LIPA examines how it will pay for Sandy cleanup
UNIONDALE - The Long Island Power Authority (LIPA) is figuring out how to cover the massive costs associated with Hurricane Sandy cleanup.
LIPA says that it has spent more than $900 million and counting following the storm.
The utility says it is hoping FEMA will reimburse its costs 100 percent. LIPA would be left on the hook for between $200 million and $250 million if FEMA only reimburses 75 percent.
Officials say the utility may have to scale back programs like solar and energy efficiency if it must cover hundreds of millions in cleanup costs.