LIPA customers will be getting money back

September 21, 2009 2:42:03 PM PDT
The Long Island Power Authority is giving customers a refund. Citing lower-than-projected natural gas prices, LIPA said $144 million will be refunded in two installments before year's end.

It's about $70 for average residential customers.

The refunds will come in the form of credits on October and November bills. Customers whose bills are higher, particularly businesses and those with all-electric heat will see credits totaling more than $100.

LIPA also considered implementing a rate reduction, rather than credits, but it would have been too big to return all the money before December.

      QUICK HEADLINES | NEW YORK NEWS | GET NEWSLETTERS
-----------------------------------------------------------------------------------------------
ABC 7 SOCIAL NETWORKING
Find us on Facebook® | Follow us on Twitter
More social networking
-----------------------------------------------------------------------------------------------
MORE FROM ABC 7
Contact Long Island Bureau | Most popular stories | Street-level weather
Mobile Alerts | Report Typos | See News? Tell Eyewitness news
-----------------------------------------------------------------------------------------------


Load Comments