Lawmakers hold public hearing on overcharging of LIPA customers

State Sen. Charles Fuschillo, Jr. (R-Merrick) hosted a public hearing today to allow LIPA the chance to explain why the company overcharged customers nearly $300

FARMINGDALE - State Sen. Charles Fuschillo, Jr. (R-Merrick) hosted a public hearing today to allow LIPA the chance to explain why the company overcharged customers nearly $300 million. LIPA Chief Operating Officer Michael Hervey testified at the hearing at Farmingdale State College, saying that the company will return some of the money. Lawmakers, however, weren't satisfied. "You can either take money from a ratepayer's left pocket or its right pocket, but it's still coming from the ratepayer itself," says state Sen. Jack Martins (R-Mineola). This week, the state Senate unanimously passed a bill which would require a Public Service Commission review if LIPA wants to raise rates more than 2.5 percent over the course of a year. Despite the claims that it overcharged customers, LIPA says its rates have actually fallen in the last few years, including 1.9 percent last month. However, Hervey says customers' bills are higher because of growing demand for electricity.

Share on Facebook Tweet on Twitter

advertisement | advertise on News 12

Top 5 Must See

Long Island can expect powerful winds and heavy 1 Nor'easter expected to bring strong winds, heavy rain
Cycle for Survival is the movement to beat 2 Cycle for Survival: Fighting rare cancers
The high winds expected with the nor'easter could 3 South Shore communities prep for nor'easter
The head of the Nassau chapter of Planned 4 LI Planned Parenthood chief voices concerns on administation
A teenager was attacked in a park Sunday 5 Police: Teen attacked at Huntington Station park

advertisement | advertise on News 12

Features

Each week, News 12's Doug Geed explores the Check out fun things to do on the East End!

Explore the Twin Forks with News 12's Doug Geed.

Each week a different shelter visits News 12 Dog Day Fridays Series

Each week a different shelter visits News 12 Long Island with pets up for adoption.

News 12 digs deep to find Long Island's Discover Long Island's Hidden Past

News 12's Danielle Campbell digs into Long Island's roots.

News 12's Lily Stolzberg sees how much Long On The Spot

News 12's Lily Stolzberg sees how much Long Islanders know about everything and anything.

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