LIPA: No Rate Hike Despite $950M Repair Bill

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    NEWSLETTERS

    Anger is growing at LIPA as outages stretch into a third week, and a class action lawsuit is filed against the power company and National Grid. It claims the utilities' negligence before and after Sandy borders on criminality. Greg Cergol reports. (Published Tuesday, Nov 13, 2012)

    The Long Island Power Authority says its repair bill from Sandy could hit $950 million.

    According to Newsday, LIPA trustees have been told that federal reimbursements could cover all of that amount.

    Thousands Enter Third Week in Dark

    [NY] Thousands Enter Third Week in Dark
    On Long Island, the rain and falling temperatures are just the latest blow to tens of thousands of people still in the dark. One Valley Stream father is more anxious than ever after bringing his 2-day-old newborn back to a powerless home. News 4's Pei-Sze Cheng reports. (Published Tuesday, Nov 13, 2012)

    It says that means the utility won't raise rates — at least for now.

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