LIPA proposed budget includes $7 increase in electric bills
Residential customer bills would go up $5 to $7, depending on power usage. Last year's budget increased bills by about $20.
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LIPA discussed its fiscal year 2025 budget at a board meeting in Uniondale Wednesday, which includes a $7 increase in power bills for residential customers.
LIPA's acting CEO tells News 12 that the increase is due to debt service requirements, and the higher cost of power supply.
Long Islanders we spoke with say with the rising cost of every day items and services, another bill increase is unfair.
LIPA will vote on the final budget at its next meeting, following public comment sessions on Nov. 25 and 26.
