LIPA trustees renew power plant contract

Oct 9th, 2012 | By | Category: Energy

NEW YORK (AP) — Despite opposition from environmentalists, Long Island Power Authority trustees voted to approve a new 15-year-old contract for dozens of National Grid power generators.

The contract, valued at over $241 million a year, includes the option to upgrade the three largest plants while saving about $2 million annually. Tuesday’s vote was 8-1.

For more on this story, visit: LIPA trustees renew power plant contract – Connecticut Post.

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