Cuomo proposes 3-year rate freeze in LIPA takeover

Associated Press
Cuomo proposes 3-year rate freeze in LIPA takeover

New York Gov. Andrew Cuomo speaks during a news conference in the Red Room at the Capitol on Monday, May 13, 2013, in Albany, N.Y. Cuomo wants to freeze Long Islanders’ energy rates for three years as part of a proposal to end operating control of the Long Island Power Authority. Legislative leaders didn’t commit to the proposal they would have to approve. But Assembly Speaker Sheldon Silver and Senate Republican leader Dean Skelos said Cuomo’s proposal was a good first step. (AP Photo/Mike Groll)

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