EAST MEADOW - Long Island Power Authority Chairman Howard Steinberg is promising prompt remedial action if an audit ordered by Gov. Andrew Cuomo (D-N.Y.) yesterday reveals any deficiencies in the company.

The state inspector general's audit was triggered following a state Senate hearing in Farmingdale three weeks ago where LIPA's Chief Operating Officer Michael Hervey was questioned by lawmakers over allegations that customers have been overcharged.

LIPA has also been accused of misspending millions in ratepayer's money for Hurricane Earl, which never hit the Island. Hervey says he stands behind the company's actions.

Watchdog groups say they hope the audit will shed light on the power authority's operating procedures. It's estimated that it will take the state six months to a year to complete.

Gov. Cuomo orders audit of LIPALawmakers hold public hearing on overcharging of LIPA customers