Report: Proposed Yaphank power plant could cost LI billions

A proposed power plant in Yaphank may take

A proposed power plant in Yaphank may take a step forward Tuesday night. The Brookhaven Town Board is expected to accept the final environmental impact statement for the 350 megawatt natural gas facility known at Caithness II. (April 22, 2014 7:39 AM)

Officials say it could cost Long Island ratepayers over $3 billion to build and equip a new mega power plant in Yaphank. 

The new Caithness 2 power plant would be built in an open lot next to the current Caithness power plant.

The construction price-tag is just over $1 billion. However, financing and payments in lieu of taxes could push the cost to over $3 billion, according to...

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