Officials call on comptroller to review PSEG rate hike

Utility customers and local officials are questioning the Department of Public Services after it drastically scaled down its rate hike recommendation to PSEG Long Island

At first, the DPS recommended that the utility's proposed $440 million rate hike should be reduced by 78 percent. On Monday, it acknowledged a major mistake and said the increase should be dialed back by only 37 percent.

At first, the DPS recommended that the utility's proposed $440 million rate hike should be reduced by 78 percent. On Monday, it acknowledged a major mistake and said the increase should be dialed back by only 37 percent. (6/9/15)

WOODBURY - Utility customers and local officials are questioning the Department of Public Services after it drastically scaled down its rate hike recommendation to PSEG Long Island and LIPA Monday.

At first, the DPS recommended that the utility's proposed $440 million rate hike should be reduced by 78 percent. On Monday, it acknowledged a major mistake and said the increase should be dialed back by only 37 percent.

Brookhaven town and Suffolk County officials are calling on the New York state comptroller to review and reject the utility's proposed hike, which amounts to a 4 percent increase for rate payers annually for the next three years.

"This is a fight about the future of Long Island. Make no mistake about it," says Brookhaven Town Supervisor Ed Romaine.

PSEG and LIPA say they are reviewing the revised testimony submitted by the DPS and will formally respond on June 10.

The New York state comptroller has not yet responded to Brookhaven's request.

 

advertisement | advertise on News 12

Top 5 Must See

The number of people living in poverty on 1 LIA study: LI poverty on the rise
News 12's Lily Stolzberg visited the Walt Whitman 2 On the Spot: Women's History
United Airlines launched a controversy over the weekend 3 United Airlines faces turbulence over leggings ban
Troy Ramey of Sea Cliff competes on NBC's 4 Long Islander competes on 'The Voice'
The suspects describe themselves as part of the 5 3 men accused of spraying graffiti in 6 communities

advertisement | advertise on News 12

More News

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

The town wants the New York State Public Brookhaven opposes PSEG rate hike

The town wants the New York State Public Service Commission to formally oppose a planned

Natural gas prices hit an eight-month low last PSEG LI proposes delivery charge hike

Under the plan, PSEG LI would boost the delivery charge portion of the bill by

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