Why would Long Islanders want to add the profits of a private corporation onto the fees for electricity delivery on the Island, especially if that corporation is a New Jersey corporation? Why would Long Islanders want to shift jobs from Long Island to New Jersey and see new taxes — corporate and personal — flow to Trenton instead of Albany?
The assertion that customers of the Long Island Power Authority are unhappy with the service they receive, and with LIPA’s response to Superstorm Sandy, is a falsehood. I am a shareholder in a cooperative community of 2,600 families on the Rockaway Peninsula — at a remote extreme of the LIPA network and at the epicenter of Sandy destruction — and I can state that LIPA takes good care of us.
The predecessor of LIPA, private LILCO, under which I also lived, gave us power outages or at least power blinks once or twice a month, regularly crashing my computers, and also squandered $5 billion on the nuclear gamble at Shoreham. Steadiness of supply was soon established by LIPA, a nonprofit, true public utility. LIPA did heroic and successful total restoration of our electricity within less than three weeks of the massive flooding of Oct. 29, 2012, and there has not been even a single blink of electric power (or crash of my computers) in all the months since.
If there were a problem with mismanagement of LIPA, blame for that would fall on Gov. Cuomo, since he appoints those responsible for overseeing LIPA. Cuomo’s assurance that it will be two and a half years before private greed plunders us is no comfort.
The only explanation for the bum’s rush to throw LIPA and its New York State assets into private hands, into the hands of New Jersey’s PSE&G, is high corruption.