AARP: LI cannot afford utility rate hike

Long Island cannot afford a proposed rate hike by LIPA and PSEG Long Island, according to a new study by the AARP. As News 12 has reported, the utility has proposed increasing the average bill next

News 12 Staff

Jun 30, 2015, 4:06 PM

Updated 3,253 days ago

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AARP: LI cannot afford utility rate hike
Long Island cannot afford a proposed rate hike by LIPA and PSEG Long Island, according to a new study by the AARP.
As News 12 has reported, the utility has proposed increasing the average bill next year by $2.85 a month. In 2017, the average bill would add another $2.85 a month and another $3.10 a month in 2018. The total increase would be $8.80 compared to the 2015 rate.
The AARP wants the LIPA board to drop the 3.2 percent rate hike that will take place each year for the next three years. They also want LIPA-PSEG to nix a plan to double the fixed monthly service charge and curb plans to recoup money when sales go down.
News 12 reached out to PSEG, and a representative said he hadn't seen the survey. He did say the rate hike is a "modest" increase necessary for vital improvements.
AARP members plan to rally at PSEG Long Island headquarters in Uniondale Tuesday.
 


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