Long Island Power Authority
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The Long Island Power Authority or LIPA [ "lie-pah" ], a municipal subdivision of the State of New York, was created under the Long Island Power Act of 1985 to acquire the Long Island Lighting Company (LILCO)'s assets and securities. A second Long Island Power Authority (LIPA), a wholly owned subsidiary of the first, acquired LILCO's transmission and distribution system in May 1998.
LIPA, a non-profit municipal electric utility, owns the retail electric system on Long Island and provides electric service to over 1.1 million customers in Nassau and Suffolk counties, and the Rockaway Peninsula in Queens. LIPA does not own any electric generation assets on Long Island, and it does not provide natural gas service.
On January 24, 2006 Governor Eliot Spitzer annoucned that Kevin Law would replace Richard Kessel as Chairman of LIPA until the fall when a new Chairman would be named and Mr. Law would become Chief Executive Officer of LIPA. Richard Kessel is the current CEO.
[edit] See also
Long Island Lighting Company
Shoreham Nuclear Power Plant