Long Island Power Authority Fiscal Sustainability Policy 2030
The Long Island Power Authority's Fiscal Sustainability Policy aims to ensure clean, reliable, and affordable energy by prudently managing assets and minimizing long-term costs to customers. Key strategic priorities include decreasing leverage and the cost of capital by targeting a 70% debt-to-asset ratio by 2030, maximizing grants, pre-funding long-term liabilities, and maintaining strong fixed obligation coverage. The policy also focuses on maintaining robust cash and available credit reserves for emergencies, developing cost-effective budgets that maximize customer value, providing transparent financial reporting, and minimizing coverage needs through effective reconciliation mechanisms.
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Long Island Power Authority Internal Project Portfolio 2026
This document outlines the Long Island Power Authority's 2025 internal project close-out and the 2026 internal project workplan, detailing how the Authority advances its strategic direction. Key focus areas include strengthening reliability and resiliency, advancing clean energy integration, improving customer experience and affordability, enhancing cybersecurity and information technology, and reinforcing long-term fiscal sustainability. The 2026 workplan builds on these foundations with focused priorities on outage performance, clean energy and electrification readiness, expanded affordability programs, leveraging technology and AI, and reinforcing the financial framework to deliver clean, reliable, and affordable electric service.
Dec 17, 2025·Strategic plan
Long Island Power Authority Strategic Direction 2023-2028
This document compiles annual reports on various board policies of the Long Island Power Authority, which collectively define its strategic direction. The reports detail progress, compliance, and initiatives related to clean energy and power supply, customer experience, transmission and distribution operations, customer value, affordability and rate design, fiscal sustainability, economic development and community engagement, information technology and cybersecurity, and safety. The overarching strategic objectives include achieving a zero-carbon electric grid, enhancing reliability and customer satisfaction, maintaining competitive rates, ensuring fiscal health, and fostering community growth.
