LIPA Board Approves Net Metering for Wind Electric Generating Equipment

Uniondale, NY- October 18, 2006- The Long Island Power Authority (LIPA) Board of Trustees today approved a revision to LIPA’s Tariff that would allow for the net energy metering of qualifying residential and Farm Service wind electric generating equipment.

Under LIPA’s net metering proposal, residential and Farm Service customers who generate electricity with wind generators will be eligible to receive credit for the electricity they generate that is exported
back to LIPA’s grid.

“LIPA strongly supports renewable energy alternatives such as wind and solar generation,” said LIPA Chairman Richard M. Kessel. “Net metering for wind generated power is the next logical step to help LIPA’s customers take full advantage of all of the benefits that renewable and clean energy applications have to offer. LIPA already provides net
metering for solar installations now these will be extended to wind generators.”

To learn more about LIPA’s Clean Energy Initiative (CEI) and other LIPA electric conservation programs for both commercial and residential customers, visit LIPA’s Web site at www.lipower.org

LIPA, a non-profit municipal electric utility, owns the retail electric Transmission and Distribution System on Long Island and provides electric service to over 1.1 million customers in Nassau and Suffolk counties and the Rockaway Peninsula in Queens.  In terms of customers served, LIPA is the 3rd largest municipal electric utility in the nation
and the 6th largest in terms of electricity delivered. LIPA does not provide natural gas service or own any on-island electric generation assets.

LIPA Contact Information:
Media Relations: (516) 719-9892
Media Pager: (516) 525-LIPA
media.relations—-lipower.org

LIPA News Center
http://www.lipower.org/newscenter

LIPA CEI
http://www.lipower.org/cei