HEAT ALERT

Heat advisory issues for Long Island through 9 p.m. Wednesday.

LIPA seeks more rate hikes in face of soaring oil costs

Sources tell News 12 Long Island that the Long Island Power Authority is looking to increase monthly bills to help deal with rising oil and natural gas prices. LIPA CEO Kevin Law will soon announce another

News 12 Staff

May 7, 2008, 11:03 PM

Updated 5,913 days ago

Share:

Sources tell News 12 Long Island that the Long Island Power Authority is looking to increase monthly bills to help deal with rising oil and natural gas prices.
LIPA CEO Kevin Law will soon announce another hike in the power supply charge for 1 million customers, sources say. The power authority already hiked the charge 2 percent in January, and sources add the latest hike could be as much as 6 percent, amounting to an extra $9 a month on the average $150 monthly bill.
As gas prices continue to rise, LIPA is seeking to wean itself off fossil fuels in an attempt to start using renewable, more natural resources. The public is being invited to comment on LIPA?s new directive in the form of hearings.
LIPA is putting together a draft of their energy plan and public hearings will be held early in the fall.


More from News 12
2:22
HEAT ALERT: Heat, humidity continue with spotty storms possible tonight

HEAT ALERT: Heat, humidity continue with spotty storms possible tonight

2:15
Lifeguards on high alert following shark sighting offshore at Lido Beach

Lifeguards on high alert following shark sighting offshore at Lido Beach

0:22
Police: Hampton Bays High School teacher had inappropriate texting relationship with student

Police: Hampton Bays High School teacher had inappropriate texting relationship with student

2:51
Local officials weigh in on Republican National Convention, Trump VP pick

Local officials weigh in on Republican National Convention, Trump VP pick

0:17
Person wanted for setting off fireworks, damaging Stony Brook home

Person wanted for setting off fireworks, damaging Stony Brook home

0:22
Police: 11-year-old boy hospitalized after being hit by car in Roosevelt

Police: 11-year-old boy hospitalized after being hit by car in Roosevelt

1:45
Wantagh native earns second trip to Olympics

Wantagh native earns second trip to Olympics

1:55
Made on Long Island: BubbleGoat in Shoreham

Made on Long Island: BubbleGoat in Shoreham

7:10
Trump picks Sen. JD Vance of Ohio, a once-fierce critic turned loyal ally, as his GOP running mate

Trump picks Sen. JD Vance of Ohio, a once-fierce critic turned loyal ally, as his GOP running mate

1:18
Long Islanders seek to stay safe from sun amid intense heat

Long Islanders seek to stay safe from sun amid intense heat

0:47
NY AG, NYCLU sue Nassau County over controversial law on transgender athletes

NY AG, NYCLU sue Nassau County over controversial law on transgender athletes

0:26
Christopher Carini, Hempstead councilman and veteran law enforcement officer, has died

Christopher Carini, Hempstead councilman and veteran law enforcement officer, has died

1:58
Video of suspect in DWI crash that killed 2 Roslyn teens shown in court

Video of suspect in DWI crash that killed 2 Roslyn teens shown in court

1:49
Huntington woman says house fire may have damaged artifacts she planned to display

Huntington woman says house fire may have damaged artifacts she planned to display

0:26
Cooling centers open in Hempstead and Riverhead amid excessive heat

Cooling centers open in Hempstead and Riverhead amid excessive heat

2:07
Dr. Sanjey Gupta offers health tips amid dangerous heat conditions

Dr. Sanjey Gupta offers health tips amid dangerous heat conditions

3:40
Long Island officials reflect on Trump assassination attempt and security concerns for future public events

Long Island officials reflect on Trump assassination attempt and security concerns for future public events

3:30
Trump heads to convention as authorities investigate motive, security in assassination attempt

Trump heads to convention as authorities investigate motive, security in assassination attempt

0:17
Police: Suspect wanted for fleeing scene of crash in Shirley

Police: Suspect wanted for fleeing scene of crash in Shirley

0:28
Police: 3 people injured following wrong-way crash in West Islip

Police: 3 people injured following wrong-way crash in West Islip