Long Island News
LIPA to increase rates to cover Hurricane Sandy costs
LONG ISLAND (WABC) -- LIPA officials have approved a 30 cents a month increase to help recover expenses from Superstorm Sandy.
The plan will collect $80-million from customers over 10 years.
The new rates begin next year.
LIPA is also counting on FEMA to pick up 90 percent of the $806-million in costs from Sandy.
long island, lipa, superstorm sandy, long island news
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