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LIPA Board Selects PSEG to Operate the Long Island Electric Grid

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Uploaded by on Dec 15, 2011

The Long Island Power Authority (LIPA) Board of Trustees today voted to select Public Service Enterprise Group, Incorporated (PSEG), a leading New Jersey based energy provider with over 100 years of experience in electric energy generation, transmission and distribution, to manage the operations of the electric grid on Long Island. The new contract is for 10 years and requires PSEG to create a wholly-owned subsidiary to be located on Long Island and dedicated to LIPA and its 1.1 million customers.

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