2010 LIPA budget includes 1.5% bill hike
Long Island Power Authority?s budget for next year raises customers? bills by 1.5 percent, the result of a new state tax according to CEO Kevin Law.
Law emphasizes that rates are not going up, but says LIPA is hiking bills due to a new state utility tax it?s being hit with. LIPA says the increase will amount to an extra $2.25 or so a month.
Law says customers should keep in mind there was a rate reduction in May and a bill credit goes into effect this fall.
?Most people probably don't care why it's going up,? says Uniondale resident Kevin Shields. ??just that it's going up.?
Public Information SessionsNovember 17 -- 10 a.m. in Nassau County7 p.m. in Suffolk County
December 9 -- 10 a.m. in Suffolk County7 p.m. in Nassau County
Read the entire budget at Long Island Power Authority