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Long Island Power Authority Plans to Add 100 Megawatts of Solar

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July 12 (Bloomberg) -- Long Island Power Authority, which left thousands of customers without electricity for weeks after Hurricane Sandy struck in October, plans to add 100 megawatts of solar energy, enough for about 13,000 homes.

The solar projects will all be built on Long Island and electricity produced in certain areas will qualify for a premium of about 7 cents a kilowatt-hour, according to an e-mailed statement today.

“LIPA continues to fulfill our commitment to be a leader in the advancement of efficiency and renewable energy,” Chief Operating Officer John D. McMahon said in the statement. The authority provides electricity to more than 1.1 million customers.

The authority also is developing this year a feed-in tariff program to offer higher rates for 20 megawatts of electricity produced from wind, fuel cells and other clean sources. In another initiative, LIPA is preparing to solicit bids for as much as 280 megawatts of renewable energy.

New York Governor Andrew Cuomo last month reached an agreement with state lawmakers to allow Public Service Enterprise Group Inc., the largest provider of gas and electric service in New Jersey, to take over the operations of state-owned LIPA, established in 1985.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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