Thursday, August 2, 2007

civiletti: Tallying LNG savings vs. cost

civiletti: Tallying LNG savings vs. cost

One cost we know for sure: the $850,000 LIPA blew on the Levitan assessment report it was supposed to have two years ago, which LIPA now may or may not use for anything. This makes it a ratepayer-funded PR boondoggle for Broadwater Energy, resulting in headlines about multibillion dollar "savings" that don't factor in costs which may equal or exceed those "savings."