PSEG LI is a private utility company that was selected pursuant to competitive bid to take over management of LIPA’s electric system. On January 1, 2014, PSEG LI became responsible for LIPA’s day-to-day operations, including: budgeting, maintenance, storm preparedness and response, infrastructure improvements, and energy efficiency and renewable activities.
Electric customers on Long Island now receive their bill from PSEG LI rather than LIPA. Natural gas customers receive two bills: one from PSEG LI for their electric service and one from National Grid for their gas service. National Grid continues to own and operate its gas distribution business on Long Island.