LIPA cuts size of proposed rate hike
News 12 Long Island has learned that the LIPA board has cut the size of the three back-to-back rate hikes. The proposed increase in utility bills has been lowered from the original $441 million rate
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Nov 13, 2015, 9:31 PM
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Updated 3,325 days ago
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News 12 Long Island has learned that the LIPA board has cut the size of the three back-to-back rate hikes.
The proposed increase in utility bills has been lowered from the original $441 million rate hike to $287 million, according to Newsday.
Officials say part of the reason is lower fuel costs.
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