September 02, 2014 5:30 PM ET

Electric Utilities

Company Overview of Long Island Power Authority

Company Overview

Long Island Power Authority is a non-profit municipal electric utility that offers electricity distribution services to residential and commercial customers. It also designs energy conservation programs and publishes brochures and population surveys, which provide information related to the energy sector. Long Island Power Authority is based in Uniondale, New York.

333 Earle Ovington Boulevard

Suite 403

Uniondale, NY 11553

United States

Phone:

516-222-7700

Fax:

516-222-9137

Key Executives for Long Island Power Authority

Chief Executive Officer and Chief Operating Officer
Age: 62
Chief Financial Officer
General Counsel and Secretary
Vice President of Administration
Vice President of Power Markets
Compensation as of Fiscal Year 2014.

Long Island Power Authority Key Developments

Long Island Power Authority Appoints Tom Falcone as CFO

The Long Island Power Authority board of trustees announced appointment of Tom Falcone as CFO of the authority, effective immediately. Falcone spent his professional career at Morgan Stanley & Co. LLC, where he served as an investment banker and strategic adviser engaged in municipal and utility finance.

LIPA Announces Preliminary and Unaudited Sales Results for the Year of 2013

LIPA announced preliminary and unaudited sales results for the year of 2013. The year ended with $3.755 billion in revenue, up from $3.54 billion in 2012. The revenue figure is $158 million above LIPA's budgeted projections for the year.

Long Island Power Authority, Board Meeting, Jan 21, 2014

Long Island Power Authority, Board Meeting, Jan 21, 2014. Agenda: To approve the appointment of new chief financial officer; and to consider review of 2013 fiscal results.

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