utility customers and local officials are questioning the Department of Public Services after it drastically

Previously, the department recommended that LIPA and PSEG State panel revises PSEG LI rate hike recommendation

The state Department of Public Service revised how much PSEG Long Island should cut from

State regulators say the rate increase proposal should Review finds PSEG rate hike proposal is too high

The Department of Public Service released its review of PSEG's three-year, $221 million rate hike

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE