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A Con Edison crew works at the Alfred E. Smith Houses in lower Manhattan, on October 31.     Photo: Jason A. Howie, CC some rights reserved
A Con Edison crew works at the Alfred E. Smith Houses in lower Manhattan, on October 31. Photo: Jason A. Howie, CC some rights reserved

Cuomo calls for utility, regulation reform

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When Gov. Andrew Cuomo delivers his annual State of the State message tomorrow, it will include proposals for greater oversight of state's electric utilities.
An investigatory panel created by Cuomo in the aftermath of Superstorm Sandy recommends that the state's Public Service Commission be given more powers to regulate electric utilities and to impose higher monetary fines.

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The governor agrees with report from his Moreland Commission. He wants fundamental change at the Public Service Commission, or PSC, “I don’t believe the PSC is really a regulator, and I don’t believe these utility companies are regulated entities,” said Cuomo. “We say that, but that’s not really the way the relationship is defined.”

The governor says he wants the state to have the power to terminate contracts with utility companies if they fail to perform. 

The report focused on the Long Island Power Authority. Cuomo wants LIPA privatized.  He says he’ll next focus on utilities in upstate New York.

 

 

 

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