DiNapoli OKs LIPA grid contract with PSEG
Photo credit: Newsday/Audrey C. Tiernan | State Comptroller Thomas P. DiNapoli (March 14, 2012)
State Comptroller Thomas DiNapoli Wednesday approved the Long Island Power Authority's $3.9 billion contract with PSEG to manage the regional electric grid, at the same time urging LIPA to "accelerate" a plan to achieve a top customer service rating within five years.
Separately, LIPA said it will cut bills another 0.8 percent next month as natural gas prices fall -- a reduction that will...