Doing the math on LIPA plan
Photo credit: Jim Peppler | LIPA technicians work on one of two transformers being installed at the LIPA Newbridge Road Substation in Levittown in preparation for the connection of the Neptune Regional Transmission System cable which will bring 660 Megawatts of electricity (the equivalent of two power plants) to Long Island. (Aug. 16, 2006)
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After all of the buildup, Gov. Andrew M. Cuomo's State of the State speech Wednesday said virtually nothing about the Long Island Power Authority, other than that it should be privatized.
But now that the governor has made the pitch formal, there are plenty of issues he will need to address in explaining how he'll pull this one off.
A few questions: Who'd want to buy a utility saddled...
