LIPA To Cut 4.3 Percent From Electric Bills
The Long Island Power Authority is expected to cut its
rates next month.
The utility will slash bills by a record 4.3 percent
thanks to the mild winter and falling natural gas prices.
According to Newsday, the cut will drop LIPA‘s rate to
their lowest levels in five years.
The reduction will save the average LIPA customer about
$6.50 a month.
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