| Efficiency Long Island is a 10-year,
$924 million energy efficiency program that will make a wide
array of incentives, rebates and initiatives available to LIPA’s
residential and commercial customers to assist them in reducing
their energy usage and thereby lowering their bills. Efficiency
Long Island is intended to succeed and expand upon LIPA’s Clean
Energy Initiative that expired in 2008.
LIPA is committed to providing its
customers with the most reliable service at the lowest practical
price. To meet this goal, LIPA must ensure that it always has
enough generation resources to serve customers’ electrical needs
with a margin in case of equipment failure or unexpected
increase in customer demand. Based upon our evaluations,
Efficiency Long Island is the first step we should pursue as it
is the most economic.
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