LIPA Power Supply Charge to Increase 27% in November, Following 24% Increase Last Month
October 31,2014
The power supply charge for Long Island Power Authority customers will increase 27% in November to 9.34 cents per kWh from the current 7.36 cents, Newsday reports.
This follows a 24% increase last month.
Newsday reports that the increases are required to recover undercollections from prior months.
