Long Island Power Authority
 
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| Government-owned corporation | |
| Industry | Energy industry |
| Founded | 1985 (LIPA) 2014 (PSEG Long Island) |
| Headquarters | Uniondale, New York, United States |
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Area served
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Nassau County, Long Island, NY Suffolk County Long Island, NY Rockaway, Queens, NY |
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Key people
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Tom Falcone, LIPA CEO David M. Daly, President & COO Ralph V. Suozzi, Chairman LIPA Board of Trustees |
| Services | Electricity |
| Revenue | $3.6 billion |
| Owner | State of New York (day-to-day operations handled by Public Service Enterprise Group under outsourcing agreement) |
| Website |
lipower psegliny |
Long Island Power Authority, commonly abbreviated as LIPA ("lie-pah"), is a municipal subdivision of the State of New York that owns the electric grid for most of Long Island and contracts with PSEG Long Island to operate the grid on its behalf. LIPA was originally created under the Long Island Power Act of 1985 to acquire the Long Island Lighting Company (LILCO)'s assets and securities after the cancellation of the Shoreham Nuclear Power Plant. LIPA acquired LILCO's transmission and distribution system in May 1998.
PSEG Long Island is a division of PSEG and has managed the LIPA electric grid under contract since January 1, 2014. Before that, LIPA's grid was run under its own brand name, though National Grid USA (previously Keyspan Energy) maintained LIPA's transmission and distribution system under a prior management contract that expired on December 31, 2013.
LIPA's Long Island retail 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's Long Island transmission voltages are 345,000, 138,000 and 69,000 volts, subtransmission voltages are 33,000 and 23,000 volts, and distribution voltages are 13,200 and 4,160 volts.
Tom Falcone was appointed the CEO of LIPA in March 2016. David M. Daly is the current President and COO of PSEG Long Island, while Ralph V. Suozzi is the chairman of LIPA's Board of Trustees.
On January 24, 2007, then-Governor Eliot Spitzer announced that Kevin Law would replace Richard Kessel as Chairman of LIPA until the fall when a new Chairman would be named and Law would become Chief Executive Officer of LIPA. On October 8, 2007, Law took over as President and CEO. Kevin Law stepped down on September 1, 2010 in order to become the President of the Long Island Association.
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Wikipedia