 | |
| Company type | Government-owned corporation |
|---|---|
| Industry | Energy industry |
| Founded | 1985 |
| Headquarters | , |
Area served | Nassau County, Long Island, NY Suffolk County Long Island, NY Rockaway, Queens, NY |
Key people | John Rhodes, Acting CEO Tracey Edwards, Chairman Board of Trustees |
| Services | Electricity |
| Revenue | $3.6 billion |
| Owner | State of New York (day-to-day operations contracted to PSEG Long Island) |
| Website | lipower psegliny |
Long Island Power Authority (LIPA, "lie-pah") is a municipal subdivision[1] of the State of New York that owns the electric transmission and electric distribution system serving all of Long Island and a portion of New York City known as the Rockaways. LIPA was originally created under the Long Island Power Act of 1985 to acquire the Long Island Lighting Company (LILCO)'s electric and natural gas infrastructure after the cancellation of the Shoreham Nuclear Power Plant. LIPA acquired LILCO's transmission system in May 1998,[2] while the remainder of LILCO's natural gas-related infrastructure merged with Brooklyn Union Gas to form KeySpan Energy.
Before 2014, LIPA's electric and natural gas infrastructure was run under its own name, though KeySpan operated its electric and natural gas infrastructure under a prior management contract with LIPA until 2007. KeySpan merged with National Grid USA in 2007, and National Grid began operating the electric infrastructure portion of LIPA business until 2013.
Since January 1, 2014, LIPA has contracted with New Jersey-based Public Service Enterprise Group to operate LIPA's electric infrastructure on LIPA's behalf for a period of 12 years.[3] National Grid handed control of the electric infrastructure portion of LIPA business to PSEG at the close of business on December 31, 2013. KeySpan still operates the natural gas infrastructure on Long Island.
LIPA's Long Island electric system provides service to over 1.1 million customers in Nassau and Suffolk counties and the Rockaway Peninsula in Queens. LIPA does not own or operate any generation plants or retail natural gas assets on Long Island, although many generation plants are under contract to LIPA to meet its power supply needs. LIPA is listed as the "Owner, Operator and/or Billing Organization" for 27 electric power generation facilities located on Long Island in the 2018 NYISO Gold Book, for a total of about 5,048 megawatts (MW) of nameplate capacity.[4]
- ^ Navigant Consulting, Inc. "Long Island Power Authority Biennial Report", August 31, 2010.
- ^ Lambert, Bruce (May 28, 1998). "The End of Lilco, as Long Island Has Come to Know It". The New York Times. Retrieved 4 June 2024.
- ^ "PSEG LI Pres and COO page". Retrieved November 6, 2018.
- ^ "NYISO 2018 Gold Book" (PDF). April 2018. pp. 55–57. Retrieved November 14, 2018.