NEW YORK (CBSNewYork) — The Long Island Power Authority is now under new management.
Governor Andrew Cuomo signed a major LIPA reform bill Monday morning that will do away with the beleaguered utility. He made it official at a signing ceremony in Uniondale, WCBS 880’s Mike Xirinachs reported.
Management of the power company will be turned over to New Jersey-based PSE&G. LIPA will still exist, but with only 20 employees and nine trustees, CBS 2’s Carolyn Gusoff reported.