Letters: Guv's LIPA plan is a rehash
Gov. Andrew M. Cuomo's proposal to re-privatize the Long Island Power Authority is like a case of Alzheimer's disease ["Eyes on LIPA plan," News, May 15]. The Long Island Lighting Co. became a government-run utility 16 years ago because it had failed to do much more than enrich its chairman, William Catacosinos, to an obscene degree, while charging the second-highest rates of any power company in the United States. How could foisting dividend payments and new debt upon LIPA customers possibly save money now?
LIPA failed to deal with superstorm Sandy primarily because governors have appointed incompetent political friends to its board of directors. How long did LIPA's directors ignore National Weather Service forecasts that perfectly predicted Sandy's turn toward New Jersey?
The only real and money-saving solution is to fire LIPA's directors and replace them with people who've actually worked in the power industry.
I really want my essential power supply improved, not Cuomo's political power.
Kurt Wilner, Huntington
The governor's LIPA plan would put our electrical system back into a private company's hands to be regulated by the Public Service Commission, both of which have failed ratepayers before.
Before LIPA, a private company, LILCO, ran our electric system. LILCO went nuts and wanted to build a number of nuclear plants on Long Island -- the first being Shoreham. I was coordinator of the Stop Shoreham Campaign and followed the issue closely.
Shoreham construction was going poorly, and LILCO ran out of money. To accommodate LILCO's need for construction cash, a corrupt PSC changed regulations and flooded LILCO with money -- squandering more than a billion of our ratepayer dollars.
Why does the governor keep mentioning that LIPA was originally meant to be a holding company? This is false. The legislation creating LIPA states that it was to be a publicly owned power authority. Something is very wrong with the governor's LIPA restructuring proposal.
Peter Maniscalco, Manorville