LIPA: Cost to fix PSEG storm systems that crashed during Tropical Storm Isaias could be up to $30 million

By Mark Harrington with Newsday

Originally published in Newsday

PSEG Long Island is expected to spend up to $30 million to fix telephone and computer systems that crashed during Tropical Storm Isaias in August, LIPA reported during a board meeting Wednesday in which ratepayer groups urged LIPA to drop the grid operator and move to a fully public model.

During the meeting to discuss the utility’s future options, LIPA officials reported that PSEG already has spent around $9.71 million from LIPA’s annual operations and long-term capital budgets to attempt to fix the systems.

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