Study: High LIPA rates 10 years in the making
WOODBURY - A new report has confirmed what many Long Islanders already know: LIPA bills are on the rise. The study released by state Comptroller Tom DiNapoli says the average Long Island household is paying $460 more per year than in 2002. It also insists that LIPA bills have gone up faster than most electric bills nationwide.
DiNapoli blames rising salaries at the power company and says that nearly half of LIPA's staff earns more than $100,000 each year. LIPA COO Michael Hervey argues that LIPA rates are below 2005 levels. He says the utility is doing its best in an economy where fuel costs are high and property taxes have skyrocketed.LIPA mulls changing fuel portion of customer bills