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Letter: Skeptical of PSEG’s ‘revenue decoupling’

A PSEG Long Island truck on July 10,

A PSEG Long Island truck on July 10, 2014. Credit: Newsday / John Paraskevas

Regarding “PSEG to add new fee” [News, Feb. 11], I fail to see why ratepayers should be responsible for keeping up the utility’s revenue stream.

PSEG Long Island cautions us to use energy efficiently. The cost of providing power has decreased because of milder weather and lower fuel prices. We should only be paying for what we use.

The heavy irony is this revenue decoupling adjustment — a fancy name for paying for something you don’t get — is supposed to be invested to continue to reduce consumption.

This is a blatant rip-off.

Denis O’Driscoll, Westbury