1 00:00:00,534 --> 00:00:03,270 >> so my name is tom locascio. 2 00:00:03,270 --> 00:00:07,207 I'd like to welcome you to our december 2nd public 3 00:00:07,207 --> 00:00:09,977 comment session on the reform management contract 4 00:00:09,977 --> 00:00:11,545 with pseg long island. 5 00:00:11,545 --> 00:00:15,849 I'm going to turn it over to life as chief executive 6 00:00:15,849 --> 00:00:19,419 officer tom falcon, who's going to go through a 7 00:00:19,419 --> 00:00:22,956 presentation on some of the key elements of the 8 00:00:22,956 --> 00:00:26,493 reform contract that will be before the life of 9 00:00:26,493 --> 00:00:28,610 board on december 15th. 10 00:00:28,610 --> 00:00:31,598 and then we'll go to our public comment portion, 11 00:00:31,598 --> 00:00:32,366 tom. 12 00:00:32,366 --> 00:00:33,934 um, good evening everybody. 13 00:00:33,934 --> 00:00:37,471 and it's my pleasure to be here with you. 14 00:00:37,471 --> 00:00:42,209 I would say that it is a special treat to spend any 15 00:00:42,209 --> 00:00:46,146 evening with a group of people that want to are 16 00:00:46,146 --> 00:00:49,683 interested in and want to spend time talking about 17 00:00:49,683 --> 00:00:51,251 their local electric utility. 18 00:00:51,251 --> 00:00:53,587 you are my kind of people. 19 00:00:53,587 --> 00:00:57,157 uh, I'm joined here tonight by many members of 20 00:00:57,157 --> 00:00:59,493 lipid, senior staff and our board. 21 00:00:59,493 --> 00:01:02,629 uh, the comments as tom locascio mentioned are 22 00:01:02,629 --> 00:01:05,399 recorded, uh, they will be put online. 23 00:01:05,399 --> 00:01:09,736 uh, you will be able to look at the webinar on 24 00:01:09,736 --> 00:01:13,640 life website and a summary of the comments will also 25 00:01:13,640 --> 00:01:17,577 be provided to the lipid board at its december 15th 26 00:01:17,577 --> 00:01:19,146 meeting for their consideration. 27 00:01:19,146 --> 00:01:23,830 uh, this is one of a series of public events, 28 00:01:23,830 --> 00:01:26,219 uh, and we are also accepting written comments 29 00:01:26,219 --> 00:01:27,788 on the reform contract. 30 00:01:27,788 --> 00:01:32,526 the one thing I wanted to do is start tonight with a 31 00:01:32,526 --> 00:01:35,662 little bit of background to frame our discussion, 32 00:01:35,662 --> 00:01:39,199 and then we're here to listen to you. 33 00:01:39,199 --> 00:01:43,537 and so with that, uh, can we move to the next 34 00:01:43,537 --> 00:01:44,304 page, tom? 35 00:01:44,304 --> 00:01:46,673 so what brought us here tonight? 36 00:01:46,673 --> 00:01:50,210 it's been a rather long journey along odyssey and 37 00:01:50,210 --> 00:01:54,147 it all started as you may recall, on august 4th, 38 00:01:54,147 --> 00:01:56,883 2020, uh, that was tropical storm east 39 00:01:56,883 --> 00:01:59,653 [inaudible] and it was a big storm. 40 00:01:59,653 --> 00:02:03,590 uh, it was very damaging to the electric grid on 41 00:02:03,590 --> 00:02:07,127 long island measured by the damage to the grid. 42 00:02:07,127 --> 00:02:11,832 it was one of our top five storms to hit the long 43 00:02:11,832 --> 00:02:13,000 island electric grid. 44 00:02:13,000 --> 00:02:15,369 it caused about 645,000 customer outages. 45 00:02:15,369 --> 00:02:18,905 uh, and it took about eight days to restore. 46 00:02:18,905 --> 00:02:21,641 we're not here though because, uh, 645,000 47 00:02:21,641 --> 00:02:24,411 outages, uh, we're here because the restoration 48 00:02:24,411 --> 00:02:25,979 did not go well. 49 00:02:25,979 --> 00:02:30,317 if it had, we understand and know that we live on 50 00:02:30,317 --> 00:02:33,854 an island and occasionally we're going to be affected 51 00:02:33,854 --> 00:02:35,220 by big storms. 52 00:02:35,220 --> 00:02:38,558 it doesn't make it, uh, something that we strive 53 00:02:38,558 --> 00:02:38,959 for. 54 00:02:38,959 --> 00:02:42,950 in fact, we strive to minimize that dislocation, 55 00:02:42,950 --> 00:02:45,232 but occasionally there will be big storms and 56 00:02:45,232 --> 00:02:49,169 there will be damaged the electric grid and it will 57 00:02:49,169 --> 00:02:53,106 take time to restore, but you have a right to 58 00:02:53,106 --> 00:02:55,842 expect, uh, good information and quick and 59 00:02:55,842 --> 00:02:57,440 efficient restoration. 60 00:02:57,440 --> 00:03:01,348 and to be able to get in touch with your local 61 00:03:01,348 --> 00:03:03,717 electric utility, these are all reasonable 62 00:03:03,717 --> 00:03:07,254 expectations and you have a right to expect that. 63 00:03:07,254 --> 00:03:10,230 and the storm didn't meet that criteria. 64 00:03:10,230 --> 00:03:13,560 in fact, all of our major it systems failed. 65 00:03:13,560 --> 00:03:16,697 and these were systems that you, our customers 66 00:03:16,697 --> 00:03:20,634 had invested a lot of money in on august 4th. 67 00:03:20,634 --> 00:03:24,938 it was not clear what was going wrong, but it was 68 00:03:24,938 --> 00:03:27,307 clear that something was going wrong. 69 00:03:27,307 --> 00:03:31,645 and on august 5th lipa at the request of its board 70 00:03:31,645 --> 00:03:34,781 began an investigation to get to the bottom. 71 00:03:34,781 --> 00:03:37,117 even while the storm was ongoing. 72 00:03:37,117 --> 00:03:40,287 you get to the bottom of what happened. 73 00:03:40,287 --> 00:03:43,423 uh, the department of public service, which is 74 00:03:43,423 --> 00:03:46,960 the staff arm of the state public service commission, 75 00:03:46,960 --> 00:03:49,329 the regulatory commission also opened an 76 00:03:49,329 --> 00:03:49,696 investigation. 77 00:03:49,696 --> 00:03:53,633 those opened on august 5th and lipid at the request 78 00:03:53,633 --> 00:03:57,571 of its board issued a 30 day report with our 79 00:03:57,571 --> 00:03:59,940 initial findings in september, that initial 80 00:03:59,940 --> 00:04:03,477 report focused on the failure of the it systems, 81 00:04:03,477 --> 00:04:06,213 their proximate causes and immediate fixes that 82 00:04:06,213 --> 00:04:09,749 needed to be done to stabilize the systems, go 83 00:04:09,749 --> 00:04:11,718 to the next page. 84 00:04:11,718 --> 00:04:15,255 then the board also requested a 90 day report. 85 00:04:15,255 --> 00:04:19,993 by the time of that 90 day report, we had looked not 86 00:04:19,993 --> 00:04:23,130 just at the proximate causes, but the underlying 87 00:04:23,130 --> 00:04:26,666 root causes of what failed and concluded that they 88 00:04:26,666 --> 00:04:27,834 were management issues. 89 00:04:27,834 --> 00:04:30,604 and then deciding that they were management 90 00:04:30,604 --> 00:04:31,400 issues. 91 00:04:31,400 --> 00:04:34,908 and that lipid pays a lot of money for management 92 00:04:34,908 --> 00:04:38,445 services, the board of trustees, as well as the 93 00:04:38,445 --> 00:04:41,214 department of public service, uh, voted and 94 00:04:41,214 --> 00:04:44,351 asked the lipid staff to either terminate our 95 00:04:44,351 --> 00:04:46,720 relationship with pseg or renegotiated unacceptable 96 00:04:46,720 --> 00:04:47,120 terms. 97 00:04:47,120 --> 00:04:50,257 the board also adopted 85 recommendations that were 98 00:04:50,257 --> 00:04:53,794 made public and that pseg filed plans to implement. 99 00:04:53,794 --> 00:04:58,980 and we have in a quarterly basis, uh, shown you the 100 00:04:58,980 --> 00:05:00,867 progress against those plans, that decision to 101 00:05:00,867 --> 00:05:03,603 either terminate or, uh, renegotiate the contract 102 00:05:03,603 --> 00:05:05,572 led to an initial view. 103 00:05:05,572 --> 00:05:09,109 once again, at the lipid board's request to hear 104 00:05:09,109 --> 00:05:12,279 and present publicly what our alternatives were. 105 00:05:12,279 --> 00:05:15,816 we delivered that report in december, which was a 106 00:05:15,816 --> 00:05:19,352 complete report, but a quick one, uh, the board 107 00:05:19,352 --> 00:05:23,256 asked us pursuant to that report and its findings to 108 00:05:23,256 --> 00:05:26,260 proceed with discussions with pseg and simultaneous 109 00:05:26,260 --> 00:05:27,994 simultaneously also evaluate our other 110 00:05:27,994 --> 00:05:28,395 alternatives. 111 00:05:28,395 --> 00:05:30,330 those alternatives included privatization of 112 00:05:30,330 --> 00:05:31,131 the utility. 113 00:05:31,131 --> 00:05:33,900 we're a public utility publicly owned or 114 00:05:33,900 --> 00:05:37,370 renegotiated contract with pseg or a contract with 115 00:05:37,370 --> 00:05:39,372 somebody else as our management service 116 00:05:39,372 --> 00:05:40,974 provider or life management. 117 00:05:40,974 --> 00:05:44,878 we issued a report on april 28th in that april 118 00:05:44,878 --> 00:05:45,679 28th report. 119 00:05:45,679 --> 00:05:48,815 we detailed and made public, uh, our findings 120 00:05:48,815 --> 00:05:51,952 on those options, as well as the requirements. 121 00:05:51,952 --> 00:05:55,488 if we were to reach and renegotiated deal with 122 00:05:55,488 --> 00:05:59,826 pseg, what it would need to look like, go to the 123 00:05:59,826 --> 00:06:04,164 next page, uh, at points, it did not appear like we 124 00:06:04,164 --> 00:06:06,900 would be able to seek adequate terms. 125 00:06:06,900 --> 00:06:10,437 the board directed us to issue and fully explore 126 00:06:10,437 --> 00:06:11,238 alternative providers. 127 00:06:11,238 --> 00:06:14,774 and in may, we issued a request for information 128 00:06:14,774 --> 00:06:16,743 and began that process. 129 00:06:16,743 --> 00:06:20,280 we also sought from you members of the public, 130 00:06:20,280 --> 00:06:22,249 your feedback on those alternatives. 131 00:06:22,249 --> 00:06:26,553 in that report in june, by late june, we had reached 132 00:06:26,553 --> 00:06:29,322 a tentative settlement agreement with pseg long 133 00:06:29,322 --> 00:06:32,859 island that met the eight reform objectives that the 134 00:06:32,859 --> 00:06:35,996 board had set out in that tentative agreement. 135 00:06:35,996 --> 00:06:39,532 we presented those terms publicly to the board, and 136 00:06:39,532 --> 00:06:43,470 that was a settlement, but it was a term sheet. 137 00:06:43,470 --> 00:06:45,839 it wasn't the final contract language. 138 00:06:45,839 --> 00:06:50,143 if you go to the next page, I think the most 139 00:06:50,143 --> 00:06:52,912 important thing was that it ensured stronger 140 00:06:52,912 --> 00:06:54,481 management structure, accountability, and 141 00:06:54,481 --> 00:06:57,217 oversight, and it also shortened the contract 142 00:06:57,217 --> 00:06:57,617 term. 143 00:06:57,617 --> 00:07:01,154 we, uh, at that point proceeded at the board's 144 00:07:01,154 --> 00:07:03,123 direction to negotiate with pseg. 145 00:07:03,123 --> 00:07:07,827 if you go to the next page and it took until november 146 00:07:07,827 --> 00:07:10,997 9th to reach an actual settlement agreement, a 147 00:07:10,997 --> 00:07:12,932 proposed settlement agreement, the final 148 00:07:12,932 --> 00:07:16,870 terms, and we made that more than a hundred page 149 00:07:16,870 --> 00:07:19,239 agreement available on our website. 150 00:07:19,239 --> 00:07:22,375 in addition to making that a hundred page 151 00:07:22,375 --> 00:07:25,512 agreement available on our website, we also posted 152 00:07:25,512 --> 00:07:28,682 2022 performance metrics that would be under this 153 00:07:28,682 --> 00:07:29,490 agreement. 154 00:07:29,490 --> 00:07:32,585 and I'll talk more about those in a minute. 155 00:07:32,585 --> 00:07:36,523 you see to the right, those eight items that we 156 00:07:36,523 --> 00:07:38,491 detailed in that options analysis. 157 00:07:38,491 --> 00:07:42,280 and I'll spend a minute talking about each of 158 00:07:42,280 --> 00:07:45,165 those eight elements, the things that were requisite 159 00:07:45,165 --> 00:07:48,735 for us to continue a relationship with pseg the 160 00:07:48,735 --> 00:07:51,871 board instructed us to not come back without 161 00:07:51,871 --> 00:07:55,809 addressing at least these eight things you go to the 162 00:07:55,809 --> 00:07:58,945 next page, I'll briefly cover these and these 163 00:07:58,945 --> 00:08:01,681 materials are also available online on our 164 00:08:01,681 --> 00:08:04,851 website, but objective one, a greater share of 165 00:08:04,851 --> 00:08:07,987 pseg is management compensation had to be at 166 00:08:07,987 --> 00:08:08,388 risk. 167 00:08:08,388 --> 00:08:11,124 we pay approximately $80 million a year. 168 00:08:11,124 --> 00:08:14,260 and under our old contract, only 10 million 169 00:08:14,260 --> 00:08:17,300 of that was at risk compensation for 170 00:08:17,300 --> 00:08:19,766 performance under the new contract proposed new 171 00:08:19,766 --> 00:08:23,303 contract, 40 million or 51% of the contract fees 172 00:08:23,303 --> 00:08:25,271 would be at risk. 173 00:08:25,271 --> 00:08:29,209 number two, the board said that there have to be 174 00:08:29,209 --> 00:08:32,746 a new way of gauging performance under the old 175 00:08:32,746 --> 00:08:33,146 contract. 176 00:08:33,146 --> 00:08:36,282 the performance measures that that $10 million were 177 00:08:36,282 --> 00:08:39,819 determined by were set in 2013 and it required 178 00:08:39,819 --> 00:08:41,388 mutual agreement to update. 179 00:08:41,388 --> 00:08:44,524 I think the contract was well-intended however, as 180 00:08:44,524 --> 00:08:47,293 time marched on those measures became somewhat 181 00:08:47,293 --> 00:08:50,430 stale and reaching mutual agreement to update to 182 00:08:50,430 --> 00:08:52,799 stronger, more strict performance measures that 183 00:08:52,799 --> 00:08:56,336 also accounted for all the variety of services pseg 184 00:08:56,336 --> 00:08:59,720 provides to weipa and its customers became 185 00:08:59,720 --> 00:09:01,410 challenging under the new agreement. 186 00:09:01,410 --> 00:09:04,978 the board said, no, there has to be an independent 187 00:09:04,978 --> 00:09:08,515 process to set standards pursuant to the, uh, the, 188 00:09:08,515 --> 00:09:12,452 uh, desires of the board for the service to the 189 00:09:12,452 --> 00:09:12,852 customers. 190 00:09:12,852 --> 00:09:15,588 and that, that this contract does that. 191 00:09:15,588 --> 00:09:18,725 it also expands the number of metrics from 192 00:09:18,725 --> 00:09:22,262 approximately 25 to more than 110 covering all the 193 00:09:22,262 --> 00:09:23,463 scopes of services. 194 00:09:23,463 --> 00:09:27,000 so for example, under the prior contract, there were 195 00:09:27,000 --> 00:09:30,136 no performance measures related to the it systems 196 00:09:30,136 --> 00:09:32,906 that failed under the new contract. 197 00:09:32,906 --> 00:09:36,420 there are many go to the next page. 198 00:09:36,420 --> 00:09:39,979 it wasn't, uh, it was not just sufficient that we 199 00:09:39,979 --> 00:09:40,747 have incentives. 200 00:09:40,747 --> 00:09:44,284 we also have to have penalties for failure to 201 00:09:44,284 --> 00:09:46,252 achieve minimum levels of performance. 202 00:09:46,252 --> 00:09:50,590 and under the contract 10 to $20 million is at risk 203 00:09:50,590 --> 00:09:51,758 for exceeding budgets. 204 00:09:51,758 --> 00:09:56,950 five to 10 million is at risk for failures to, uh, 205 00:09:56,950 --> 00:09:59,232 to implement the emergency response plan that the 206 00:09:59,232 --> 00:10:01,968 lipid board and the department of public 207 00:10:01,968 --> 00:10:04,737 service approved each year, that pseg is 208 00:10:04,737 --> 00:10:07,874 supposed to execute in the event of outages. 209 00:10:07,874 --> 00:10:11,811 this is about a thousand page document, and you can 210 00:10:11,811 --> 00:10:13,780 see it on our website. 211 00:10:13,780 --> 00:10:16,516 uh, if reliability, the average minutes, uh, 212 00:10:16,516 --> 00:10:19,686 customers out of power fall below a minimum 213 00:10:19,686 --> 00:10:20,530 standard. 214 00:10:20,530 --> 00:10:23,223 there's a 10 million automatic penalty in the 215 00:10:23,223 --> 00:10:25,558 contract customer satisfaction, a 3 million 216 00:10:25,558 --> 00:10:25,959 penalty. 217 00:10:25,959 --> 00:10:28,695 and if there's two consecutive failures, we 218 00:10:28,695 --> 00:10:31,464 have the right to terminate the contract. 219 00:10:31,464 --> 00:10:34,601 I should mention failures to implement the emergency 220 00:10:34,601 --> 00:10:38,538 response plan for a 72 hour or more storm. 221 00:10:38,538 --> 00:10:42,750 also give us a right to terminate the contract 222 00:10:42,750 --> 00:10:44,844 violations of the emergency response plan or 223 00:10:44,844 --> 00:10:47,580 failure to provide safe and adequate service 224 00:10:47,580 --> 00:10:49,949 subject to an investigation, another 20 225 00:10:49,949 --> 00:10:50,316 million. 226 00:10:50,316 --> 00:10:54,654 so in total 10 million is at risk based on a 227 00:10:54,654 --> 00:10:58,191 calculation of failures to meet a minimum level on 228 00:10:58,191 --> 00:10:59,759 the emergency response plan. 229 00:10:59,759 --> 00:11:02,896 and we can terminate and additional 20 million. 230 00:11:02,896 --> 00:11:06,432 so 30 million in total, if an investigation finds 231 00:11:06,432 --> 00:11:09,602 other violations of the emergency response plan in 232 00:11:09,602 --> 00:11:13,139 the event of a major outage, a failure to 233 00:11:13,139 --> 00:11:14,707 implement minimum protocols for 234 00:11:14,707 --> 00:11:17,844 cybersecurity, also an event of failure or an 235 00:11:17,844 --> 00:11:21,381 event of default for which we can terminate the 236 00:11:21,381 --> 00:11:23,750 contract term has also been shortened. 237 00:11:23,750 --> 00:11:27,687 and, uh, the importance of this is that the old 238 00:11:27,687 --> 00:11:31,224 contract had a, uh, gave to pseg, essentially a 239 00:11:31,224 --> 00:11:34,761 right of renewal at their option for an additional 240 00:11:34,761 --> 00:11:35,528 eight years. 241 00:11:35,528 --> 00:11:39,650 so while the contract term extended to 2025, with 242 00:11:39,650 --> 00:11:42,602 that right of renewal, the contract could extend all 243 00:11:42,602 --> 00:11:44,571 the way to 2033. 244 00:11:44,571 --> 00:11:47,740 we eliminated that option, uh, of pseg to 245 00:11:47,740 --> 00:11:50,476 automatically extend the contract at their right. 246 00:11:50,476 --> 00:11:54,814 uh, if we agree to extend the contract, it will be 247 00:11:54,814 --> 00:11:58,351 based on the performance over the next four years. 248 00:11:58,351 --> 00:12:02,255 and that will be a future decision of the lipid 249 00:12:02,255 --> 00:12:05,240 board based on how the contract goes. 250 00:12:05,240 --> 00:12:08,561 number, uh, the next objective on the page, in 251 00:12:08,561 --> 00:12:11,698 the middle of the page management, it was 252 00:12:11,698 --> 00:12:13,266 ultimately a management failure. 253 00:12:13,266 --> 00:12:16,803 and you can read all about in those publicly 254 00:12:16,803 --> 00:12:19,973 available reports, but we insisted on a dedicated 255 00:12:19,973 --> 00:12:22,308 and strengthened management team with all 256 00:12:22,308 --> 00:12:25,478 the authority necessary to provide service to long 257 00:12:25,478 --> 00:12:29,150 island, to make sure that those individuals who run 258 00:12:29,150 --> 00:12:32,151 the utility every day are exclusively focused and 259 00:12:32,151 --> 00:12:35,288 dedicated and coming in every day, thinking about 260 00:12:35,288 --> 00:12:38,424 long island, it also requires the addition of 261 00:12:38,424 --> 00:12:41,594 five new senior level positions, all based on 262 00:12:41,594 --> 00:12:42,362 long island. 263 00:12:42,362 --> 00:12:45,898 uh, the contract requires a duty of candor. 264 00:12:45,898 --> 00:12:49,435 and if there's a violation of the duty of 265 00:12:49,435 --> 00:12:53,373 candor, uh, as described to you on the page that 266 00:12:53,373 --> 00:12:56,509 also provides a right to terminate the contract 267 00:12:56,509 --> 00:12:58,878 early, go to the next page. 268 00:12:58,878 --> 00:13:02,815 it requires that if lippa fines and the board adopts 269 00:13:02,815 --> 00:13:05,952 with the recommendation of the department of public 270 00:13:05,952 --> 00:13:09,489 services, well, if lipid finds that there is a 271 00:13:09,489 --> 00:13:13,260 deficiency and operations, there is a period of time 272 00:13:13,260 --> 00:13:16,162 with which to correct that deficiency under the 273 00:13:16,162 --> 00:13:18,931 contract and it's term limited objective seven, 274 00:13:18,931 --> 00:13:21,267 uh, long-term planning, budgeting development, and 275 00:13:21,267 --> 00:13:22,680 cost management. 276 00:13:22,680 --> 00:13:24,837 the contract requires the development of long-term 277 00:13:24,837 --> 00:13:28,374 plans to meet the scopes of services that are 278 00:13:28,374 --> 00:13:28,741 required. 279 00:13:28,741 --> 00:13:31,911 uh, objective eight, uh, the partitioning of the 280 00:13:31,911 --> 00:13:32,679 long island. 281 00:13:32,679 --> 00:13:35,815 it systems separate from new jersey, which provides 282 00:13:35,815 --> 00:13:37,160 greater clarity responsibility. 283 00:13:37,160 --> 00:13:39,752 this was another core ease-of-use finding, and 284 00:13:39,752 --> 00:13:43,289 you can read all about it in our report. 285 00:13:43,289 --> 00:13:47,226 if you go to the next page, those described the 286 00:13:47,226 --> 00:13:50,763 contract terms, but let's come back to what we're 287 00:13:50,763 --> 00:13:52,331 trying to achieve. 288 00:13:52,331 --> 00:13:55,868 we're not just trying to achieve a better contract. 289 00:13:55,868 --> 00:13:59,405 the real ultimate goal is to provide great service 290 00:13:59,405 --> 00:14:02,942 to our customers service that you should be proud 291 00:14:02,942 --> 00:14:05,311 of, clean, reliable, resilient service at 292 00:14:05,311 --> 00:14:06,112 affordable prices. 293 00:14:06,112 --> 00:14:08,448 the lipid board has adopted standards 294 00:14:08,448 --> 00:14:11,584 directives of what that service should look like. 295 00:14:11,584 --> 00:14:15,922 and you can read all about them on our website, but 296 00:14:15,922 --> 00:14:17,890 they include great customer satisfaction, 297 00:14:17,890 --> 00:14:21,270 high reliability benchmark to the top 10% of 298 00:14:21,270 --> 00:14:23,396 utilities industry leading emergency response, clean 299 00:14:23,396 --> 00:14:26,132 energy, 70% renewable energy by 2030 and 300 00:14:26,132 --> 00:14:29,669 entirely carbon-free grid by 2040 and rates that are 301 00:14:29,669 --> 00:14:31,270 comparable to our region. 302 00:14:31,270 --> 00:14:35,174 so you can read all about the board's standards in 303 00:14:35,174 --> 00:14:38,344 this contract, provides the mechanism to make sure 304 00:14:38,344 --> 00:14:41,881 that pseg management comes in every day, focused on 305 00:14:41,881 --> 00:14:43,490 achieving those objectives. 306 00:14:43,490 --> 00:14:46,986 if you go to the next page, I mentioned there's 307 00:14:46,986 --> 00:14:50,123 $20 million at risk for meeting these performance 308 00:14:50,123 --> 00:14:50,523 standards. 309 00:14:50,523 --> 00:14:53,659 and there's another 20 million at risk for 310 00:14:53,659 --> 00:14:56,796 failures to provide safe and adequate service. 311 00:14:56,796 --> 00:14:58,765 basically subject to an investigation. 312 00:14:58,765 --> 00:15:01,901 did talk a little bit about these performance 313 00:15:01,901 --> 00:15:05,471 standards, because they're a key part of the contract 314 00:15:05,471 --> 00:15:07,390 on the next page. 315 00:15:07,390 --> 00:15:11,344 what you can see is that they cover all the types 316 00:15:11,344 --> 00:15:14,480 of services that pseg management or pseg is 317 00:15:14,480 --> 00:15:17,650 managing to, to, uh, provide services to lipids 318 00:15:17,650 --> 00:15:18,818 and its customers. 319 00:15:18,818 --> 00:15:20,386 so reliability, resilience, risk 320 00:15:20,386 --> 00:15:21,954 management, customer satisfaction, external 321 00:15:21,954 --> 00:15:24,724 affairs, it operations major projects, and they 322 00:15:24,724 --> 00:15:27,590 cover all the scopes information technology, 323 00:15:27,590 --> 00:15:30,229 customer service t and d business services, power 324 00:15:30,229 --> 00:15:31,798 supply, and clean energy. 325 00:15:31,798 --> 00:15:35,334 you can read all the details on our website. 326 00:15:35,334 --> 00:15:39,639 if you click on that link or go to ally [inaudible] 327 00:15:39,639 --> 00:15:42,809 dot com forward slash reform contract, there's a 328 00:15:42,809 --> 00:15:45,144 more than a hundred page document. 329 00:15:45,144 --> 00:15:49,482 and on that a hundred pages you can see for each 330 00:15:49,482 --> 00:15:53,190 measure how it's defined and whether how pseg would 331 00:15:53,190 --> 00:15:54,987 get paid under that measure. 332 00:15:54,987 --> 00:15:58,925 if you go to the next page, I'll just highlight 333 00:15:58,925 --> 00:16:00,493 a few examples. 334 00:16:00,493 --> 00:16:03,629 so you understand the types of things I'm 335 00:16:03,629 --> 00:16:04,430 talking about. 336 00:16:04,430 --> 00:16:07,166 for example, there are three performance metrics 337 00:16:07,166 --> 00:16:09,535 metrics of the 96 performance measures. 338 00:16:09,535 --> 00:16:11,904 there are three around asset management. 339 00:16:11,904 --> 00:16:14,640 why should you care about asset management? 340 00:16:14,640 --> 00:16:18,177 well, the utility business is a very asset intensive 341 00:16:18,177 --> 00:16:21,314 business, all those poles and wires and substations, 342 00:16:21,314 --> 00:16:24,483 and they will have to be maintained reliably. 343 00:16:24,483 --> 00:16:27,620 and, uh, not just reliably, we have to 344 00:16:27,620 --> 00:16:29,188 collect the right data. 345 00:16:29,188 --> 00:16:31,157 we have to maintain them. 346 00:16:31,157 --> 00:16:35,461 uh, and, uh, on the right schedule, we have to use 347 00:16:35,461 --> 00:16:37,830 the data that's available to us. 348 00:16:37,830 --> 00:16:40,600 doing all these things increases reliability and 349 00:16:40,600 --> 00:16:41,367 reduces costs. 350 00:16:41,367 --> 00:16:43,736 implementing a world-class asset management program 351 00:16:43,736 --> 00:16:47,673 is what this goes, uh, is about and the standards 352 00:16:47,673 --> 00:16:49,242 and progress towards that. 353 00:16:49,242 --> 00:16:52,378 you can read all about, uh, customer information 354 00:16:52,378 --> 00:16:52,778 system. 355 00:16:52,778 --> 00:16:54,347 why should you care? 356 00:16:54,347 --> 00:16:57,483 well, that's the backbone customer system that when 357 00:16:57,483 --> 00:17:01,420 you call and interact with our call center, or you 358 00:17:01,420 --> 00:17:04,957 get a bill, that's the backbone system by which 359 00:17:04,957 --> 00:17:06,926 we deliver all services. 360 00:17:06,926 --> 00:17:10,620 and if you don't have a modern customer 361 00:17:10,620 --> 00:17:13,599 information system, it's going to be very hard to 362 00:17:13,599 --> 00:17:17,136 keep up with providing the types of services that 363 00:17:17,136 --> 00:17:21,874 people come to expect in an age when you can do one 364 00:17:21,874 --> 00:17:26,178 or two clicks or use an app and find out more 365 00:17:26,178 --> 00:17:29,315 about your service, your billing, and meet your 366 00:17:29,315 --> 00:17:31,284 needs, your own way, reliability. 367 00:17:31,284 --> 00:17:34,820 there are many standards in the 2022 metrics that 368 00:17:34,820 --> 00:17:37,990 you can read about just to highlight it. 369 00:17:37,990 --> 00:17:41,894 uh, pseg has to fall within the top 10% of 370 00:17:41,894 --> 00:17:44,664 utilities for, uh, reliability on blue sky 371 00:17:44,664 --> 00:17:45,640 days. 372 00:17:45,640 --> 00:17:48,601 they have to reduce the number of customers that 373 00:17:48,601 --> 00:17:52,138 have four or more outages a year by 22%. 374 00:17:52,138 --> 00:17:55,675 next year, they have to reduce the numbers that 375 00:17:55,675 --> 00:17:59,211 have flicker outages by, uh, more than 13% and 376 00:17:59,211 --> 00:18:02,748 reduce customers with six or more flickr outages by 377 00:18:02,748 --> 00:18:03,149 20%. 378 00:18:03,149 --> 00:18:05,484 these are all good reliability measures, 379 00:18:05,484 --> 00:18:06,285 resiliency. 380 00:18:06,285 --> 00:18:09,210 we have very aggressive storm resiliency programs. 381 00:18:09,210 --> 00:18:11,791 we all know storms are getting worse. 382 00:18:11,791 --> 00:18:15,328 we have not just things that we'll be executing 383 00:18:15,328 --> 00:18:19,265 next year, but also pilots that will lead to new 384 00:18:19,265 --> 00:18:21,600 plans and programs in future years. 385 00:18:21,600 --> 00:18:25,538 and you can read all about those types of initiatives 386 00:18:25,538 --> 00:18:29,750 that we'll be delivering on in the coming year. 387 00:18:29,750 --> 00:18:31,444 and in future years, customer satisfaction, 388 00:18:31,444 --> 00:18:34,180 pseg has to implement seven particular projects 389 00:18:34,180 --> 00:18:35,748 to improve customer satisfaction. 390 00:18:35,748 --> 00:18:39,685 next year, they have to respond to your calls and 391 00:18:39,685 --> 00:18:41,654 emails in a timely manner. 392 00:18:41,654 --> 00:18:45,191 they have to respond to social media and tweets, 393 00:18:45,191 --> 00:18:48,728 especially ones related to health and safety in a 394 00:18:48,728 --> 00:18:49,528 timely manner. 395 00:18:49,528 --> 00:18:52,264 they have to expand our low-income discount 396 00:18:52,264 --> 00:18:56,202 programs for our customers that are less well off by 397 00:18:56,202 --> 00:18:58,971 34% compared to the historic level of 398 00:18:58,971 --> 00:18:59,338 participants. 399 00:18:59,338 --> 00:19:02,875 in those programs, you go to the next page. 400 00:19:02,875 --> 00:19:05,644 more of these measures include an integrated 401 00:19:05,644 --> 00:19:09,181 resource plan, which is something that we've run a 402 00:19:09,181 --> 00:19:10,750 public process around. 403 00:19:10,750 --> 00:19:15,870 this is planning for how we're going to meet a zero 404 00:19:15,870 --> 00:19:18,991 carbon electric grid over the next 20 years, uh, to 405 00:19:18,991 --> 00:19:22,528 deploying more energy storage on the grid in a 406 00:19:22,528 --> 00:19:25,297 word, those contracts complete the analysis to 407 00:19:25,297 --> 00:19:29,235 award those contracts by the end of next year, meet 408 00:19:29,235 --> 00:19:31,203 very aggressive energy efficiency and 409 00:19:31,203 --> 00:19:33,539 electrification goals for transportation and for 410 00:19:33,539 --> 00:19:34,340 home heating. 411 00:19:34,340 --> 00:19:37,877 these will reduce carbon in other sectors of the 412 00:19:37,877 --> 00:19:41,414 economy, not just the electric grid, but in the 413 00:19:41,414 --> 00:19:44,550 biggest sources of carbon emissions for long island. 414 00:19:44,550 --> 00:19:48,487 and you can read all about those plans on our 415 00:19:48,487 --> 00:19:52,240 website, doing things to make long island more evie 416 00:19:52,240 --> 00:19:54,393 ready, uh, simplifying the interconnection process 417 00:19:54,393 --> 00:19:58,330 for customers who want to put solar on their roof, 418 00:19:58,330 --> 00:20:00,666 uh, expanding time of use rates. 419 00:20:00,666 --> 00:20:04,603 what does that, that's an option for you to pick 420 00:20:04,603 --> 00:20:07,373 different rates that perhaps better meet your 421 00:20:07,373 --> 00:20:10,910 needs or save you money, a work management. 422 00:20:10,910 --> 00:20:13,646 we all want efficiency tracking work better. 423 00:20:13,646 --> 00:20:17,183 uh, making sure we have the right staffing levels, 424 00:20:17,183 --> 00:20:19,552 uh, reducing over time, completing capital 425 00:20:19,552 --> 00:20:20,720 projects on time. 426 00:20:20,720 --> 00:20:23,489 these are all just examples of measures, 427 00:20:23,489 --> 00:20:27,260 including the it measures where one is about, uh, 428 00:20:27,260 --> 00:20:29,361 measuring and benchmarking, uh, to a 429 00:20:29,361 --> 00:20:32,898 life, a hired a benchmark expert consultant to come 430 00:20:32,898 --> 00:20:37,236 in and look at how well we implement our major it 431 00:20:37,236 --> 00:20:39,972 systems and make sure we're following best 432 00:20:39,972 --> 00:20:41,574 practices in those areas. 433 00:20:41,574 --> 00:20:43,509 go to the next page. 434 00:20:43,509 --> 00:20:47,847 so the importance of all this is that this is not 435 00:20:47,847 --> 00:20:51,784 a, a second chance for pseg that's based in hope. 436 00:20:51,784 --> 00:20:54,920 this is a second chance based on binding 437 00:20:54,920 --> 00:20:57,289 contractual commitments with incentives, with a 438 00:20:57,289 --> 00:21:00,250 stronger local management structure that we believe 439 00:21:00,250 --> 00:21:02,795 fundamentally address the core issues out of 440 00:21:02,795 --> 00:21:03,963 tropical storm east. 441 00:21:03,963 --> 00:21:07,900 yes, we're putting this in front of, uh, our, uh, 442 00:21:07,900 --> 00:21:11,360 citizens you're on long island, our customers, our 443 00:21:11,360 --> 00:21:13,405 stakeholders, and ultimately our board. 444 00:21:13,405 --> 00:21:17,343 and what we're here to do is listen to you. 445 00:21:17,343 --> 00:21:21,247 and what you think about this, uh, our timeline for 446 00:21:21,247 --> 00:21:24,416 public review includes, uh, a, uh, having released 447 00:21:24,416 --> 00:21:27,553 the contract on our website, which you can 448 00:21:27,553 --> 00:21:31,900 download it if you have not already, uh, starting 449 00:21:31,900 --> 00:21:33,826 on november 9th, our november 17th meeting, 450 00:21:33,826 --> 00:21:37,363 where we hold heard from some members of the 451 00:21:37,363 --> 00:21:37,763 public. 452 00:21:37,763 --> 00:21:41,300 and we also discussed in detail, the contract and 453 00:21:41,300 --> 00:21:43,669 the performance standards, these public comment 454 00:21:43,669 --> 00:21:47,206 hearings, as well as the ability to submit written 455 00:21:47,206 --> 00:21:50,342 comments to help tonight, I will be accepting 456 00:21:50,342 --> 00:21:53,479 written comments through december 9th, and then we 457 00:21:53,479 --> 00:21:57,416 will be presenting the, uh, the, uh, views of our 458 00:21:57,416 --> 00:22:00,186 stakeholders to the board on december 15th. 459 00:22:00,186 --> 00:22:04,123 and they may consider the pseg contract on that date 460 00:22:04,123 --> 00:22:06,859 as well, along with metrics and budgets 461 00:22:06,859 --> 00:22:10,396 further that you can find right on our website. 462 00:22:10,396 --> 00:22:15,501 so if you go to the next page, there is a lot of 463 00:22:15,501 --> 00:22:17,469 information on the website. 464 00:22:17,469 --> 00:22:21,600 we've put out a couple of fact sheets that 465 00:22:21,600 --> 00:22:22,208 summarize this information. 466 00:22:22,208 --> 00:22:26,111 there's links here on this page, where you can find 467 00:22:26,111 --> 00:22:29,648 it on the website, but you can find everything. 468 00:22:29,648 --> 00:22:32,418 you can find all those investigative reports. 469 00:22:32,418 --> 00:22:34,787 you can find our quarterly reports. 470 00:22:34,787 --> 00:22:37,923 we issued over six written reports, each one, 471 00:22:37,923 --> 00:22:41,860 generally in the 50 to a hundred page range over 472 00:22:41,860 --> 00:22:45,397 the last 15 months, you can find previous public 473 00:22:45,397 --> 00:22:47,366 comments that we have received. 474 00:22:47,366 --> 00:22:51,270 you can find videos from the last, uh, year, uh, 475 00:22:51,270 --> 00:22:52,838 you can find summaries. 476 00:22:52,838 --> 00:22:55,608 so there's a lot of information there. 477 00:22:55,608 --> 00:22:58,344 and if anyone has suggestions or more 478 00:22:58,344 --> 00:23:00,713 information, we're happy to have it. 479 00:23:00,713 --> 00:23:05,500 and with that, if you go to the next page, we're 480 00:23:05,500 --> 00:23:09,755 going to turn it back over to you for what we intend 481 00:23:09,755 --> 00:23:12,892 to do tonight, which is hear from you. 482 00:23:12,892 --> 00:23:17,229 but I, as I started out with, uh, we're here to 483 00:23:17,229 --> 00:23:20,366 listen and we're excited that you're excited and 484 00:23:20,366 --> 00:23:23,903 have participated many, uh, of the people on this 485 00:23:23,903 --> 00:23:27,390 call participated with passion over the last 15 486 00:23:27,390 --> 00:23:30,576 months and care about your community and care about 487 00:23:30,576 --> 00:23:31,777 your electric service. 488 00:23:31,777 --> 00:23:33,746 and so we celebrate that. 489 00:23:33,746 --> 00:23:36,882 we thank you for your active involvement and 490 00:23:36,882 --> 00:23:39,618 participation, and thank you very much. 491 00:23:39,618 --> 00:23:40,190 great. 492 00:23:40,190 --> 00:23:41,220 thank you, tom. 493 00:23:41,220 --> 00:23:44,757 so this will begin the public comment portion of 494 00:23:44,757 --> 00:23:45,924 our meeting tonight. 495 00:23:45,924 --> 00:23:50,262 uh, at this point I would ask anybody that's in the 496 00:23:50,262 --> 00:23:53,799 attendee log to please raise your hand if you 497 00:23:53,799 --> 00:23:55,367 would like to speak. 498 00:23:55,367 --> 00:23:59,672 um, what I will do is I'll call off three names. 499 00:23:59,672 --> 00:24:03,208 um, and then we'll keep adding to that list. 500 00:24:03,208 --> 00:24:06,745 we do have several members of the community here 501 00:24:06,745 --> 00:24:11,830 tonight that would like to speak on this, and we want 502 00:24:11,830 --> 00:24:14,620 to make sure we give you ample opportunity, um, 503 00:24:14,620 --> 00:24:16,588 prior to calling on you. 504 00:24:16,588 --> 00:24:20,526 um, so our first three speakers, uh, based on an 505 00:24:20,526 --> 00:24:23,262 order that hands were raised, uh, legislative, 506 00:24:23,262 --> 00:24:26,310 bridget fleming, casey scheid, and fred harrison. 507 00:24:26,310 --> 00:24:29,568 so at this time I'm going to bring legislator 508 00:24:29,568 --> 00:24:32,304 fleming, um, into the panelists from hi 509 00:24:32,304 --> 00:24:32,705 legislator. 510 00:24:32,705 --> 00:24:35,740 good to see you again. 511 00:24:35,740 --> 00:24:37,810 good evening, mr. Locascio good to see 512 00:24:37,810 --> 00:24:38,978 you as well. 513 00:24:38,978 --> 00:24:42,147 I appreciate the opportunity to be heard on 514 00:24:42,147 --> 00:24:45,284 this important topic and that you'll be hearing 515 00:24:45,284 --> 00:24:48,200 from members of the public as well. 516 00:24:48,200 --> 00:24:48,821 suffolk county. 517 00:24:48,821 --> 00:24:51,190 I am suffolk county legislator, bridget 518 00:24:51,190 --> 00:24:51,557 fleming. 519 00:24:51,557 --> 00:24:55,940 I serve as the vice chair of the public 520 00:24:55,940 --> 00:24:55,494 transportation. 521 00:24:55,494 --> 00:24:57,863 the public works transportation and energy 522 00:24:57,863 --> 00:24:58,263 committee. 523 00:24:58,263 --> 00:25:01,800 I am the chair of the, uh, community choice, 524 00:25:01,800 --> 00:25:04,937 aggregation task force and the renewable energy task 525 00:25:04,937 --> 00:25:08,874 force at the legislature and the chair of the ways 526 00:25:08,874 --> 00:25:12,100 and means committee suffolk county is a major 527 00:25:12,100 --> 00:25:13,579 customer of the utility. 528 00:25:13,579 --> 00:25:17,916 our electric bill has run as high as $20 million in 529 00:25:17,916 --> 00:25:21,453 recent years on june 8th, noting with alarm that 530 00:25:21,453 --> 00:25:24,590 prolonged power outages and a breakdown of the 531 00:25:24,590 --> 00:25:28,127 system use to communicate with the public after a 532 00:25:28,127 --> 00:25:30,496 tropical depression, ies caused widespread hardship 533 00:25:30,496 --> 00:25:34,320 and tried the patients of long island electric, uh, 534 00:25:34,320 --> 00:25:36,368 customers, the suffolk county legislature, uh, 535 00:25:36,368 --> 00:25:39,538 wrote, uh, to life, a board of trustees 536 00:25:39,538 --> 00:25:41,874 unanimously urging that full consideration. 537 00:25:41,874 --> 00:25:45,411 be given to the analysis of alternative options to 538 00:25:45,411 --> 00:25:48,180 the current third party management system, rather 539 00:25:48,180 --> 00:25:50,916 than seizing the opportunity to make real 540 00:25:50,916 --> 00:25:53,285 change to the failed third-party management 541 00:25:53,285 --> 00:25:56,422 system that has given us high costs, reliability, 542 00:25:56,422 --> 00:25:59,191 and customer care failures and outdated technologies 543 00:25:59,191 --> 00:26:01,527 as the world faces increasingly alarming 544 00:26:01,527 --> 00:26:02,327 climate impacts. 545 00:26:02,327 --> 00:26:05,864 we now see that we are returning to a 546 00:26:05,864 --> 00:26:07,833 relationship with a failed partner. 547 00:26:07,833 --> 00:26:11,370 from my perspective, this is a mistake on november 548 00:26:11,370 --> 00:26:11,770 10th. 549 00:26:11,770 --> 00:26:14,506 in fact, senators gordon, senator gordon, and 550 00:26:14,506 --> 00:26:18,430 assemblyman feel urge the board to delay voting on 551 00:26:18,430 --> 00:26:21,213 the contract and to suspend the process until 552 00:26:21,213 --> 00:26:24,349 the current investigation by the attorney general is 553 00:26:24,349 --> 00:26:26,685 complete in her investigation as to 554 00:26:26,685 --> 00:26:29,455 whether the failed response to eis actually 555 00:26:29,455 --> 00:26:32,191 violated state law 535,000 customers were left 556 00:26:32,191 --> 00:26:34,560 without power and without any effective 557 00:26:34,560 --> 00:26:37,696 communication about when the lights would go back 558 00:26:37,696 --> 00:26:42,340 on some for as long as 10 days, the public needs 559 00:26:42,340 --> 00:26:45,170 additional time to review this contract work is 560 00:26:45,170 --> 00:26:48,307 underway, uh, by legislators to take a hard 561 00:26:48,307 --> 00:26:51,844 look at the alternative option of a fully public 562 00:26:51,844 --> 00:26:55,414 utility with some of the highest rates in the 563 00:26:55,414 --> 00:26:56,181 nation. 564 00:26:56,181 --> 00:26:59,718 and with another rate hike proposed in the 2022 565 00:26:59,718 --> 00:27:03,255 budget and more than 90% reliance on fossil fuel 566 00:27:03,255 --> 00:27:03,655 resources. 567 00:27:03,655 --> 00:27:06,792 it's high time that we pause before obligating 568 00:27:06,792 --> 00:27:10,329 rate payers to another four years with a partner 569 00:27:10,329 --> 00:27:14,666 who has failed in so many ways has not been fully 570 00:27:14,666 --> 00:27:17,402 forthcoming throughout this process and is still 571 00:27:17,402 --> 00:27:19,771 missing milestones with revamping the outage 572 00:27:19,771 --> 00:27:20,572 management system. 573 00:27:20,572 --> 00:27:24,476 um, I know, um, tom, that you mentioned that, um, 574 00:27:24,476 --> 00:27:27,646 that this all began on august the fourth. 575 00:27:27,646 --> 00:27:31,183 uh, I want to disagree with you on that. 576 00:27:31,183 --> 00:27:34,720 I think the failures, uh, at following the storm 577 00:27:34,720 --> 00:27:39,240 ease ias in fact, gave us the opportunity to take a 578 00:27:39,240 --> 00:27:42,160 hard look at a failed third party management 579 00:27:42,160 --> 00:27:42,561 system. 580 00:27:42,561 --> 00:27:45,330 unfortunately, the options analysis, which was a 581 00:27:45,330 --> 00:27:48,467 great effort that was underway in august was 582 00:27:48,467 --> 00:27:49,268 suddenly hijacked. 583 00:27:49,268 --> 00:27:52,804 and without notice to many of the stakeholders who 584 00:27:52,804 --> 00:27:56,341 had been involved, we were informed in the newspaper 585 00:27:56,341 --> 00:27:59,770 that a contract was being pursued. 586 00:27:59,770 --> 00:28:02,214 once again, with a failed partner tweaking this 587 00:28:02,214 --> 00:28:04,583 failed third-party management system will not 588 00:28:04,583 --> 00:28:05,751 serve rate payers. 589 00:28:05,751 --> 00:28:08,120 I appreciate that increasing penalties for 590 00:28:08,120 --> 00:28:10,889 failure to perform a shorter term and 591 00:28:10,889 --> 00:28:13,625 flexibility to terminate the contract for failure 592 00:28:13,625 --> 00:28:18,330 to comply with a long list of new items is moving in 593 00:28:18,330 --> 00:28:19,531 the right direction. 594 00:28:19,531 --> 00:28:23,468 but I urge you as have others to recognize that 595 00:28:23,468 --> 00:28:25,804 considerations are underway both in albany, 596 00:28:25,804 --> 00:28:28,941 under the attorney general and the state legislature 597 00:28:28,941 --> 00:28:33,278 to look, take a hard look at what you, once we're 598 00:28:33,278 --> 00:28:34,790 looking at. 599 00:28:34,790 --> 00:28:37,215 and that is a real rigorous, uh, options 600 00:28:37,215 --> 00:28:40,352 analysis and consideration of a fully public utility. 601 00:28:40,352 --> 00:28:43,121 the urgency for fresh thinking that was 602 00:28:43,121 --> 00:28:47,250 presented to us on, uh, on august the fourth, that 603 00:28:47,250 --> 00:28:49,795 the hardships that our rate payers payers 604 00:28:49,795 --> 00:28:52,931 suffered in august needs to be capitalized on 605 00:28:52,931 --> 00:28:56,468 before we move forward with a contract with a 606 00:28:56,468 --> 00:29:00,405 failed partner, I urge you to return to the public 607 00:29:00,405 --> 00:29:02,774 options analysis delay entering into this 608 00:29:02,774 --> 00:29:05,911 contract with someone, with a partner who has 609 00:29:05,911 --> 00:29:09,448 failed to be forthcoming and has failed to meet 610 00:29:09,448 --> 00:29:12,184 metrics time and time again, that basic 611 00:29:12,184 --> 00:29:14,553 third-party management system is not serving 612 00:29:14,553 --> 00:29:14,953 library. 613 00:29:14,953 --> 00:29:15,721 quit payers. 614 00:29:15,721 --> 00:29:18,900 please take the opportunity presented by 615 00:29:18,900 --> 00:29:22,270 the hardships suffered by our rate payers to take a 616 00:29:22,270 --> 00:29:26,365 fresh look and not go back to the same old ways. 617 00:29:26,365 --> 00:29:29,901 thank you very much for the opportunity to be 618 00:29:29,901 --> 00:29:30,269 heard. 619 00:29:30,269 --> 00:29:31,837 it's a tough issue. 620 00:29:31,837 --> 00:29:34,206 I wish you all the best. 621 00:29:34,206 --> 00:29:39,311 I know we're all in it to serve the rate payers in a 622 00:29:39,311 --> 00:29:42,481 reliable and cost effective way, and I offer 623 00:29:42,481 --> 00:29:44,816 my support for that those efforts. 624 00:29:44,816 --> 00:29:48,754 thank you very much and have a great evening. 625 00:29:48,754 --> 00:29:50,322 thank you, legislator fleming. 626 00:29:50,322 --> 00:29:54,259 and, uh, one other thing that I didn't mention, but 627 00:29:54,259 --> 00:29:58,597 I do think it's important is that among all of our 628 00:29:58,597 --> 00:30:01,333 termination rights is the right determinate for 629 00:30:01,333 --> 00:30:04,870 municipalization who would have to pay a penalty to 630 00:30:04,870 --> 00:30:09,207 do so about a $60 million, which was, uh, built into 631 00:30:09,207 --> 00:30:12,744 the options analysis, but that is not different than 632 00:30:12,744 --> 00:30:14,312 what we have currently. 633 00:30:14,312 --> 00:30:19,170 so I do want to just note one thing, which is, uh, 634 00:30:19,170 --> 00:30:22,954 if the governor and the legislature as a life, as 635 00:30:22,954 --> 00:30:26,892 a public entity, to decide that we should go a 636 00:30:26,892 --> 00:30:30,429 different way, uh, we have done nothing in the 637 00:30:30,429 --> 00:30:32,798 contract that precludes that decision. 638 00:30:32,798 --> 00:30:34,366 I do appreciate that. 639 00:30:34,366 --> 00:30:38,270 and I know there's no, you, you don't want to 640 00:30:38,270 --> 00:30:42,207 back and forth, but $60 million is three times the 641 00:30:42,207 --> 00:30:45,744 annual cost of electric to suffolk county, uh, uh, 642 00:30:45,744 --> 00:30:48,113 taxpayers for the suffolk county services. 643 00:30:48,113 --> 00:30:49,681 but I appreciate that. 644 00:30:49,681 --> 00:30:53,218 and I hope that you continue to think hard 645 00:30:53,218 --> 00:30:55,587 about the things that I've presented. 646 00:30:55,587 --> 00:30:56,755 thank you. 647 00:30:56,755 --> 00:30:57,956 thank you. 648 00:30:57,956 --> 00:30:59,124 thank you, legislator. 649 00:30:59,124 --> 00:30:59,891 next step. 650 00:30:59,891 --> 00:31:03,610 we'll have casey casey shy, followed by fred 651 00:31:03,610 --> 00:31:05,797 harrison and then followed by antonio cruz. 652 00:31:05,797 --> 00:31:09,735 so casey, we're going to move you in to the 653 00:31:09,735 --> 00:31:11,303 panelist mode now. 654 00:31:11,303 --> 00:31:13,271 hey guys, how are you? 655 00:31:13,271 --> 00:31:14,720 um, okay. 656 00:31:14,720 --> 00:31:16,408 uh, my name is casey shine. 657 00:31:16,408 --> 00:31:18,777 I'm the political and communications director 658 00:31:18,777 --> 00:31:21,146 for the international brotherhood of electrical 659 00:31:21,146 --> 00:31:23,115 workers, local union, 10 49. 660 00:31:23,115 --> 00:31:25,500 we represent 4,500 proud members. 661 00:31:25,500 --> 00:31:28,220 that's almost 2000 members working each day to 662 00:31:28,220 --> 00:31:30,188 operate, maintain the electrical transmission 663 00:31:30,188 --> 00:31:31,356 and distribution system. 664 00:31:31,356 --> 00:31:35,694 um, I wanted to come speak tonight on behalf of the 665 00:31:35,694 --> 00:31:38,430 union and support other advise contract between, 666 00:31:38,430 --> 00:31:41,566 uh, long island power authority and pseg long 667 00:31:41,566 --> 00:31:41,967 island. 668 00:31:41,967 --> 00:31:44,736 uh, lifetime pseg have been, they've maintained 669 00:31:44,736 --> 00:31:48,273 such a strong partnership with ivw 10 49, and 670 00:31:48,273 --> 00:31:50,609 they've always provided open lines of 671 00:31:50,609 --> 00:31:53,378 communications on issues are important to our 672 00:31:53,378 --> 00:31:54,946 members besides consistency, being 673 00:31:54,946 --> 00:31:56,515 beneficial for our workforce. 674 00:31:56,515 --> 00:32:00,510 uh, pseg took over in 2014 and the company's 675 00:32:00,510 --> 00:32:03,188 commitment to safety has resulted in a 62% 676 00:32:03,188 --> 00:32:04,756 improvement in osha cases. 677 00:32:04,756 --> 00:32:08,293 this means our members are going home to their 678 00:32:08,293 --> 00:32:09,895 families safely every day. 679 00:32:09,895 --> 00:32:13,310 uh, in addition, pseg long island's commitment to 680 00:32:13,310 --> 00:32:15,767 reliability has not only benefited customers, but 681 00:32:15,767 --> 00:32:19,304 it's created jobs for our members since they took 682 00:32:19,304 --> 00:32:21,273 over 900 miles of distribution. 683 00:32:21,273 --> 00:32:24,420 mainline circuits have been storm pardoned, uh, 684 00:32:24,420 --> 00:32:27,179 in 2021, the section circuits that have been 685 00:32:27,179 --> 00:32:30,715 storm hearted has seen a 53% reduction in damage 686 00:32:30,715 --> 00:32:33,852 leading to outages compared to the rest of 687 00:32:33,852 --> 00:32:35,530 the distribution system. 688 00:32:35,530 --> 00:32:37,389 this increases reliability and enhances customer 689 00:32:37,389 --> 00:32:37,789 satisfaction. 690 00:32:37,789 --> 00:32:42,127 uh, we're proud of the work that we do to support 691 00:32:42,127 --> 00:32:45,263 long island and we enjoy our partnership with 692 00:32:45,263 --> 00:32:49,201 light, but npcg so thank you for the opportunity to 693 00:32:49,201 --> 00:32:49,568 speak. 694 00:32:49,568 --> 00:32:51,169 uh, let's see. 695 00:32:51,169 --> 00:32:53,905 it looks like a beautiful cat. 696 00:32:53,905 --> 00:32:54,706 thank you. 697 00:32:54,706 --> 00:32:57,420 you didn't do this all day. 698 00:32:57,420 --> 00:32:59,411 so just now just to start. 699 00:32:59,411 --> 00:33:01,379 all right, thanks guys. 700 00:33:01,379 --> 00:33:01,780 okay. 701 00:33:01,780 --> 00:33:04,916 next up will be fred harrison again, followed 702 00:33:04,916 --> 00:33:06,840 by antonio cruz. 703 00:33:06,840 --> 00:33:09,621 and then charles means, uh, and one of the 704 00:33:09,621 --> 00:33:11,590 reminder we are timing everyone. 705 00:33:11,590 --> 00:33:14,726 there is a five minute limit per speaker. 706 00:33:14,726 --> 00:33:17,896 um, so far we've been held to that. 707 00:33:17,896 --> 00:33:22,200 so we are keeping track and we will let you know 708 00:33:22,200 --> 00:33:24,169 if you hit that point. 709 00:33:24,169 --> 00:33:28,506 fred, you're moving in now I've read the floor is all 710 00:33:28,506 --> 00:33:29,274 yours. 711 00:33:29,274 --> 00:33:30,750 okie dokie. 712 00:33:30,750 --> 00:33:30,842 thank you. 713 00:33:30,842 --> 00:33:33,211 uh, I'd like to start by. 714 00:33:33,211 --> 00:33:35,180 my name is fred harrison. 715 00:33:35,180 --> 00:33:37,148 I'm a homeowner in merrick. 716 00:33:37,148 --> 00:33:41,860 I'd like to start by thanking, uh, the life of 717 00:33:41,860 --> 00:33:45,230 staff and mr. Falcon for their work and for that 718 00:33:45,230 --> 00:33:46,191 thorough presentation tonight. 719 00:33:46,191 --> 00:33:50,128 um, I'd like to say about the new contract, the 720 00:33:50,128 --> 00:33:52,464 following, the proposed new contract documents, 721 00:33:52,464 --> 00:33:56,801 how peace ag has been a money pit for rate payers. 722 00:33:56,801 --> 00:34:00,338 uh, I thought that the cost of having pcyc 723 00:34:00,338 --> 00:34:03,108 managed system was $80 million per year. 724 00:34:03,108 --> 00:34:05,443 that's wrong management fees and profits. 725 00:34:05,443 --> 00:34:09,381 only part of the story, looking at all the new 726 00:34:09,381 --> 00:34:12,150 metrics and deliverables required by the proposed 727 00:34:12,150 --> 00:34:12,517 agreement. 728 00:34:12,517 --> 00:34:15,287 those 96 performance standards makes it pretty 729 00:34:15,287 --> 00:34:15,687 clear. 730 00:34:15,687 --> 00:34:18,823 that piece said long island has been getting 731 00:34:18,823 --> 00:34:19,991 paid for work. 732 00:34:19,991 --> 00:34:23,128 it has not done adequately, and it's not 733 00:34:23,128 --> 00:34:24,329 just it work. 734 00:34:24,329 --> 00:34:28,266 this is the eighth year of pcyc managing the system. 735 00:34:28,266 --> 00:34:30,602 they profited handsomely receiving hundreds of 736 00:34:30,602 --> 00:34:34,139 millions of bottles, of rate payer money in fees 737 00:34:34,139 --> 00:34:34,940 and profits. 738 00:34:34,940 --> 00:34:38,476 what have we gotten for our money accompany, which 739 00:34:38,476 --> 00:34:40,845 he needs intensive supervision in virtually 740 00:34:40,845 --> 00:34:43,181 every area of operation, transmission and 741 00:34:43,181 --> 00:34:45,550 distribution on t power supply programs. 742 00:34:45,550 --> 00:34:49,870 you name them mr. Falco, 13 major operation areas 743 00:34:49,870 --> 00:34:52,223 and all, and this is no ordinary contractual 744 00:34:52,223 --> 00:34:52,624 supervision. 745 00:34:52,624 --> 00:34:56,161 leica will be closely watching p sec and dps 746 00:34:56,161 --> 00:34:58,129 will be watching as well. 747 00:34:58,129 --> 00:35:02,670 lots of rate payer money and staff time will be 748 00:35:02,670 --> 00:35:04,402 devoted to all of this. 749 00:35:04,402 --> 00:35:07,572 I was a high school teacher for decades. 750 00:35:07,572 --> 00:35:11,109 the contract reads like a pins petition on steroids. 751 00:35:11,109 --> 00:35:14,245 what exactly does of corporate bring to the 752 00:35:14,245 --> 00:35:14,646 table? 753 00:35:14,646 --> 00:35:17,782 how does piece of tech management contribute to 754 00:35:17,782 --> 00:35:18,583 pair interests? 755 00:35:18,583 --> 00:35:22,120 the evidence leads to the conclusion that piece sex 756 00:35:22,120 --> 00:35:24,550 orientation is to advance peace. 757 00:35:24,550 --> 00:35:25,256 and that's understandable. 758 00:35:25,256 --> 00:35:27,993 we've seen that in their past performance. 759 00:35:27,993 --> 00:35:32,330 we see it in their new ad campaign on subs september 760 00:35:32,330 --> 00:35:36,634 22nd, mr. Eichorn declared in a report to the lack of 761 00:35:36,634 --> 00:35:40,205 board that peace was quote back to controlling the 762 00:35:40,205 --> 00:35:42,140 messaging unquote that's for sure. 763 00:35:42,140 --> 00:35:46,478 and it's new ads piece seg takes credit for the hard 764 00:35:46,478 --> 00:35:48,847 work and goodwill of its workers. 765 00:35:48,847 --> 00:35:51,983 it takes credit for the programs and improvements 766 00:35:51,983 --> 00:35:54,719 paid for by life and its repairs. 767 00:35:54,719 --> 00:35:56,321 not by pisa. 768 00:35:56,321 --> 00:36:00,225 they don't do the job they're paid to do, but 769 00:36:00,225 --> 00:36:03,395 they do take credit for what others do. 770 00:36:03,395 --> 00:36:04,963 not a bad racket. 771 00:36:04,963 --> 00:36:08,900 mr. Icahn's language gives it all away at that same 772 00:36:08,900 --> 00:36:12,370 september 22nd meeting, he reported that quote, the 773 00:36:12,370 --> 00:36:14,500 next storm will benefit us. 774 00:36:14,500 --> 00:36:15,974 we welcome the next storm. 775 00:36:15,974 --> 00:36:17,942 mr. Falco remembers that incident. 776 00:36:17,942 --> 00:36:20,679 can you imagine welcoming a major storm? 777 00:36:20,679 --> 00:36:24,616 think the death toll from ida, mr. Eichorn was not 778 00:36:24,616 --> 00:36:26,951 thinking about me or my neighbors. 779 00:36:26,951 --> 00:36:30,522 he's focused on what's good for peace second at 780 00:36:30,522 --> 00:36:30,889 shareholders. 781 00:36:30,889 --> 00:36:34,826 so the contract is clear evidence that you do not 782 00:36:34,826 --> 00:36:36,394 and cannot trust pisa. 783 00:36:36,394 --> 00:36:39,531 you've said that if the inadequate all contract 784 00:36:39,531 --> 00:36:42,300 remains in force, the misfeasance suit continues 785 00:36:42,300 --> 00:36:46,237 and we have a peace sag, which must be heavily 786 00:36:46,237 --> 00:36:47,405 policed by lifeline. 787 00:36:47,405 --> 00:36:51,743 if we have a new, stronger agreement, that it is a 788 00:36:51,743 --> 00:36:54,479 much better and stronger agreement, no doubt. 789 00:36:54,479 --> 00:36:58,160 we have a piece that must be thoroughly policed, 790 00:36:58,160 --> 00:36:58,817 either way. 791 00:36:58,817 --> 00:37:02,754 we have the albatross of peace and it's 80 million 792 00:37:02,754 --> 00:37:04,322 in fees and profits. 793 00:37:04,322 --> 00:37:09,270 we are counting on you to find a way out of this. 794 00:37:09,270 --> 00:37:12,964 we need you to outline a clear roadmap leading to 795 00:37:12,964 --> 00:37:15,700 the well-documented rate savings there for the 796 00:37:15,700 --> 00:37:16,101 taking. 797 00:37:16,101 --> 00:37:19,637 we don't need [inaudible] or any other profit molded 798 00:37:19,637 --> 00:37:22,407 service provider to manage things for us. 799 00:37:22,407 --> 00:37:25,944 we trust the capabilities of a life of staff. 800 00:37:25,944 --> 00:37:29,800 they are very good at what they do. 801 00:37:29,800 --> 00:37:31,490 they are fine public servants. 802 00:37:31,490 --> 00:37:34,986 we hope that you trust them to trust them enough 803 00:37:34,986 --> 00:37:37,722 to run the system without peace sec. 804 00:37:37,722 --> 00:37:38,890 thank you. 805 00:37:38,890 --> 00:37:42,600 thank you, mr. Harrison, for your very consistent 806 00:37:42,600 --> 00:37:45,597 interest in lipid fairs over the last year, you've 807 00:37:45,597 --> 00:37:48,733 come to many, many board meetings and public 808 00:37:48,733 --> 00:37:49,534 comment hearing. 809 00:37:49,534 --> 00:37:52,270 so we do appreciate your interest. 810 00:37:52,270 --> 00:37:53,438 thank you. 811 00:37:53,438 --> 00:37:53,838 okay. 812 00:37:53,838 --> 00:37:57,375 next up, we will have antonio cruz followed by 813 00:37:57,375 --> 00:38:00,145 charles leaves and then eric weltman antonio, 814 00:38:00,145 --> 00:38:04,449 we're going to move you in to the panelists for you 815 00:38:04,449 --> 00:38:05,250 now. 816 00:38:05,250 --> 00:38:05,650 awesome. 817 00:38:05,650 --> 00:38:07,218 can y'all hear me? 818 00:38:07,218 --> 00:38:07,585 okay. 819 00:38:07,585 --> 00:38:07,986 great. 820 00:38:07,986 --> 00:38:09,554 thank you so much. 821 00:38:09,554 --> 00:38:13,910 and to begin, um, mr. Falcon, I saw that, 822 00:38:13,910 --> 00:38:16,628 um, in 2019, your base pay was over $280,000. 823 00:38:16,628 --> 00:38:19,797 and, you know, for the sake of creating 824 00:38:19,797 --> 00:38:22,133 cost-effective measures for ensuring people have 825 00:38:22,133 --> 00:38:24,502 access to public utilities, um, ensuring 826 00:38:24,502 --> 00:38:28,390 that electricity access is basically a right at this 827 00:38:28,390 --> 00:38:28,439 point. 828 00:38:28,439 --> 00:38:31,976 um, I think we need to address some concerns 829 00:38:31,976 --> 00:38:34,345 about, um, the privatization of our 830 00:38:34,345 --> 00:38:37,882 electric grid and our energy system here in long 831 00:38:37,882 --> 00:38:38,249 island. 832 00:38:38,249 --> 00:38:41,419 um, I see that the contract being proposed, 833 00:38:41,419 --> 00:38:44,155 but essentially render long islanders putting the 834 00:38:44,155 --> 00:38:47,692 cost of and efficiency, whether that is in the 835 00:38:47,692 --> 00:38:52,797 form of a 2.3, um, price hike in 2021 in 2022 is in 836 00:38:52,797 --> 00:38:55,567 your contract, which I believe even pseg 837 00:38:55,567 --> 00:38:59,103 projected was supposed to be lower in costs, but 838 00:38:59,103 --> 00:39:03,410 anyway, or in the tens of millions of dollars, uh, 839 00:39:03,410 --> 00:39:06,177 should pseg fail to meet the demands for 840 00:39:06,177 --> 00:39:08,146 eco-friendly efficient and consistent power 841 00:39:08,146 --> 00:39:10,114 distribution on long island. 842 00:39:10,114 --> 00:39:13,651 now I bring this up because regardless of good 843 00:39:13,651 --> 00:39:15,987 faith arguments or speculation, which is 844 00:39:15,987 --> 00:39:19,157 essential, but long islanders are going to be 845 00:39:19,157 --> 00:39:23,940 doing at this point, because at the end of the 846 00:39:23,940 --> 00:39:26,631 day, until we have a dangerous storms and stuff 847 00:39:26,631 --> 00:39:30,168 like that, that are caused by climate change, which 848 00:39:30,168 --> 00:39:33,705 again, pseg is not even projecting, um, to meet 849 00:39:33,705 --> 00:39:36,841 these deadlines by like 2040, which is still 850 00:39:36,841 --> 00:39:40,441 beyond recommendations to meet this by 20 25, 20 30. 851 00:39:40,778 --> 00:39:44,682 so again, we are seeing issues with this, but, um, 852 00:39:44,682 --> 00:39:47,852 I don't think long islanders should be paying 853 00:39:47,852 --> 00:39:51,789 30 milli should have paid 30 million for a poor 854 00:39:51,789 --> 00:39:54,125 system maintenance and stuff like that. 855 00:39:54,125 --> 00:39:58,620 and I believe that if we need this supplies, we 856 00:39:58,620 --> 00:40:00,832 could see cost cutting measures like municipal 857 00:40:00,832 --> 00:40:03,568 bond access department income, and having this 858 00:40:03,568 --> 00:40:05,536 all be, um, essentially streamlined. 859 00:40:05,536 --> 00:40:08,673 in my case through suffolk county departments, like 860 00:40:08,673 --> 00:40:10,642 the public works department and 861 00:40:10,642 --> 00:40:13,778 infrastructure funding, as well as the long island 862 00:40:13,778 --> 00:40:16,948 power authority, all of these institutions can do 863 00:40:16,948 --> 00:40:20,840 a lot more to ensure unionized jobs, lower 864 00:40:20,840 --> 00:40:23,221 costs, um, safer electric systems, et cetera. 865 00:40:23,221 --> 00:40:26,758 so to bring this back, and again, I'm really 866 00:40:26,758 --> 00:40:28,726 trying to be brief here. 867 00:40:28,726 --> 00:40:31,950 this contract really doesn't address the 868 00:40:31,950 --> 00:40:33,831 concerns that a lot of us have. 869 00:40:33,831 --> 00:40:36,601 this contract creates more administrative level jobs 870 00:40:36,601 --> 00:40:39,737 that would be salaried and protected this, um, 871 00:40:39,737 --> 00:40:42,473 doesn't ensure that, um, we'd actually be 872 00:40:42,473 --> 00:40:46,100 addressing as well as the inflation crisis here in 873 00:40:46,100 --> 00:40:49,547 long island because higher utility costs are part of 874 00:40:49,547 --> 00:40:50,348 that problem. 875 00:40:50,348 --> 00:40:53,885 and that's why this crisis goes beyond just keeping 876 00:40:53,885 --> 00:40:57,422 the lights on so people can afford to actually 877 00:40:57,422 --> 00:41:00,958 sustain or live on these costs than just access 878 00:41:00,958 --> 00:41:04,896 another barrier for people to be able to live here. 879 00:41:04,896 --> 00:41:09,200 and that's really what a lot of this comes down to. 880 00:41:09,200 --> 00:41:11,969 so people are paying for an efficiency, 881 00:41:11,969 --> 00:41:13,137 subcontracting, and privatization. 882 00:41:13,137 --> 00:41:16,307 then we see that climate change, electricity access 883 00:41:16,307 --> 00:41:17,475 and power redistribution. 884 00:41:17,475 --> 00:41:18,643 aren't the priorities. 885 00:41:18,643 --> 00:41:21,779 so again, regardless of good faith arguments, I 886 00:41:21,779 --> 00:41:25,316 really do think that, um, like, uh, should undergo 887 00:41:25,316 --> 00:41:26,117 municipalization efforts. 888 00:41:26,117 --> 00:41:30,455 I think we need to ensure that efforts to make sure 889 00:41:30,455 --> 00:41:33,991 that this is strictly a public utility and not 890 00:41:33,991 --> 00:41:36,728 something that is contracted would make this 891 00:41:36,728 --> 00:41:40,264 far more efficient, far more safer, and far more 892 00:41:40,264 --> 00:41:41,650 cost effective. 893 00:41:41,650 --> 00:41:42,233 thank you. 894 00:41:42,233 --> 00:41:43,401 thank you, antonio. 895 00:41:43,401 --> 00:41:47,338 uh, next step is charles then eric weltman and then 896 00:41:47,338 --> 00:41:50,475 margaret mahler will be up next on charles. 897 00:41:50,475 --> 00:41:54,812 we're going to move you in to panelists view now. 898 00:41:54,812 --> 00:41:55,613 good evening. 899 00:41:55,613 --> 00:41:58,750 my name is charles nunez and the ecosocialist 900 00:41:58,750 --> 00:42:02,286 working group chair of the nassau county chapter, the 901 00:42:02,286 --> 00:42:05,423 democratic socialists of america and a partner in 902 00:42:05,423 --> 00:42:06,624 the re-imagined life. 903 00:42:06,624 --> 00:42:09,360 but coalition, I keep my statement relatively 904 00:42:09,360 --> 00:42:13,297 brief, but I'm just going to come tonight to say 905 00:42:13,297 --> 00:42:16,434 transparently I'm off from the time of tropical 906 00:42:16,434 --> 00:42:16,834 storm. 907 00:42:16,834 --> 00:42:20,772 esa is he sets failures, which they lied about on 908 00:42:20,772 --> 00:42:21,539 multiple occasions. 909 00:42:21,539 --> 00:42:25,877 you all even sat there on the board, calling out to 910 00:42:25,877 --> 00:42:27,450 your sides lies. 911 00:42:27,450 --> 00:42:29,814 dan eichorn lie to everyone's faces multiple 912 00:42:29,814 --> 00:42:33,351 times about the progress we were assured that you 913 00:42:33,351 --> 00:42:35,686 said had gotten their act together. 914 00:42:35,686 --> 00:42:38,856 but when hurricane henry was threatening to coast, 915 00:42:38,856 --> 00:42:42,393 my memory, according to my memory, I remember seven 916 00:42:42,393 --> 00:42:45,129 to 14 day warnings of failure, potential 917 00:42:45,129 --> 00:42:45,530 failures. 918 00:42:45,530 --> 00:42:49,670 you know, power might be also in 14 days. 919 00:42:49,670 --> 00:42:52,203 I thought pcyc had said they were fixed 920 00:42:52,203 --> 00:42:54,972 everything, but that's, that's what we heard. 921 00:42:54,972 --> 00:42:56,541 thankfully for long islanders. 922 00:42:56,541 --> 00:43:00,478 henry did not hit long island and mind you, it 923 00:43:00,478 --> 00:43:05,183 hit rhode island and their power was back in one or a 924 00:43:05,183 --> 00:43:06,751 one to two days. 925 00:43:06,751 --> 00:43:10,288 I believe, you know, versus the seven to 14 926 00:43:10,288 --> 00:43:14,225 days that piece said was warning us about, you also 927 00:43:14,225 --> 00:43:18,529 said at the beginning of this, that to listen to us 928 00:43:18,529 --> 00:43:21,299 through the public comments, 90% of the 929 00:43:21,299 --> 00:43:23,668 comments or for full municipalization. 930 00:43:23,668 --> 00:43:26,300 tell me how us coming here. 931 00:43:26,300 --> 00:43:29,540 talking about a renewed contract with p sag was 932 00:43:29,540 --> 00:43:30,741 listening to us. 933 00:43:30,741 --> 00:43:34,679 it wasn't, I'm just going to say this in closing. 934 00:43:34,679 --> 00:43:38,583 if you all vote for this contract, you all should 935 00:43:38,583 --> 00:43:38,983 resign. 936 00:43:38,983 --> 00:43:42,520 and if you don't, the legislature needs to step 937 00:43:42,520 --> 00:43:44,880 in and take over. 938 00:43:44,880 --> 00:43:47,258 and if they don't, then they should resign. 939 00:43:47,258 --> 00:43:48,426 thank you. 940 00:43:48,426 --> 00:43:50,795 okay, eric, weltman followed by margaret 941 00:43:50,795 --> 00:43:53,531 mahler and then laura mckeller, eric, we're 942 00:43:53,531 --> 00:43:57,869 going to move you in now, eric, you're on mute. 943 00:43:57,869 --> 00:43:59,360 sorry about that. 944 00:43:59,360 --> 00:43:59,437 great. 945 00:43:59,437 --> 00:44:03,741 my name is eric weltman and I'm a new york senior 946 00:44:03,741 --> 00:44:05,710 organizer with food and water. 947 00:44:05,710 --> 00:44:07,678 watch a national non-profit environmental 948 00:44:07,678 --> 00:44:10,815 organization, food and water watch is a proud 949 00:44:10,815 --> 00:44:13,985 member of the re-imagined lipid campaign, along with 950 00:44:13,985 --> 00:44:15,953 the long island, progressive coalition, 951 00:44:15,953 --> 00:44:19,900 mothers out front or energy, and so many 952 00:44:19,900 --> 00:44:20,658 incredible activists and allies. 953 00:44:20,658 --> 00:44:24,996 and we're here to send a message to the lipid board 954 00:44:24,996 --> 00:44:28,132 and to governor hoeckel long island deserves long 955 00:44:28,132 --> 00:44:30,868 island needs a publicly owned, controlled and 956 00:44:30,868 --> 00:44:32,690 managed power authority. 957 00:44:32,690 --> 00:44:35,606 long island deserves long island needs to sever its 958 00:44:35,606 --> 00:44:39,510 relationship with pac and g a company with a track 959 00:44:39,510 --> 00:44:42,680 record, a long track record of failures and 960 00:44:42,680 --> 00:44:43,470 lies. 961 00:44:43,470 --> 00:44:45,816 it's time to establish new standards for 962 00:44:45,816 --> 00:44:47,785 accountability, equity, resilience, and democracy 963 00:44:47,785 --> 00:44:51,322 in our energy systems, and to create an institution 964 00:44:51,322 --> 00:44:54,458 that's equipped to meet these standards and one 965 00:44:54,458 --> 00:44:57,595 that will prevent climate catastrophe by moving the 966 00:44:57,595 --> 00:45:00,765 region off fossil fuels and transition long island 967 00:45:00,765 --> 00:45:03,100 to soar and wind power. 968 00:45:03,100 --> 00:45:04,669 the time has come. 969 00:45:04,669 --> 00:45:08,205 the time has come for the long island power 970 00:45:08,205 --> 00:45:11,375 authority to end its relationship with pse and 971 00:45:11,375 --> 00:45:11,742 g. 972 00:45:11,742 --> 00:45:15,313 and to finally end decades of failed public private 973 00:45:15,313 --> 00:45:18,449 partnerships, they have put profit over people, no 974 00:45:18,449 --> 00:45:21,586 contract, no contract can alter repair or rectify 975 00:45:21,586 --> 00:45:25,122 the fundamental disconnect between pse and g and the 976 00:45:25,122 --> 00:45:25,923 region's needs. 977 00:45:25,923 --> 00:45:29,460 the fact that the proposed contract contains a duty 978 00:45:29,460 --> 00:45:31,429 of candor requirement is alarming. 979 00:45:31,429 --> 00:45:36,133 we have to ask pse and g to commit not to lie. 980 00:45:36,133 --> 00:45:39,270 what if they're lying about not lying, no 981 00:45:39,270 --> 00:45:43,207 contract can overcome the fact that this is a flawed 982 00:45:43,207 --> 00:45:45,576 model that is causing widespread widespread 983 00:45:45,576 --> 00:45:47,912 hardship at great pasta rate pairs. 984 00:45:47,912 --> 00:45:50,681 long island has been repeatedly battered by 985 00:45:50,681 --> 00:45:53,818 storms, the intensity and fruit qfc, which are 986 00:45:53,818 --> 00:45:55,386 heightened by climate change. 987 00:45:55,386 --> 00:45:58,522 climate change is an existential threat to long 988 00:45:58,522 --> 00:45:58,923 island. 989 00:45:58,923 --> 00:46:02,860 creating an urgent need to move off fossil fuels. 990 00:46:02,860 --> 00:46:05,229 we must stop transporting and burning 991 00:46:05,229 --> 00:46:05,997 frack gas. 992 00:46:05,997 --> 00:46:10,334 public power is the means by which we can ensure the 993 00:46:10,334 --> 00:46:13,471 long island fulfills our legal and moral obligation 994 00:46:13,471 --> 00:46:16,607 to transition to a hundred percent clean, renewable 995 00:46:16,607 --> 00:46:17,800 energy. 996 00:46:17,800 --> 00:46:18,976 we have a new governor. 997 00:46:18,976 --> 00:46:22,913 we have new board members and even more will be 998 00:46:22,913 --> 00:46:25,283 appointed the hopeful administration and the 999 00:46:25,283 --> 00:46:28,190 lipid board have the opportunity to acknowledge 1000 00:46:28,190 --> 00:46:31,956 and move past the mistakes of andrew cuomo and put 1001 00:46:31,956 --> 00:46:35,920 the relationship with psng where it clearly belongs 1002 00:46:35,920 --> 00:46:37,610 in the dustbin of history. 1003 00:46:37,610 --> 00:46:40,598 food and water roster concludes with our call to 1004 00:46:40,598 --> 00:46:41,399 governor cuomo. 1005 00:46:41,399 --> 00:46:44,935 coco now is our moment to re-imagine lippa and 1006 00:46:44,935 --> 00:46:47,672 corporate control and abuse of our energy 1007 00:46:47,672 --> 00:46:50,808 systems and realize the benefits of public power 1008 00:46:50,808 --> 00:46:53,577 and formulas of smoothness or polarization, real 1009 00:46:53,577 --> 00:46:55,546 accountability where liable service, affordable 1010 00:46:55,546 --> 00:46:58,282 power and a transition off fossil fuels. 1011 00:46:58,282 --> 00:46:59,483 thank you. 1012 00:46:59,483 --> 00:47:01,819 thank you, eric, for your comments. 1013 00:47:01,819 --> 00:47:04,989 next, we're going to move in margaret mahler 1014 00:47:04,989 --> 00:47:08,526 followed by laura mckeller and then mike brady will 1015 00:47:08,526 --> 00:47:10,461 be up after laura. 1016 00:47:10,461 --> 00:47:11,262 hi, welcome. 1017 00:47:11,262 --> 00:47:11,662 hello. 1018 00:47:11,662 --> 00:47:12,630 hello. 1019 00:47:12,630 --> 00:47:14,398 all my name is margaret maher. 1020 00:47:14,398 --> 00:47:17,568 I'm a volunteer for food and water watch. 1021 00:47:17,568 --> 00:47:21,105 I'm a long island power authority rate payer as 1022 00:47:21,105 --> 00:47:21,472 well. 1023 00:47:21,472 --> 00:47:26,577 and I just want to put my 2 cents in saying that we 1024 00:47:26,577 --> 00:47:27,778 need public power. 1025 00:47:27,778 --> 00:47:32,483 now this new contract with pse and g does not fix or 1026 00:47:32,483 --> 00:47:33,284 lower outreach. 1027 00:47:33,284 --> 00:47:36,200 we need to manipulate view, sorry, municipalize. 1028 00:47:36,200 --> 00:47:40,758 now we all know how much it costs to live on this 1029 00:47:40,758 --> 00:47:41,125 island. 1030 00:47:41,125 --> 00:47:45,620 it is so expensive between the taxes, the water, the 1031 00:47:45,620 --> 00:47:47,832 gas, the electric, these municipalities should all 1032 00:47:47,832 --> 00:47:48,599 be public. 1033 00:47:48,599 --> 00:47:52,136 we pay high bills that seem to serve stockholders 1034 00:47:52,136 --> 00:47:53,337 over rate payers. 1035 00:47:53,337 --> 00:47:55,306 and this is just unacceptable. 1036 00:47:55,306 --> 00:47:59,210 we had many issues in the past, such as tropical 1037 00:47:59,210 --> 00:48:03,547 storm isis in 2020 pse and g needs to be held 1038 00:48:03,547 --> 00:48:06,283 accountable for their readiness of this storm. 1039 00:48:06,283 --> 00:48:09,453 we know they lied about their preparedness, their 1040 00:48:09,453 --> 00:48:12,590 response and the upgrades it made afterwards. 1041 00:48:12,590 --> 00:48:16,527 we want public power to serve the rate payers, not 1042 00:48:16,527 --> 00:48:17,294 the stockholders. 1043 00:48:17,294 --> 00:48:20,831 I can't even say this enough, who benefit from 1044 00:48:20,831 --> 00:48:25,169 our hard earned money, our money that we make, we are 1045 00:48:25,169 --> 00:48:27,905 giving away to stockholders the amount of 1046 00:48:27,905 --> 00:48:30,674 money that is made millions upon millions 1047 00:48:30,674 --> 00:48:32,243 every year is unbelievable. 1048 00:48:32,243 --> 00:48:34,612 speaking for myself and my neighbors. 1049 00:48:34,612 --> 00:48:38,149 we, the public want the board to terminate its 1050 00:48:38,149 --> 00:48:41,685 contract with pse and g and commit to public 1051 00:48:41,685 --> 00:48:42,520 power. 1052 00:48:42,520 --> 00:48:45,222 utility utilities like power and water should be 1053 00:48:45,222 --> 00:48:45,623 public. 1054 00:48:45,623 --> 00:48:47,558 they should all be public. 1055 00:48:47,558 --> 00:48:51,950 we need to go green to fight climate change. 1056 00:48:51,950 --> 00:48:54,632 we need governor hocal to champion this cause this 1057 00:48:54,632 --> 00:48:55,833 is extremely important. 1058 00:48:55,833 --> 00:48:59,770 we are paying so much money and the benefit to 1059 00:48:59,770 --> 00:49:01,739 us is very, very little. 1060 00:49:01,739 --> 00:49:02,907 it's really upsetting. 1061 00:49:02,907 --> 00:49:06,444 and one other thing, before I close, I don't 1062 00:49:06,444 --> 00:49:11,148 know who cuts the trees or who you hire to cut the 1063 00:49:11,148 --> 00:49:13,117 trees, but it is awful. 1064 00:49:13,117 --> 00:49:16,253 I just want to put that in there. 1065 00:49:16,253 --> 00:49:20,591 I thank you for letting me speak and say my piece. 1066 00:49:20,591 --> 00:49:22,560 thank you very much. 1067 00:49:22,560 --> 00:49:26,960 thank you, margaret laura mckeller, you are up next 1068 00:49:26,960 --> 00:49:29,233 then followed by mike brady and then call 1069 00:49:29,233 --> 00:49:31,202 merchenson after my hi laurie. 1070 00:49:31,202 --> 00:49:33,170 you're in the panelist view. 1071 00:49:33,170 --> 00:49:34,738 you're on mute. 1072 00:49:34,738 --> 00:49:35,940 am I unmuted? 1073 00:49:35,940 --> 00:49:37,508 can you hear me? 1074 00:49:37,508 --> 00:49:37,875 yep. 1075 00:49:37,875 --> 00:49:38,676 okay, good. 1076 00:49:38,676 --> 00:49:41,450 so my name is laura mckeller. 1077 00:49:41,450 --> 00:49:44,949 uh, I am a rate payer in greenlawn, new york. 1078 00:49:44,949 --> 00:49:49,687 I am also a, um, I'm a registered nurse and I'm a 1079 00:49:49,687 --> 00:49:51,655 mother of two teenage boys. 1080 00:49:51,655 --> 00:49:55,960 um, I think one thing that I've heard over and over 1081 00:49:55,960 --> 00:49:59,897 again, and I myself have said in these meetings is 1082 00:49:59,897 --> 00:50:04,235 that we are just all really fed up with pse and 1083 00:50:04,235 --> 00:50:06,570 g we are, we're just done. 1084 00:50:06,570 --> 00:50:07,771 we we're done. 1085 00:50:07,771 --> 00:50:10,107 we are done with this relationship. 1086 00:50:10,107 --> 00:50:14,445 um, not only were they ill prepared and not only was 1087 00:50:14,445 --> 00:50:16,413 their response poor to issais. 1088 00:50:16,413 --> 00:50:17,982 um, we relied too. 1089 00:50:17,982 --> 00:50:21,518 now, if this were any other relationship in my 1090 00:50:21,518 --> 00:50:25,550 life or in my children's lives or my friends' 1091 00:50:25,550 --> 00:50:28,993 lives, I would say just ended if this were an 1092 00:50:28,993 --> 00:50:32,529 obstetrician, for example, um, I would not be setting 1093 00:50:32,529 --> 00:50:33,697 new performance standards. 1094 00:50:33,697 --> 00:50:36,867 I would not be, um, creating a shorter 1095 00:50:36,867 --> 00:50:39,203 contract with him or her. 1096 00:50:39,203 --> 00:50:43,140 I would not be setting any sort of differences in 1097 00:50:43,140 --> 00:50:44,308 risk and compensation. 1098 00:50:44,308 --> 00:50:48,245 I would say this person does not delivery my next 1099 00:50:48,245 --> 00:50:48,646 child. 1100 00:50:48,646 --> 00:50:52,583 um, and I think that's what we need to do. 1101 00:50:52,583 --> 00:50:56,520 um, not only because of what we've seen in the 1102 00:50:56,520 --> 00:51:00,424 past, but because of what we are going to be 1103 00:51:00,424 --> 00:51:03,994 encountering in the future, we are truly at a 1104 00:51:03,994 --> 00:51:07,898 crossroads right now that I think all of us see 1105 00:51:07,898 --> 00:51:11,435 ordinary people like me see, in terms of climate 1106 00:51:11,435 --> 00:51:15,372 change, not just in terms of storms, but we see 1107 00:51:15,372 --> 00:51:17,341 what's going on out west. 1108 00:51:17,341 --> 00:51:20,110 we see the threat to our food. 1109 00:51:20,110 --> 00:51:23,247 we see the threat to our health health. 1110 00:51:23,247 --> 00:51:26,383 we see potential changes as the infectious disease 1111 00:51:26,383 --> 00:51:29,520 of elderly people dying because they're too hot. 1112 00:51:29,520 --> 00:51:33,570 like we see the threats, we cannot turn away 1113 00:51:33,570 --> 00:51:33,457 anymore. 1114 00:51:33,457 --> 00:51:37,394 um, so as we end the relationship with pse and 1115 00:51:37,394 --> 00:51:40,931 g, this gives us an opportunity for a new 1116 00:51:40,931 --> 00:51:43,667 relationship, that public power grants us. 1117 00:51:43,667 --> 00:51:47,204 um, we're also going to have to entirely change 1118 00:51:47,204 --> 00:51:50,374 the way that we produce and consume energy. 1119 00:51:50,374 --> 00:51:52,343 we have to do it. 1120 00:51:52,343 --> 00:51:53,911 there is no option. 1121 00:51:53,911 --> 00:51:58,616 um, and on top of it, the way we consume energy is 1122 00:51:58,616 --> 00:52:00,985 actually going to be more electrified. 1123 00:52:00,985 --> 00:52:04,521 so it's going to be putting even more pressure 1124 00:52:04,521 --> 00:52:07,658 and strain on the infrastructure that is in 1125 00:52:07,658 --> 00:52:11,195 turn, also threatened by these storms that are only 1126 00:52:11,195 --> 00:52:13,564 going to get bigger and bigger. 1127 00:52:13,564 --> 00:52:17,868 um, so in the process, we also need to be creating 1128 00:52:17,868 --> 00:52:19,837 clean energy and efficient energy. 1129 00:52:19,837 --> 00:52:24,174 we need to get away from fossil fuels so that we 1130 00:52:24,174 --> 00:52:27,311 are not exacerbating the problem that is creating 1131 00:52:27,311 --> 00:52:28,112 the storms. 1132 00:52:28,112 --> 00:52:31,248 um, but it's not all doom and gloom. 1133 00:52:31,248 --> 00:52:35,185 like I said, it really is an opportunity for public 1134 00:52:35,185 --> 00:52:35,586 power. 1135 00:52:35,586 --> 00:52:38,322 this is a huge opportunity for us. 1136 00:52:38,322 --> 00:52:40,691 um, we can create new jobs. 1137 00:52:40,691 --> 00:52:44,628 we can make sure that those jobs are going to 1138 00:52:44,628 --> 00:52:47,765 people who have been most unjustly effected by 1139 00:52:47,765 --> 00:52:50,901 climate change by pollution, by all of this, 1140 00:52:50,901 --> 00:52:54,380 by just the unfairness of life itself. 1141 00:52:54,380 --> 00:52:57,207 this is a huge opportunity and we cannot 1142 00:52:57,207 --> 00:53:00,344 rely on a corporate entity to do this. 1143 00:53:00,344 --> 00:53:04,281 this is something that we have to do together as 1144 00:53:04,281 --> 00:53:06,250 communities, as government, as scientists, 1145 00:53:06,250 --> 00:53:08,185 and we need community input. 1146 00:53:08,185 --> 00:53:10,954 we need community members at the table. 1147 00:53:10,954 --> 00:53:14,892 I said before, in other meetings, we know what we 1148 00:53:14,892 --> 00:53:15,259 need. 1149 00:53:15,259 --> 00:53:17,227 we know what we want. 1150 00:53:17,227 --> 00:53:21,165 and when we work together with experts and we work 1151 00:53:21,165 --> 00:53:23,934 together with labor, we can do this. 1152 00:53:23,934 --> 00:53:29,440 we do not need pse and g um, we need to end, um, we 1153 00:53:29,440 --> 00:53:32,576 need to end this relationship and we need 1154 00:53:32,576 --> 00:53:33,343 public power. 1155 00:53:33,343 --> 00:53:36,880 thank you so much for letting me speak. 1156 00:53:36,880 --> 00:53:40,417 thank you, laura, for your comments on next up 1157 00:53:40,417 --> 00:53:43,587 will be mike brady followed by ryan madden 1158 00:53:43,587 --> 00:53:46,723 and then george, povo like, we're bringing you 1159 00:53:46,723 --> 00:53:47,891 in now. 1160 00:53:47,891 --> 00:53:49,860 I, can you hear me? 1161 00:53:49,860 --> 00:53:50,661 we can. 1162 00:53:50,661 --> 00:53:51,610 great. 1163 00:53:51,610 --> 00:53:55,365 uh, my name is michael brady and I am a repair 1164 00:53:55,365 --> 00:53:56,567 from kings park. 1165 00:53:56,567 --> 00:54:00,871 I am also an attorney by profession and I am a 1166 00:54:00,871 --> 00:54:03,640 volunteer with law and progressive coalition and 1167 00:54:03,640 --> 00:54:04,808 cooperation long island. 1168 00:54:04,808 --> 00:54:08,345 I'm here to encourage the board to end leiper's 1169 00:54:08,345 --> 00:54:11,882 relationship with pse and g and to instead pursue 1170 00:54:11,882 --> 00:54:14,618 full municipalization of the long island power 1171 00:54:14,618 --> 00:54:15,180 grid. 1172 00:54:15,180 --> 00:54:16,587 other speakers tonight have. 1173 00:54:16,587 --> 00:54:20,124 and we'll continue to outline for you a variety 1174 00:54:20,124 --> 00:54:22,920 of excellent reasons for municipalization, 1175 00:54:22,920 --> 00:54:24,610 including enormous cost savings, operational 1176 00:54:24,610 --> 00:54:26,290 efficiency, and the overwhelming public 1177 00:54:26,290 --> 00:54:28,799 support that has been expressed in virtually 1178 00:54:28,799 --> 00:54:31,135 every recent meeting of this board. 1179 00:54:31,135 --> 00:54:35,720 as well as into public hearing that was held in 1180 00:54:35,720 --> 00:54:37,841 may your own options analysis shows the 1181 00:54:37,841 --> 00:54:39,776 overwhelming benefit of full municipalization. 1182 00:54:39,776 --> 00:54:43,714 it is abundantly clear that this is the only way 1183 00:54:43,714 --> 00:54:46,483 to go yet, almost immediately after the 1184 00:54:46,483 --> 00:54:50,200 hearing in may this board, perhaps with some strong 1185 00:54:50,200 --> 00:54:52,756 prodding from a certain governor, decided to 1186 00:54:52,756 --> 00:54:56,293 pursue a different path and double down with pse 1187 00:54:56,293 --> 00:54:59,620 and g despite its abysmal performance. 1188 00:54:59,620 --> 00:55:01,398 well that governor is gone now. 1189 00:55:01,398 --> 00:55:04,935 so perhaps we can revisit things and pursuing a 1190 00:55:04,935 --> 00:55:05,736 rational course. 1191 00:55:05,736 --> 00:55:09,673 I'd like to take a different tack and try to 1192 00:55:09,673 --> 00:55:12,409 convince you to change this course because 1193 00:55:12,409 --> 00:55:15,179 entering this contract is a horrible business 1194 00:55:15,179 --> 00:55:15,579 decision. 1195 00:55:15,579 --> 00:55:19,483 as an attorney, I often tell my clients that a 1196 00:55:19,483 --> 00:55:23,420 contract is only as good as the parties that are 1197 00:55:23,420 --> 00:55:24,988 involved in the transaction. 1198 00:55:24,988 --> 00:55:29,726 it is my belief that pse and g is not a good 1199 00:55:29,726 --> 00:55:31,695 partner and cannot be trusted. 1200 00:55:31,695 --> 00:55:33,630 why do I believe that? 1201 00:55:33,630 --> 00:55:37,201 because the lipid board has repeatedly told me, so 1202 00:55:37,201 --> 00:55:41,104 the board has accused pse and g of being woefully 1203 00:55:41,104 --> 00:55:42,306 unprepared for hurricane. 1204 00:55:42,306 --> 00:55:46,210 I say, yes, the board has repeatedly told us that 1205 00:55:46,210 --> 00:55:50,147 pse and g is not meeting the benchmarks that were 1206 00:55:50,147 --> 00:55:52,916 set to ensure that assistance upgrades were 1207 00:55:52,916 --> 00:55:54,885 completed in a timely manner. 1208 00:55:54,885 --> 00:55:58,210 so that such a disastrous storm response never 1209 00:55:58,210 --> 00:55:58,789 occurs again. 1210 00:55:58,789 --> 00:56:03,527 why would you trust pse and g and reward it with a 1211 00:56:03,527 --> 00:56:04,695 new contract? 1212 00:56:04,695 --> 00:56:08,232 well, we're told that this new contract is the 1213 00:56:08,232 --> 00:56:11,768 best deal that lipid has ever had, and that 1214 00:56:11,768 --> 00:56:13,737 includes large compensation penalties at 1215 00:56:13,737 --> 00:56:14,137 pse. 1216 00:56:14,137 --> 00:56:16,873 and g fails us again to that. 1217 00:56:16,873 --> 00:56:21,612 I say, so what, I'm here to tell you that as rate 1218 00:56:21,612 --> 00:56:25,549 payers, we don't want pse and g to reimburse our 1219 00:56:25,549 --> 00:56:25,916 money. 1220 00:56:25,916 --> 00:56:30,254 we don't want them to be paid in the first place. 1221 00:56:30,254 --> 00:56:34,958 what we do want is for our money to go towards a 1222 00:56:34,958 --> 00:56:36,927 durable and reliable power grid. 1223 00:56:36,927 --> 00:56:39,296 we want accessible communications and updates 1224 00:56:39,296 --> 00:56:41,665 in the advent of power outages. 1225 00:56:41,665 --> 00:56:44,401 we want rapid and efficient restoration of 1226 00:56:44,401 --> 00:56:44,801 service. 1227 00:56:44,801 --> 00:56:48,739 we want to pay electric fees that are not among 1228 00:56:48,739 --> 00:56:50,707 the highest in the country. 1229 00:56:50,707 --> 00:56:54,611 we want a utility that is agile and capable enough 1230 00:56:54,611 --> 00:56:57,381 to rapidly complete the critical transition to 1231 00:56:57,381 --> 00:57:00,117 renewable energy as mandated by the climate 1232 00:57:00,117 --> 00:57:02,850 leadership and community protection act. 1233 00:57:02,850 --> 00:57:06,230 as margaret said, we don't want our money going to 1234 00:57:06,230 --> 00:57:09,159 shareholders, which has been happening for far too 1235 00:57:09,159 --> 00:57:13,960 long after we built bailed out lipid, I'm sorry, loco 1236 00:57:13,960 --> 00:57:17,434 so many years ago, um, at a cost that we're still 1237 00:57:17,434 --> 00:57:18,201 paying today. 1238 00:57:18,201 --> 00:57:21,738 what we demand is utility that is responsive and 1239 00:57:21,738 --> 00:57:24,908 accountable to the people we demand public power. 1240 00:57:24,908 --> 00:57:26,760 thank you. 1241 00:57:26,760 --> 00:57:27,644 thank you, mr. Brady. 1242 00:57:27,644 --> 00:57:28,812 uh, next step. 1243 00:57:28,812 --> 00:57:32,349 we'll have ryan madden then george paval and then 1244 00:57:32,349 --> 00:57:35,118 timothy carson after george ryan, we're moving 1245 00:57:35,118 --> 00:57:36,687 you in now. 1246 00:57:36,687 --> 00:57:38,655 can you hear me wonderful. 1247 00:57:38,655 --> 00:57:42,192 um, good evening, everyone and lovely to see everyone 1248 00:57:42,192 --> 00:57:43,360 again this week. 1249 00:57:43,360 --> 00:57:45,729 uh, my name is ryan madden. 1250 00:57:45,729 --> 00:57:48,465 I'm the sustainability organizer with the long 1251 00:57:48,465 --> 00:57:49,666 island progressive coalition. 1252 00:57:49,666 --> 00:57:52,200 uh, we are a grassroots community-based 1253 00:57:52,200 --> 00:57:53,603 organization founded in 1979. 1254 00:57:53,603 --> 00:57:57,140 we fight for structural change at the local state 1255 00:57:57,140 --> 00:57:59,876 and national levels to attain racial justice, 1256 00:57:59,876 --> 00:58:02,646 build community wealth and realize adjust, transition 1257 00:58:02,646 --> 00:58:05,382 to a hundred percent renewable energy future 1258 00:58:05,382 --> 00:58:08,919 beginning in november of, uh, 2020, the long island, 1259 00:58:08,919 --> 00:58:11,288 progressive coalition, suffolk county and nassau 1260 00:58:11,288 --> 00:58:14,825 county chapters of dsa and food, or waterwatch came 1261 00:58:14,825 --> 00:58:17,961 together to urge the long island power authority, 1262 00:58:17,961 --> 00:58:21,498 determinate his contract with pse and g long island 1263 00:58:21,498 --> 00:58:23,467 municipalize and democratize in the 1264 00:58:23,467 --> 00:58:26,203 aftermath of tropical storm, sis, which resulted 1265 00:58:26,203 --> 00:58:29,373 in a 645,000 long island residents without power 1266 00:58:29,373 --> 00:58:32,909 for on average, more than two to seven days. 1267 00:58:32,909 --> 00:58:36,446 over the past, we have built a network of 1268 00:58:36,446 --> 00:58:38,415 supporters through the re-imagined lipid 1269 00:58:38,415 --> 00:58:40,751 statements consistently mobilized rate payers to 1270 00:58:40,751 --> 00:58:44,287 weigh in at monthly board meetings, held forums on 1271 00:58:44,287 --> 00:58:47,570 the benefits of public power with diverse 1272 00:58:47,570 --> 00:58:49,793 stakeholders and decision makers created toolkits. 1273 00:58:49,793 --> 00:58:52,562 this for additional public action, worked with 1274 00:58:52,562 --> 00:58:55,298 relevant elected officials to amplify those issue 1275 00:58:55,298 --> 00:58:58,468 statewide and publish op-eds and letters to the 1276 00:58:58,468 --> 00:59:02,500 editor and multiple media outlets and light all, all 1277 00:59:02,500 --> 00:59:02,773 of this. 1278 00:59:02,773 --> 00:59:05,542 um, the groundswell of community elected and 1279 00:59:05,542 --> 00:59:08,278 public support, um, for, uh, the full 1280 00:59:08,278 --> 00:59:10,647 municipalization of the long island power 1281 00:59:10,647 --> 00:59:11,470 authority. 1282 00:59:11,470 --> 00:59:14,951 uh, we are here to say that this new contract 1283 00:59:14,951 --> 00:59:17,721 does not fix the fundamentally flawed model 1284 00:59:17,721 --> 00:59:22,250 of our utility and that we need to meet as flies. 1285 00:59:22,250 --> 00:59:25,195 it is impossible to comment on this reform 1286 00:59:25,195 --> 00:59:27,531 contract without noting the structural issues 1287 00:59:27,531 --> 00:59:28,331 surrounding this. 1288 00:59:28,331 --> 00:59:31,868 we are also concerned as was raised earlier that 1289 00:59:31,868 --> 00:59:33,837 this contract is moving forward. 1290 00:59:33,837 --> 00:59:36,573 uh, moving ahead, uh, before the attorney 1291 00:59:36,573 --> 00:59:38,942 general finishes or investigation into whether 1292 00:59:38,942 --> 00:59:42,879 pse and g has failed sis response broke state laws, 1293 00:59:42,879 --> 00:59:46,817 uh, and before we know the responsiveness of the new 1294 00:59:46,817 --> 00:59:49,553 storm outage management computer system that pse 1295 00:59:49,553 --> 00:59:53,890 and g has been collected to deliver on, we urge the 1296 00:59:53,890 --> 00:59:57,427 lipid board to delay this vote and suspend this 1297 00:59:57,427 --> 01:00:00,564 process until they have more information on which 1298 01:00:00,564 --> 01:00:04,501 to make a sound decision as was noted earlier, too, 1299 01:00:04,501 --> 01:00:08,438 um, and reflected by, um, by other speakers, is that 1300 01:00:08,438 --> 01:00:11,975 decisions about the future of the long island power 1301 01:00:11,975 --> 01:00:15,111 authority and its relationship to pse and g, 1302 01:00:15,111 --> 01:00:19,490 um, should belong to the rate payers of this region 1303 01:00:19,490 --> 01:00:22,586 and the rate payers of this regional loan and 1304 01:00:22,586 --> 01:00:23,753 former governor. 1305 01:00:23,753 --> 01:00:27,691 andrew cuomo only had his legacy in mind when he 1306 01:00:27,691 --> 01:00:31,228 pushed light pcyc to renew terms earlier in july. 1307 01:00:31,228 --> 01:00:33,964 he, in that decision deliberately ignore long 1308 01:00:33,964 --> 01:00:37,133 island rate payers and elected officials, um, and 1309 01:00:37,133 --> 01:00:40,270 instead exerted his influence on behalf of pse 1310 01:00:40,270 --> 01:00:43,406 and g as was mentioned, his resignation, this 1311 01:00:43,406 --> 01:00:46,543 entire deal has been called into question, and 1312 01:00:46,543 --> 01:00:49,713 we believe the onus is now on governor. 1313 01:00:49,713 --> 01:00:52,849 hocal just your course back towards public power. 1314 01:00:52,849 --> 01:00:55,585 she must reject her predecessors failed vision 1315 01:00:55,585 --> 01:00:59,523 for our region and embrace a power proven model for 1316 01:00:59,523 --> 01:01:01,491 ensuring long island enjoys, reliable, 1317 01:01:01,491 --> 01:01:04,261 affordable, and renewable power, regardless of the 1318 01:01:04,261 --> 01:01:07,397 content of this new contract, a decision to 1319 01:01:07,397 --> 01:01:11,334 move ahead and not commit to public power, um, would 1320 01:01:11,334 --> 01:01:14,700 be an insult long island and rockaway's 1321 01:01:14,700 --> 01:01:15,639 communities, the dereliction of 1322 01:01:15,639 --> 01:01:18,408 responsibility to the need of democratic management 1323 01:01:18,408 --> 01:01:22,312 of our system and a grave mistake as the climate 1324 01:01:22,312 --> 01:01:25,482 crisis worsens, as we know, lipid can save 1325 01:01:25,482 --> 01:01:29,190 nearly $1 billion over the next day decade through 1326 01:01:29,190 --> 01:01:30,187 this process. 1327 01:01:30,187 --> 01:01:33,323 so instead of bonuses to unaccountable managers and 1328 01:01:33,323 --> 01:01:36,920 dividends to distant stockholders, we could see 1329 01:01:36,920 --> 01:01:38,828 lower rates and improved services for customers. 1330 01:01:38,828 --> 01:01:41,598 it was communicated earlier this year, uh, 1331 01:01:41,598 --> 01:01:44,734 during a new york state senate budget, hearing 1332 01:01:44,734 --> 01:01:48,672 that life, uh, had in its power, the ability to 1333 01:01:48,672 --> 01:01:51,408 municipalize on its own, once the tentative 1334 01:01:51,408 --> 01:01:54,578 agreement was struck in july, this assertion was 1335 01:01:54,578 --> 01:01:58,481 walked back and pushed to albany to decide while we 1336 01:01:58,481 --> 01:02:01,651 will work with albany to make necessary legislative 1337 01:02:01,651 --> 01:02:02,180 changes. 1338 01:02:02,180 --> 01:02:05,188 we asked that lipid continue to flesh out 1339 01:02:05,188 --> 01:02:08,325 options for and support the development of a 1340 01:02:08,325 --> 01:02:10,293 roadmap to a fully system. 1341 01:02:10,293 --> 01:02:13,830 if the lipid board does move ahead with this 1342 01:02:13,830 --> 01:02:17,767 contract, it must at the very least commit to not 1343 01:02:17,767 --> 01:02:18,535 renewing it. 1344 01:02:18,535 --> 01:02:21,304 after 2025 and began working with community 1345 01:02:21,304 --> 01:02:24,441 stakeholders right now to build a public power 1346 01:02:24,441 --> 01:02:28,378 system, we deserve lipid must also heat the call to 1347 01:02:28,378 --> 01:02:30,714 engage in more robust, intentional community 1348 01:02:30,714 --> 01:02:33,883 engagement in the conduct of utility operations. 1349 01:02:33,883 --> 01:02:36,219 while these public comment sessions are 1350 01:02:36,219 --> 01:02:38,989 appreciated and vital, they also feel somewhat 1351 01:02:38,989 --> 01:02:40,557 insincere by their impact. 1352 01:02:40,557 --> 01:02:43,693 maybe not by their intense, the public had 1353 01:02:43,693 --> 01:02:47,631 less than 30 days to read a 300 page contract, 1354 01:02:47,631 --> 01:02:50,767 digest it, develop comments on it, and then 1355 01:02:50,767 --> 01:02:51,968 deliver those comments. 1356 01:02:51,968 --> 01:02:55,505 the majority of the turnout for these, uh, um, 1357 01:02:55,505 --> 01:02:58,642 sessions is based on the work of community 1358 01:02:58,642 --> 01:03:02,178 organizations like ours and not the efforts of the 1359 01:03:02,178 --> 01:03:03,747 utility to seek input. 1360 01:03:03,747 --> 01:03:06,883 and as seen during the options analysis comment 1361 01:03:06,883 --> 01:03:09,653 sessions, public input does not translate into 1362 01:03:09,653 --> 01:03:10,420 utility response. 1363 01:03:10,420 --> 01:03:13,957 it often feels that proposals put before us to 1364 01:03:13,957 --> 01:03:16,326 comment on our decisions already made. 1365 01:03:16,326 --> 01:03:20,263 we need a democratic lipid that is accountable to our 1366 01:03:20,263 --> 01:03:21,310 region's communities. 1367 01:03:21,310 --> 01:03:24,968 a lipid that is led by those most impacted by 1368 01:03:24,968 --> 01:03:26,936 decisions concerning our energy system. 1369 01:03:26,936 --> 01:03:29,305 that includes rate payers, workers, municipalities, 1370 01:03:29,305 --> 01:03:31,274 community organizations, low-income households, and 1371 01:03:31,274 --> 01:03:32,442 environmental justice communities. 1372 01:03:32,442 --> 01:03:36,780 we must ensure that those who use pay for and work 1373 01:03:36,780 --> 01:03:41,484 for the system have a say in how it runs despite the 1374 01:03:41,484 --> 01:03:45,210 flawed model utilized and its conduct lipid is, and 1375 01:03:45,210 --> 01:03:48,558 probably claims to be a public power utility. 1376 01:03:48,558 --> 01:03:51,695 and that must mean the operation management and 1377 01:03:51,695 --> 01:03:54,640 policy making of the electric utility 1378 01:03:54,640 --> 01:03:57,200 exclusively by the public for the public interest, 1379 01:03:57,200 --> 01:04:00,737 which can only be the case with ongoing and 1380 01:04:00,737 --> 01:04:01,538 meaningful engagements. 1381 01:04:01,538 --> 01:04:05,750 lipomas heed the call for public power, which only 1382 01:04:05,750 --> 01:04:08,611 grows louder every day on long island throughout the 1383 01:04:08,611 --> 01:04:10,580 state and across the country. 1384 01:04:10,580 --> 01:04:14,117 we can not afford more delays, further delay as 1385 01:04:14,117 --> 01:04:17,654 for their time money and resources waste on a 1386 01:04:17,654 --> 01:04:20,230 utility model that is structurally unreliable 1387 01:04:20,230 --> 01:04:22,759 and accountable and more expensive, more expensive. 1388 01:04:22,759 --> 01:04:26,696 none of this is addressed by the proposal before us 1389 01:04:26,696 --> 01:04:28,665 today, and we deserve better. 1390 01:04:28,665 --> 01:04:31,000 thank you for your time. 1391 01:04:31,000 --> 01:04:33,770 thank you for your comments, brian. 1392 01:04:33,770 --> 01:04:37,307 I was certainly always going to do want to 1393 01:04:37,307 --> 01:04:40,443 acknowledge the tremendous amount of time that ryan 1394 01:04:40,443 --> 01:04:44,380 has spent, and he's been at every life, a board 1395 01:04:44,380 --> 01:04:47,150 meeting and follow these first so closely. 1396 01:04:47,150 --> 01:04:49,486 so I do appreciate that. 1397 01:04:49,486 --> 01:04:53,220 uh, so george will be next followed by timothy 1398 01:04:53,220 --> 01:04:55,792 carson and then william novella, george, we're 1399 01:04:55,792 --> 01:04:59,329 bringing you in now, george you're on mute. 1400 01:04:59,329 --> 01:05:00,960 hey everybody. 1401 01:05:00,960 --> 01:05:03,633 it's george paul, val from all our energy executive 1402 01:05:03,633 --> 01:05:04,330 director. 1403 01:05:04,330 --> 01:05:07,971 uh, look, all our energy is a long island energy 1404 01:05:07,971 --> 01:05:09,939 and environment protection non-profit organization. 1405 01:05:09,939 --> 01:05:12,675 and I want to thank you, tom. 1406 01:05:12,675 --> 01:05:17,130 and the board for all of the work that you have 1407 01:05:17,130 --> 01:05:20,550 parked to improve our utility over the past 16 1408 01:05:20,550 --> 01:05:24,888 months in the push to move to what was for everyone 1409 01:05:24,888 --> 01:05:27,624 involved, the obvious choice of public power. 1410 01:05:27,624 --> 01:05:30,760 it's not that this contract doesn't make an 1411 01:05:30,760 --> 01:05:31,161 improvement. 1412 01:05:31,161 --> 01:05:34,697 the problem is not just about the contract, nor 1413 01:05:34,697 --> 01:05:35,498 the contractor. 1414 01:05:35,498 --> 01:05:38,234 it's the system of a public private 1415 01:05:38,234 --> 01:05:38,635 partnership. 1416 01:05:38,635 --> 01:05:41,771 it just continues to leave long islanders vulnerable, 1417 01:05:41,771 --> 01:05:44,908 to storms in favor of profits and business 1418 01:05:44,908 --> 01:05:48,770 interests above rate payer interests and leaves us 1419 01:05:48,770 --> 01:05:50,460 not ready for the future. 1420 01:05:50,460 --> 01:05:52,382 that system just has to go. 1421 01:05:52,382 --> 01:05:55,919 we need a full public takeover of pseg long 1422 01:05:55,919 --> 01:05:58,688 island operations to the municipal and accountable 1423 01:05:58,688 --> 01:06:01,825 lipid to gain greater grid security, cost reduction, 1424 01:06:01,825 --> 01:06:02,992 resiliency, responsiveness, and 1425 01:06:02,992 --> 01:06:03,793 accountability. 1426 01:06:03,793 --> 01:06:06,930 any new contract merely just extends the current 1427 01:06:06,930 --> 01:06:09,299 problems, risks, our safety and delays. 1428 01:06:09,299 --> 01:06:12,435 the inevitable transition that we truly thank the 1429 01:06:12,435 --> 01:06:15,205 past and presently outgoing board members for 1430 01:06:15,205 --> 01:06:19,108 their service with much of the board to be new 1431 01:06:19,108 --> 01:06:23,460 members early in the year, we do feel having them 1432 01:06:23,460 --> 01:06:26,583 decide such an important matter and then leave in 1433 01:06:26,583 --> 01:06:29,719 the coming weeks, just diminishes the great work 1434 01:06:29,719 --> 01:06:32,889 the board has done, and it diminishes accountability 1435 01:06:32,889 --> 01:06:36,426 that has been so missing from this entire process. 1436 01:06:36,426 --> 01:06:38,761 this regression back to unaccountability was 1437 01:06:38,761 --> 01:06:43,990 dropped like a bomb on all of us by the disgraced 1438 01:06:43,990 --> 01:06:45,835 former governor, and for better, for worse. 1439 01:06:45,835 --> 01:06:49,500 this allows his outgoing appointees to approve his 1440 01:06:49,500 --> 01:06:50,974 backroom deal and walk away. 1441 01:06:50,974 --> 01:06:54,110 and likewise we'll allow any new board members 1442 01:06:54,110 --> 01:06:57,647 simply to point to the past board, uh, leaving 1443 01:06:57,647 --> 01:07:00,783 the rest of us vulnerable for this, uh, 1444 01:07:00,783 --> 01:07:03,553 accountability, uh, that will be missing. 1445 01:07:03,553 --> 01:07:05,889 additionally, those contract on paper allows 1446 01:07:05,889 --> 01:07:07,857 for more metrics for accountability. 1447 01:07:07,857 --> 01:07:12,195 will the board actually go out of their way to fully 1448 01:07:12,195 --> 01:07:12,962 enforce it? 1449 01:07:12,962 --> 01:07:16,900 when we will be faced with the same question then, 1450 01:07:16,900 --> 01:07:19,669 which is who will control our grid. 1451 01:07:19,669 --> 01:07:23,206 if an unhappy contractor holds all the power and 1452 01:07:23,206 --> 01:07:26,743 stands between us and our grid, the provision for 1453 01:07:26,743 --> 01:07:30,280 nearly a year severance as well in management fees 1454 01:07:30,280 --> 01:07:33,816 for failure on such a short term contract still 1455 01:07:33,816 --> 01:07:35,785 leaves us in diminishing returns. 1456 01:07:35,785 --> 01:07:40,890 it might be a bonus for them to even get fired. 1457 01:07:40,890 --> 01:07:44,427 at some point, the proof of this is, is this being 1458 01:07:44,427 --> 01:07:47,964 a possible outcome is pseg long island testifying to 1459 01:07:47,964 --> 01:07:51,100 the new york state assembly a month after 1460 01:07:51,100 --> 01:07:53,870 this, uh, contract was announced that everything 1461 01:07:53,870 --> 01:07:57,774 was under control and not going to be a problem. 1462 01:07:57,774 --> 01:08:01,711 and then just a few days later with hurricane henri 1463 01:08:01,711 --> 01:08:05,648 coming up the coast, we were told to prepare for 1464 01:08:05,648 --> 01:08:08,480 10 to 14 days without power. 1465 01:08:08,418 --> 01:08:09,185 wait, what? 1466 01:08:09,185 --> 01:08:12,322 anyway, not withstanding that there still is no 1467 01:08:12,322 --> 01:08:12,722 guarantee. 1468 01:08:12,722 --> 01:08:16,259 they are going to be a willing and cooperative 1469 01:08:16,259 --> 01:08:19,280 participant in any transition away from them 1470 01:08:19,280 --> 01:08:19,395 ever. 1471 01:08:19,395 --> 01:08:22,165 and I see little difference, whether it 1472 01:08:22,165 --> 01:08:25,702 happens sooner or later, they have done much to 1473 01:08:25,702 --> 01:08:30,390 prove that they will not act in a way that benefits 1474 01:08:30,390 --> 01:08:34,344 us as, uh, as, as shown by their public duty attested 1475 01:08:34,344 --> 01:08:37,113 in accuracies and untruths, um, which I've 1476 01:08:37,113 --> 01:08:39,849 just mapped that past the breaking point. 1477 01:08:39,849 --> 01:08:43,786 we cannot allow them to continue to hold our power 1478 01:08:43,786 --> 01:08:44,554 over us. 1479 01:08:44,554 --> 01:08:46,923 we need to take it back. 1480 01:08:46,923 --> 01:08:49,692 this resolution to the ongoing problems though, 1481 01:08:49,692 --> 01:08:53,229 exemplifies why we believe that the lipid board and 1482 01:08:53,229 --> 01:08:55,965 ultimately governor hogan have a responsibility to 1483 01:08:55,965 --> 01:08:58,735 steer our course forward towards public power. 1484 01:08:58,735 --> 01:09:00,670 thank you all so much. 1485 01:09:00,670 --> 01:09:02,639 thank you, george timothy carson. 1486 01:09:02,639 --> 01:09:05,808 you're up next followed by william novella then 1487 01:09:05,808 --> 01:09:06,976 jennifer green. 1488 01:09:06,976 --> 01:09:08,144 good afternoon, everybody. 1489 01:09:08,144 --> 01:09:09,345 uh, my check. 1490 01:09:09,345 --> 01:09:11,314 everyone can hear me right. 1491 01:09:11,314 --> 01:09:11,681 cool. 1492 01:09:11,681 --> 01:09:13,649 could even hear me, everybody. 1493 01:09:13,649 --> 01:09:15,218 I live in cinereach. 1494 01:09:15,218 --> 01:09:19,555 my name is tim and I'm an organizer with the suffolk 1495 01:09:19,555 --> 01:09:21,524 county democratic socialists of america. 1496 01:09:21,524 --> 01:09:25,610 this reformed contract with peace egg is a half 1497 01:09:25,610 --> 01:09:28,598 measure when leiba needs to use a full measure. 1498 01:09:28,598 --> 01:09:30,967 the contract needs to be terminated. 1499 01:09:30,967 --> 01:09:34,103 the failed public private partnership model needs to 1500 01:09:34,103 --> 01:09:38,410 go and like it needs to be fully democratized, a 1501 01:09:38,410 --> 01:09:41,944 shorter leash on pse and g doesn't mean much when 1502 01:09:41,944 --> 01:09:45,515 public power is a better deal for long island. 1503 01:09:45,515 --> 01:09:47,850 maybe there's a $60 million fine. 1504 01:09:47,850 --> 01:09:51,387 like you said, mr. Falcon, but lipid zone analysis 1505 01:09:51,387 --> 01:09:55,324 says it would save nearly a billion dollars over the 1506 01:09:55,324 --> 01:09:56,125 next decade. 1507 01:09:56,125 --> 01:09:59,662 if the piece of that contract was terminated in 1508 01:09:59,662 --> 01:10:01,998 favor of full municipalization, the only 1509 01:10:01,998 --> 01:10:05,168 reason the contract was agreed upon the first 1510 01:10:05,168 --> 01:10:07,503 place is former governor cuomo. 1511 01:10:07,503 --> 01:10:10,273 so why should we settle for this? 1512 01:10:10,273 --> 01:10:13,409 exactly long island can make such a powerful 1513 01:10:13,409 --> 01:10:16,145 statement by severing ties with wasteful and 1514 01:10:16,145 --> 01:10:19,315 inefficient management of psa and siding with the 1515 01:10:19,315 --> 01:10:21,284 people that serves stakeholders and 1516 01:10:21,284 --> 01:10:23,619 ratepayers and climate change is unfortunately 1517 01:10:23,619 --> 01:10:24,821 here to stay. 1518 01:10:24,821 --> 01:10:29,125 we can expect some storms in the future to be worse 1519 01:10:29,125 --> 01:10:32,261 than tropical storms that we've witnessed in the 1520 01:10:32,261 --> 01:10:32,662 past. 1521 01:10:32,662 --> 01:10:36,599 personally, I want us to be prepared in the best 1522 01:10:36,599 --> 01:10:40,536 way we can not by having a private management service 1523 01:10:40,536 --> 01:10:43,272 provider, but a publicly owned and operated 1524 01:10:43,272 --> 01:10:46,442 utility, which of course already service about 15% 1525 01:10:46,442 --> 01:10:49,979 of americans are 13% cheaper and have 46% fewer 1526 01:10:49,979 --> 01:10:50,746 power outages. 1527 01:10:50,746 --> 01:10:53,883 the benefits of public power check, all the 1528 01:10:53,883 --> 01:10:54,283 boxes. 1529 01:10:54,283 --> 01:10:55,852 the choice is easy. 1530 01:10:55,852 --> 01:10:59,210 terminate the contract with peace sag and let's 1531 01:10:59,210 --> 01:11:00,590 democratize our power system. 1532 01:11:00,590 --> 01:11:01,758 thank you. 1533 01:11:01,758 --> 01:11:02,925 thank you, timothy. 1534 01:11:02,925 --> 01:11:06,863 uh, william develo will be up next followed by paul 1535 01:11:06,863 --> 01:11:07,263 merchenson. 1536 01:11:07,263 --> 01:11:11,200 I know, um, there were some folks that had their 1537 01:11:11,200 --> 01:11:13,569 hand up to put them down. 1538 01:11:13,569 --> 01:11:17,473 um, if there are people that would like to speak 1539 01:11:17,473 --> 01:11:21,100 on this matter, I would ask, please raise your 1540 01:11:21,100 --> 01:11:22,979 hand, william and the vela. 1541 01:11:22,979 --> 01:11:25,348 we are gonna move you in. 1542 01:11:25,348 --> 01:11:26,149 okay. 1543 01:11:26,149 --> 01:11:26,916 thank you. 1544 01:11:26,916 --> 01:11:28,885 my name is william novella. 1545 01:11:28,885 --> 01:11:32,822 I am a member of the nassau county chapter of 1546 01:11:32,822 --> 01:11:34,790 the democratic socialists of america. 1547 01:11:34,790 --> 01:11:39,950 and you know, when I came here tonight, there are a 1548 01:11:39,950 --> 01:11:44,200 few words that I had when I thought of pse and g um, 1549 01:11:44,200 --> 01:11:45,401 one was albatross. 1550 01:11:45,401 --> 01:11:48,938 the other was parasite, and either one was changed 1551 01:11:48,938 --> 01:11:51,307 by the presentation presented the speed, 1552 01:11:51,307 --> 01:11:52,475 meaning by life. 1553 01:11:52,475 --> 01:11:55,211 uh, there was absolutely nothing in that 1554 01:11:55,211 --> 01:11:57,580 presentation that demonstrated that pse and 1555 01:11:57,580 --> 01:11:59,949 g is performance in their time. 1556 01:11:59,949 --> 01:12:03,486 contracted out by life, uh, has done anything to 1557 01:12:03,486 --> 01:12:07,230 benefit really long island and has done nothing but 1558 01:12:07,230 --> 01:12:10,560 cost taxpayers much and bring harm to the people 1559 01:12:10,560 --> 01:12:11,727 in our communities. 1560 01:12:11,727 --> 01:12:14,497 excuse me, the relationship here seems to 1561 01:12:14,497 --> 01:12:18,801 be that lipid seems to be meaning to pay more and 1562 01:12:18,801 --> 01:12:22,338 more, create more and more metrics in order to 1563 01:12:22,338 --> 01:12:25,875 oversight pse and g for the work that they're 1564 01:12:25,875 --> 01:12:29,412 supposed to be doing on their own, creating more 1565 01:12:29,412 --> 01:12:32,181 costs for a mill managed relationship. 1566 01:12:32,181 --> 01:12:35,718 that seems to be quite more contractual and quite 1567 01:12:35,718 --> 01:12:39,255 frankly, abusive for the people of long island who 1568 01:12:39,255 --> 01:12:41,991 are clearly having this thrusted upon them. 1569 01:12:41,991 --> 01:12:45,928 because I would say that there are very few people 1570 01:12:45,928 --> 01:12:47,496 from the ordinary public. 1571 01:12:47,496 --> 01:12:50,266 you you're to actually give public testimony. 1572 01:12:50,266 --> 01:12:54,203 many of us who are privileged to be here this 1573 01:12:54,203 --> 01:12:56,939 evening, and quite frankly, you know, having 1574 01:12:56,939 --> 01:13:00,760 less than two months to provide public testimony 1575 01:13:00,760 --> 01:13:04,130 on it is very disingenuous on your part to push 1576 01:13:04,130 --> 01:13:06,382 forward such a contract on people. 1577 01:13:06,382 --> 01:13:10,686 so it seems to me that there seems to be very 1578 01:13:10,686 --> 01:13:12,655 little to be done here. 1579 01:13:12,655 --> 01:13:16,993 and this seems to be a decision that is going to 1580 01:13:16,993 --> 01:13:20,129 be pushed down no matter what happens after 1581 01:13:20,129 --> 01:13:20,930 december 9th. 1582 01:13:20,930 --> 01:13:24,660 so I just wanted to express that clearly 1583 01:13:24,660 --> 01:13:27,203 universalization would be the best course of action 1584 01:13:27,203 --> 01:13:31,540 that pse and g needs to be eliminated as a working 1585 01:13:31,540 --> 01:13:34,277 partner with lipid as soon as possible. 1586 01:13:34,277 --> 01:13:38,214 and if that is not the case and the flippa 1587 01:13:38,214 --> 01:13:42,919 refuses to do that, then it is up to the public and 1588 01:13:42,919 --> 01:13:46,455 to the state government to thrust a decision to 1589 01:13:46,455 --> 01:13:47,256 change that. 1590 01:13:47,256 --> 01:13:49,225 and that's where I'm at. 1591 01:13:49,225 --> 01:13:49,992 thank you. 1592 01:13:49,992 --> 01:13:51,594 and have a 1593 01:13:51,594 --> 01:13:52,762 good evening. 1594 01:13:52,762 --> 01:13:53,929 thank you, william. 1595 01:13:53,929 --> 01:13:57,990 next step will be paul merchenson, uh, followed 1596 01:13:57,990 --> 01:13:59,835 by jeremy joseph, and then jennifer green. 1597 01:13:59,835 --> 01:14:00,236 okay. 1598 01:14:00,236 --> 01:14:01,804 call your unmute. 1599 01:14:01,804 --> 01:14:02,204 okay. 1600 01:14:02,204 --> 01:14:02,972 thank you. 1601 01:14:02,972 --> 01:14:07,310 um, my name's paul mark wilson, uh, I'm uh, on the 1602 01:14:07,310 --> 01:14:09,679 steering committee of transition town, port 1603 01:14:09,679 --> 01:14:10,460 washington. 1604 01:14:10,460 --> 01:14:13,582 we are a local community group on the port 1605 01:14:13,582 --> 01:14:16,352 washington peninsula, where our mission is to, 1606 01:14:16,352 --> 01:14:19,880 um, make our community safe, secure, sustainable, 1607 01:14:19,880 --> 01:14:22,258 and resilient in the face of climate change. 1608 01:14:22,258 --> 01:14:26,562 and clearly this issue is, uh, you know, uh, dear to 1609 01:14:26,562 --> 01:14:28,531 our mission of accomplishing those 1610 01:14:28,531 --> 01:14:28,931 objectives. 1611 01:14:28,931 --> 01:14:32,468 uh, so we're really urging, um, light, but not 1612 01:14:32,468 --> 01:14:34,837 to make a rush to judgment. 1613 01:14:34,837 --> 01:14:37,173 please let the attorney general finisher 1614 01:14:37,173 --> 01:14:39,942 investigation delay your vote until all the 1615 01:14:39,942 --> 01:14:41,110 information is there. 1616 01:14:41,110 --> 01:14:45,448 and I believe, I hope that the timing of this public 1617 01:14:45,448 --> 01:14:49,352 session is to allow you to hear and gain enough 1618 01:14:49,352 --> 01:14:54,900 support from the public to do that and to move down a 1619 01:14:54,900 --> 01:14:56,459 more responsible path, secure and affordable 1620 01:14:56,459 --> 01:14:56,826 power. 1621 01:14:56,826 --> 01:15:00,363 it's too important to be subject to private profit. 1622 01:15:00,363 --> 01:15:05,101 um, I was, you know, I was struck as eric weldon was 1623 01:15:05,101 --> 01:15:07,837 by the phrase duty of candor. 1624 01:15:07,837 --> 01:15:12,174 and I just have to say that, uh, I've spent over 1625 01:15:12,174 --> 01:15:15,711 40 years, um, in the, in the private sector 1626 01:15:15,711 --> 01:15:18,470 managing, uh, large management and, uh, 1627 01:15:18,470 --> 01:15:21,984 capital projects and a lot all over the world and 1628 01:15:21,984 --> 01:15:24,754 never have I come across that phase. 1629 01:15:24,754 --> 01:15:28,290 now I understand in the public sector that there 1630 01:15:28,290 --> 01:15:31,427 are regulations and there are different things that 1631 01:15:31,427 --> 01:15:34,964 affect, uh, contracts, but I've also worked in highly 1632 01:15:34,964 --> 01:15:36,932 regulated industries in highly regulated 1633 01:15:36,932 --> 01:15:37,333 environments. 1634 01:15:37,333 --> 01:15:40,870 and that phrase to me is a exclusionary phrase. 1635 01:15:40,870 --> 01:15:44,407 it just indicates that there is no level of 1636 01:15:44,407 --> 01:15:44,807 trust. 1637 01:15:44,807 --> 01:15:47,143 and you've, you've indicated that in 1638 01:15:47,143 --> 01:15:50,679 yourselves, in the past dealings, this is not an 1639 01:15:50,679 --> 01:15:53,449 organization pse and g that's forthcoming and 1640 01:15:53,449 --> 01:15:56,585 honest and trustworthy, and they need to be 1641 01:15:56,585 --> 01:15:59,722 eliminated on that basis if not poor performance. 1642 01:15:59,722 --> 01:16:04,460 so, um, it also speaks if that, if that was in prior 1643 01:16:04,460 --> 01:16:07,997 contract, it speaks to the bankruptcy of the model, 1644 01:16:07,997 --> 01:16:09,965 the private public partnerships. 1645 01:16:09,965 --> 01:16:11,934 and again, municipalization has a 1646 01:16:11,934 --> 01:16:15,710 much better track record in terms of performance 1647 01:16:15,710 --> 01:16:17,390 and, uh, and course delivery. 1648 01:16:17,390 --> 01:16:21,343 so again, it's, it's just, I feel for you because you 1649 01:16:21,343 --> 01:16:24,880 have to be shaking your heads off screen and 1650 01:16:24,880 --> 01:16:28,417 saying, yeah, we know this, we know this, we 1651 01:16:28,417 --> 01:16:31,954 know this, but you obviously have a lot of 1652 01:16:31,954 --> 01:16:35,891 other things to, uh, uh, you know, to navigate in 1653 01:16:35,891 --> 01:16:37,860 terms of your decision making. 1654 01:16:37,860 --> 01:16:41,797 but, uh, the public voice has to be an important 1655 01:16:41,797 --> 01:16:42,965 part of that. 1656 01:16:42,965 --> 01:16:47,303 so, you know, as, as, as have said, public power is 1657 01:16:47,303 --> 01:16:48,700 not new. 1658 01:16:48,700 --> 01:16:48,871 it works. 1659 01:16:48,871 --> 01:16:52,700 it's something whose time has come, it's too 1660 01:16:52,700 --> 01:16:55,945 important, uh, uh, to, to put profit over a public 1661 01:16:55,945 --> 01:16:56,345 safety. 1662 01:16:56,345 --> 01:17:01,500 and I just want to say on a personal note that, um, 1663 01:17:01,500 --> 01:17:04,587 in the park section of port washington, where I 1664 01:17:04,587 --> 01:17:07,723 lived during, uh, ida, three of my neighbors, 1665 01:17:07,723 --> 01:17:09,692 their basements completely flooded. 1666 01:17:09,692 --> 01:17:13,629 now, I'm bringing that up, not to say that, that, 1667 01:17:13,629 --> 01:17:18,367 you know, that's a direct result of a pse and g is 1668 01:17:18,367 --> 01:17:21,904 mismanagement or that they all lost power, but it 1669 01:17:21,904 --> 01:17:25,400 indicates the severity of the climate events that 1670 01:17:25,400 --> 01:17:28,577 were facing these, uh, black swans are a hundred 1671 01:17:28,577 --> 01:17:30,946 year events that you're talking about. 1672 01:17:30,946 --> 01:17:33,682 they are totally unprepared to deal with 1673 01:17:33,682 --> 01:17:34,830 that. 1674 01:17:34,830 --> 01:17:37,219 we need a totally different model that can, 1675 01:17:37,219 --> 01:17:40,356 that can handle events that cannot be foreseen 1676 01:17:40,356 --> 01:17:43,526 because every year in every community we see 1677 01:17:43,526 --> 01:17:47,429 these is, there are things we read in the papers. 1678 01:17:47,429 --> 01:17:50,199 these are the things people are experiencing 1679 01:17:50,199 --> 01:17:51,767 and people feel threatened. 1680 01:17:51,767 --> 01:17:54,503 this is not just about their rates. 1681 01:17:54,503 --> 01:17:57,673 it's about their lives, their security, even if 1682 01:17:57,673 --> 01:18:01,210 they don't drown in their basements, as other people 1683 01:18:01,210 --> 01:18:05,147 have done in the region, they're at risk of living 1684 01:18:05,147 --> 01:18:09,510 in homes that have mold and have other, uh, health 1685 01:18:09,510 --> 01:18:12,588 and safety results as, as a result of climate 1686 01:18:12,588 --> 01:18:15,758 events, living and occupying a home that has 1687 01:18:15,758 --> 01:18:18,894 gone without power for any substantial length of 1688 01:18:18,894 --> 01:18:20,863 time, also prevents those risks. 1689 01:18:20,863 --> 01:18:23,999 so these are things that are affecting people's 1690 01:18:23,999 --> 01:18:25,568 safety, security, and lives. 1691 01:18:25,568 --> 01:18:30,306 and I just want to leave it at that because I think 1692 01:18:30,306 --> 01:18:33,420 that the personal element is very important. 1693 01:18:33,420 --> 01:18:36,579 you have safety of people and their livelihood in 1694 01:18:36,579 --> 01:18:37,379 your hands. 1695 01:18:37,379 --> 01:18:39,348 please make the responsible decisions. 1696 01:18:39,348 --> 01:18:40,516 thank you. 1697 01:18:40,516 --> 01:18:41,283 thank you. 1698 01:18:41,283 --> 01:18:45,220 call, uh, next up will be jeremy joseph followed by 1699 01:18:45,220 --> 01:18:48,757 jennifer green and then amber ruth her, uh, again, 1700 01:18:48,757 --> 01:18:53,950 a reminder, if you are on and would like to comment, 1701 01:18:53,950 --> 01:18:57,320 you do need to raise your hand to do so. 1702 01:18:57,320 --> 01:18:59,768 jeremy you're being brought in now. 1703 01:18:59,768 --> 01:19:03,706 uh, so I guess my guiding principle for this is 1704 01:19:03,706 --> 01:19:04,506 pretty simple. 1705 01:19:04,506 --> 01:19:08,430 uh, utilities are a service to the public and 1706 01:19:08,430 --> 01:19:09,979 they should be publicly owned. 1707 01:19:09,979 --> 01:19:12,748 uh, in contrast investors in private corporations 1708 01:19:12,748 --> 01:19:15,884 like pseg have one motive it's making profit. 1709 01:19:15,884 --> 01:19:19,210 uh, you cannot provide an essential service to 1710 01:19:19,210 --> 01:19:21,790 people while operating under a profit motive. 1711 01:19:21,790 --> 01:19:23,759 these things are fundamentally opposed. 1712 01:19:23,759 --> 01:19:26,895 uh, a public utility should be accountable for 1713 01:19:26,895 --> 01:19:30,432 whether it is accountable to the people it serves. 1714 01:19:30,432 --> 01:19:33,202 uh, whereas a privately operated utility only 1715 01:19:33,202 --> 01:19:34,770 answers to its shareholders. 1716 01:19:34,770 --> 01:19:37,506 uh, if pseg were completely competent in 1717 01:19:37,506 --> 01:19:39,875 its current role, uh, hypothetically speaking, 1718 01:19:39,875 --> 01:19:42,611 they would still fundamentally not be able 1719 01:19:42,611 --> 01:19:45,381 to serve the needs of our communities. 1720 01:19:45,381 --> 01:19:49,318 uh, one of the greatest needs, if not the greatest 1721 01:19:49,318 --> 01:19:53,222 is to transform our energy system into one that is 1722 01:19:53,222 --> 01:19:54,230 environmentally sustainable. 1723 01:19:54,230 --> 01:19:57,559 uh, no one should trust a private corporation to 1724 01:19:57,559 --> 01:19:59,528 drive these critical changes. 1725 01:19:59,528 --> 01:20:02,665 they're only interested in these changes as long. 1726 01:20:02,665 --> 01:20:05,434 it is, it is profitable for them. 1727 01:20:05,434 --> 01:20:08,570 uh, I'm not willing to leave our environmental 1728 01:20:08,570 --> 01:20:10,939 fate in the hands of shareholders. 1729 01:20:10,939 --> 01:20:14,843 um, now as it stands, uh, pseg has not shown 1730 01:20:14,843 --> 01:20:17,212 themselves to be a competent partner. 1731 01:20:17,212 --> 01:20:21,150 they have a long history that falls well short of 1732 01:20:21,150 --> 01:20:24,286 our expectations, and they have not even provided 1733 01:20:24,286 --> 01:20:26,655 adequate service under a current agreements. 1734 01:20:26,655 --> 01:20:30,192 so why are we extending more grace to a 1735 01:20:30,192 --> 01:20:32,561 relationship that shouldn't exist in the 1736 01:20:32,561 --> 01:20:33,329 first place? 1737 01:20:33,329 --> 01:20:37,666 um, so I know tonight and even over the however many 1738 01:20:37,666 --> 01:20:40,402 months, this process has gone on that. 1739 01:20:40,402 --> 01:20:43,172 you've heard from private citizens, from advocacy 1740 01:20:43,172 --> 01:20:45,140 groups, even from politicians like 1741 01:20:45,140 --> 01:20:47,760 legislator fleming tonight, who is 1742 01:20:47,760 --> 01:20:50,245 extensively very connected to this sort of issue. 1743 01:20:50,245 --> 01:20:52,981 um, and if overwhelmingly, oppose, continuing this 1744 01:20:52,981 --> 01:20:56,118 relationship with pseg, the only people I've heard 1745 01:20:56,118 --> 01:20:59,655 speaking in favor of this contract are those who 1746 01:20:59,655 --> 01:21:02,424 directly benefits from this con, this, this 1747 01:21:02,424 --> 01:21:05,561 relationship rather, uh, I don't really see any 1748 01:21:05,561 --> 01:21:07,930 ambiguity and these discussions, uh, all 1749 01:21:07,930 --> 01:21:10,666 community stakeholders would benefit from a full 1750 01:21:10,666 --> 01:21:13,350 month municipalization of our power grid. 1751 01:21:13,350 --> 01:21:16,171 and this relationship with p seg should end. 1752 01:21:16,171 --> 01:21:17,372 thank you. 1753 01:21:17,372 --> 01:21:18,540 thank you, jeremy. 1754 01:21:18,540 --> 01:21:21,677 uh, jennifer green, then amber ruther and then 1755 01:21:21,677 --> 01:21:22,478 billy roberto. 1756 01:21:22,478 --> 01:21:26,140 and I would remind everyone, if you do have 1757 01:21:26,140 --> 01:21:29,151 an interest in speaking tonight, raise your hand. 1758 01:21:29,151 --> 01:21:33,880 there's a button on the bottom of the screen on 1759 01:21:33,880 --> 01:21:33,489 zoom. 1760 01:21:33,489 --> 01:21:37,250 somebody had suggested we point that out in case 1761 01:21:37,250 --> 01:21:38,594 there was some confusion. 1762 01:21:38,594 --> 01:21:41,730 so jennifer, we're bringing you in now. 1763 01:21:41,730 --> 01:21:42,531 thanks soundcheck. 1764 01:21:42,531 --> 01:21:44,990 can I be heard? 1765 01:21:44,990 --> 01:21:45,667 we can hear you. 1766 01:21:45,667 --> 01:21:46,680 great. 1767 01:21:46,680 --> 01:21:49,605 hello, and thank you all for the opportunity to 1768 01:21:49,605 --> 01:21:49,972 speak. 1769 01:21:49,972 --> 01:21:51,573 turn on my camera. 1770 01:21:51,573 --> 01:21:52,741 there we go. 1771 01:21:52,741 --> 01:21:57,446 this is my first time at a public hearing and I will 1772 01:21:57,446 --> 01:21:58,247 be brief. 1773 01:21:58,247 --> 01:22:01,383 I am a longtime rate payer in bellport. 1774 01:22:01,383 --> 01:22:04,520 I'm also a member of suffolk county, democratic 1775 01:22:04,520 --> 01:22:08,560 socialists of america, and I'm the daughter of an 1776 01:22:08,560 --> 01:22:10,425 energy economist who studied utilities among 1777 01:22:10,425 --> 01:22:11,226 other things. 1778 01:22:11,226 --> 01:22:15,531 and if he were alive today, I know he'd be here 1779 01:22:15,531 --> 01:22:17,990 speaking to you too. 1780 01:22:17,990 --> 01:22:21,837 so I'm here tonight to add my voice to the many who 1781 01:22:21,837 --> 01:22:24,573 are calling for full municipalization of long 1782 01:22:24,573 --> 01:22:26,141 island's power third-party management. 1783 01:22:26,141 --> 01:22:28,911 isn't what we need publicly owned utilities, 1784 01:22:28,911 --> 01:22:30,479 better on numerous counts. 1785 01:22:30,479 --> 01:22:34,160 and when I learned that the former governor may 1786 01:22:34,160 --> 01:22:35,984 have exerted undue influence undemocratic 1787 01:22:35,984 --> 01:22:36,385 interference. 1788 01:22:36,385 --> 01:22:37,553 I was disturbed. 1789 01:22:37,553 --> 01:22:38,720 we deserve better. 1790 01:22:38,720 --> 01:22:43,580 I, and so many others don't want to see you vote 1791 01:22:43,580 --> 01:22:45,270 in favor of this contract. 1792 01:22:45,270 --> 01:22:48,564 we want life, but to commit to public power. 1793 01:22:48,564 --> 01:22:49,731 thank you. 1794 01:22:49,731 --> 01:22:53,268 thank you, jennifer and birther will be next and 1795 01:22:53,268 --> 01:22:56,380 then followed by billy rubber king. 1796 01:22:56,380 --> 01:22:59,575 hello, my name is andrew ruther and I'm with 1797 01:22:59,575 --> 01:23:03,111 alliance for a green economy, which is a member 1798 01:23:03,111 --> 01:23:06,248 of the statewide public power in new york 1799 01:23:06,248 --> 01:23:09,785 coalition, as well as an intervener in utility rate 1800 01:23:09,785 --> 01:23:11,353 cases around the state. 1801 01:23:11,353 --> 01:23:16,910 um, and I'm here to ask for an end to like this 1802 01:23:16,910 --> 01:23:19,228 contract with pcyc in favor of fully public 1803 01:23:19,228 --> 01:23:21,196 power that is democratically controlled 1804 01:23:21,196 --> 01:23:21,964 for now. 1805 01:23:21,964 --> 01:23:25,901 I urge the wipe of board to delay this vote, 1806 01:23:25,901 --> 01:23:29,370 suspend this process and fully commit to developing 1807 01:23:29,370 --> 01:23:31,600 a roadmap for public power. 1808 01:23:31,600 --> 01:23:34,543 we will also be working on developing legislation to 1809 01:23:34,543 --> 01:23:37,312 implement public power with the real logic 1810 01:23:37,312 --> 01:23:39,648 reimagine lipid coalition, since legislation is 1811 01:23:39,648 --> 01:23:42,818 clearly needed at this point, this new contract 1812 01:23:42,818 --> 01:23:46,355 with p sec, well making minor reforms does nothing 1813 01:23:46,355 --> 01:23:50,259 to address the root of the issue with their poor 1814 01:23:50,259 --> 01:23:52,628 performance, that their for-profit monopoly, who 1815 01:23:52,628 --> 01:23:55,397 profit for providing an essential service because 1816 01:23:55,397 --> 01:23:59,301 of this, no matter how much we try to micromanage 1817 01:23:59,301 --> 01:24:01,270 them with complex incentives, which 1818 01:24:01,270 --> 01:24:04,806 essentially amounts to doing their job for them. 1819 01:24:04,806 --> 01:24:07,976 and no matter how exhaustively we spell out 1820 01:24:07,976 --> 01:24:10,712 their responsibilities in a contract, they will 1821 01:24:10,712 --> 01:24:13,482 always have an incentive to prioritize their 1822 01:24:13,482 --> 01:24:16,618 profits over workers, rate payers in the environment. 1823 01:24:16,618 --> 01:24:20,155 and they will always have an incentive to find 1824 01:24:20,155 --> 01:24:23,292 loopholes to lie and misreport metrics to do 1825 01:24:23,292 --> 01:24:27,229 the bare minimum in terms of service, to defer basic 1826 01:24:27,229 --> 01:24:30,365 grid maintenance and to operate with a skeleton 1827 01:24:30,365 --> 01:24:33,902 crew of workers who are then unable to restore 1828 01:24:33,902 --> 01:24:35,871 power quickly during climate disasters. 1829 01:24:35,871 --> 01:24:39,408 so just tropical storm as aas, and then intervener 1830 01:24:39,408 --> 01:24:42,177 and utility rate cases around new york. 1831 01:24:42,177 --> 01:24:45,714 and I've seen the ways in which complex performance 1832 01:24:45,714 --> 01:24:48,450 metrics such as earnings adjustment mechanisms have 1833 01:24:48,450 --> 01:24:51,219 largely failed to address performance issues and 1834 01:24:51,219 --> 01:24:55,524 have only led to increased rates for rate pairs at a 1835 01:24:55,524 --> 01:24:59,610 time when over a million new yorkers already can't 1836 01:24:59,610 --> 01:25:00,629 afford their utility bills. 1837 01:25:00,629 --> 01:25:03,398 there's also no true way to hold. 1838 01:25:03,398 --> 01:25:06,134 [inaudible] accountable to the people they asked 1839 01:25:06,134 --> 01:25:07,336 sensibly serve. 1840 01:25:07,336 --> 01:25:10,872 while the dps may find them for more poor 1841 01:25:10,872 --> 01:25:13,608 performance, they're unable to find them an 1842 01:25:13,608 --> 01:25:16,378 amount that would severely impact share holder 1843 01:25:16,378 --> 01:25:19,114 profits, because then psa's cost of capital 1844 01:25:19,114 --> 01:25:23,510 would go up harming rate payers, and they may even 1845 01:25:23,510 --> 01:25:26,989 become unable to raise the capital, but they need to 1846 01:25:26,989 --> 01:25:28,957 function a basic human need. 1847 01:25:28,957 --> 01:25:32,861 that's a national monopoly should never be left up to 1848 01:25:32,861 --> 01:25:36,310 a for-profit and long islanders have been harmed 1849 01:25:36,310 --> 01:25:38,767 by the impacts of failed public private 1850 01:25:38,767 --> 01:25:40,736 partnerships for far too long. 1851 01:25:40,736 --> 01:25:44,272 we've seen the worst case scenario of what can 1852 01:25:44,272 --> 01:25:47,809 happen in places like texas or the energy people 1853 01:25:47,809 --> 01:25:51,747 need to survive is treated as a commodity to profit 1854 01:25:51,747 --> 01:25:54,483 from instead of as a human, right. 1855 01:25:54,483 --> 01:25:58,200 there's a reason that p sag has poor risk 1856 01:25:58,200 --> 01:25:58,420 management. 1857 01:25:58,420 --> 01:26:01,957 it's because they know the biggest risks of their 1858 01:26:01,957 --> 01:26:02,758 utility operations. 1859 01:26:02,758 --> 01:26:05,894 the risks of climate change, the risks of 1860 01:26:05,894 --> 01:26:09,431 safety issues for workers and the risks of blackouts 1861 01:26:09,431 --> 01:26:13,368 that will force people to miss work through his food 1862 01:26:13,368 --> 01:26:16,905 and medication, or even freeze to death will fall 1863 01:26:16,905 --> 01:26:20,420 on the backs of long islanders, not on 1864 01:26:20,420 --> 01:26:22,411 shareholders in any private monopoly, risks 1865 01:26:22,411 --> 01:26:25,147 and costs are socialized and profits are 1866 01:26:25,147 --> 01:26:25,947 privatized. 1867 01:26:25,947 --> 01:26:29,484 peace is the only utility in the country that 1868 01:26:29,484 --> 01:26:32,220 operates with a public private partnership model. 1869 01:26:32,220 --> 01:26:34,589 and there's a reason for that. 1870 01:26:34,589 --> 01:26:38,126 it doesn't work in the words of assembly member, 1871 01:26:38,126 --> 01:26:38,927 doug smith. 1872 01:26:38,927 --> 01:26:41,663 we have a frankenstein monster of utilities. 1873 01:26:41,663 --> 01:26:44,320 it's the worst of both worlds. 1874 01:26:44,320 --> 01:26:47,969 life is unaccountable to the people and we have the 1875 01:26:47,969 --> 01:26:51,106 monopoly of peace egg, which under the current 1876 01:26:51,106 --> 01:26:54,242 structure is guaranteed to make a profit while 1877 01:26:54,242 --> 01:26:55,811 utilizing lipos nonprofit status. 1878 01:26:55,811 --> 01:26:58,180 it's reprehensible that the options analysis, 1879 01:26:58,180 --> 01:27:01,717 which clearly showed that a fully public system was 1880 01:27:01,717 --> 01:27:06,540 by far the best option for rate payers and that the 1881 01:27:06,540 --> 01:27:08,790 public hearings were around 90% of testimony 1882 01:27:08,790 --> 01:27:11,159 was in favor of public power. 1883 01:27:11,159 --> 01:27:14,296 it was essentially ignored and overruled by a 1884 01:27:14,296 --> 01:27:17,320 backroom deal made by disgraced former governor 1885 01:27:17,320 --> 01:27:17,833 andrew cuomo. 1886 01:27:17,833 --> 01:27:22,170 we believe the onus is now on governor hoco to steer 1887 01:27:22,170 --> 01:27:24,506 a chorus back toward public power. 1888 01:27:24,506 --> 01:27:26,875 she must reject your predecessor. 1889 01:27:26,875 --> 01:27:30,412 so's failed vision and embrace a proven model for 1890 01:27:30,412 --> 01:27:33,148 ensuring long island has reliable, affordable, and 1891 01:27:33,148 --> 01:27:33,949 renewable power. 1892 01:27:33,949 --> 01:27:37,486 why should long island rate pairs be forced to 1893 01:27:37,486 --> 01:27:41,423 pay 65 to $75 million more per year for public 1894 01:27:41,423 --> 01:27:43,792 private partnership that continually fails them? 1895 01:27:43,792 --> 01:27:47,696 u s the u s already has 2000 fully public 1896 01:27:47,696 --> 01:27:50,866 utilities are electric co-ops and we know they 1897 01:27:50,866 --> 01:27:51,233 work. 1898 01:27:51,233 --> 01:27:55,170 we don't need to guess on average, they're 13% more 1899 01:27:55,170 --> 01:27:58,306 affordable and have passed the average direct outage 1900 01:27:58,306 --> 01:28:00,275 duration times of private utilities. 1901 01:28:00,275 --> 01:28:03,445 public utilities also have more freedom to innovate. 1902 01:28:03,445 --> 01:28:05,781 many have expanded, renewable energy and 1903 01:28:05,781 --> 01:28:08,550 electric heat pumps more quickly than private 1904 01:28:08,550 --> 01:28:08,950 utilities. 1905 01:28:08,950 --> 01:28:12,870 and chattanooga's electric power board was the first 1906 01:28:12,870 --> 01:28:15,624 to invest in fiber optics, laying the groundwork for 1907 01:28:15,624 --> 01:28:16,391 world-class grid. 1908 01:28:16,391 --> 01:28:20,328 and that has reduced power outages by 60% and save 1909 01:28:20,328 --> 01:28:23,980 this city close to $60 million annually. 1910 01:28:23,980 --> 01:28:27,402 we know public ownership in and of itself is not a 1911 01:28:27,402 --> 01:28:28,203 panacea. 1912 01:28:28,203 --> 01:28:30,572 we also need robust democratic governance 1913 01:28:30,572 --> 01:28:33,708 mechanisms to ensure that the interest of workers 1914 01:28:33,708 --> 01:28:36,444 rate payers reliability and the environment are 1915 01:28:36,444 --> 01:28:36,845 balanced. 1916 01:28:36,845 --> 01:28:40,782 that's why I also support the proposal to add an 1917 01:28:40,782 --> 01:28:43,919 observatory and an elected light lipid board that 1918 01:28:43,919 --> 01:28:45,487 would foster public engagement. 1919 01:28:45,487 --> 01:28:49,240 people that are tired of spending hours at sham 1920 01:28:49,240 --> 01:28:52,561 public hearings, where they have no real voice or 1921 01:28:52,561 --> 01:28:56,498 influence this board has a choice to make vote in 1922 01:28:56,498 --> 01:29:00,350 favor of the contract and betrayed like this rate 1923 01:29:00,350 --> 01:29:03,972 pairs or cut ties with pcyc and commit to fully 1924 01:29:03,972 --> 01:29:05,941 public power on long islands. 1925 01:29:05,941 --> 01:29:08,677 I urge you to do the ladder. 1926 01:29:08,677 --> 01:29:09,878 thank you. 1927 01:29:09,878 --> 01:29:11,460 thank you, amber. 1928 01:29:11,460 --> 01:29:13,415 uh, next step is billy roberto. 1929 01:29:13,415 --> 01:29:16,551 uh, at this point, following billy, uh, there 1930 01:29:16,551 --> 01:29:20,880 are no other members of the public than currently 1931 01:29:20,880 --> 01:29:21,656 have their hands raised. 1932 01:29:21,656 --> 01:29:25,193 so I would encourage anyone that is here that 1933 01:29:25,193 --> 01:29:29,130 has not yet spoken that would like to please raise 1934 01:29:29,130 --> 01:29:29,931 your hand. 1935 01:29:29,931 --> 01:29:33,835 now we're going to bring billy in right now. 1936 01:29:33,835 --> 01:29:34,636 good evening. 1937 01:29:34,636 --> 01:29:36,605 my name is billy [inaudible]. 1938 01:29:36,605 --> 01:29:40,909 I'm a member of mothers out front and have been a 1939 01:29:40,909 --> 01:29:43,678 homeowner in huntington station for 25 years. 1940 01:29:43,678 --> 01:29:47,616 I have lived through life, a key keyspan like the 1941 01:29:47,616 --> 01:29:49,584 national grid and lipid pc. 1942 01:29:49,584 --> 01:29:53,488 and I can tell you the public private model does 1943 01:29:53,488 --> 01:29:54,289 not work. 1944 01:29:54,289 --> 01:29:58,226 how many times does the model have to fail before 1945 01:29:58,226 --> 01:30:01,763 we rejected in favor of a fully public liper? 1946 01:30:01,763 --> 01:30:04,900 yes, this contract is better than the previous 1947 01:30:04,900 --> 01:30:08,436 one, but a less flawed contract cannot fix a 1948 01:30:08,436 --> 01:30:09,604 totally flawed model. 1949 01:30:09,604 --> 01:30:12,774 I will not belabor what has gone wrong. 1950 01:30:12,774 --> 01:30:13,141 others. 1951 01:30:13,141 --> 01:30:14,743 I've already done that. 1952 01:30:14,743 --> 01:30:19,447 what I will do is share my vision of what we need 1953 01:30:19,447 --> 01:30:23,385 from an electric utility and what life it can be. 1954 01:30:23,385 --> 01:30:28,890 if the cheapest one is the one we don't use, then the 1955 01:30:28,890 --> 01:30:30,580 cheapest private partner is none. 1956 01:30:30,580 --> 01:30:33,995 libre can do better as a municipal utility, but how 1957 01:30:33,995 --> 01:30:35,964 we redesign lipase key. 1958 01:30:35,964 --> 01:30:39,501 that is why I'm part of the re-imagined life. 1959 01:30:39,501 --> 01:30:40,268 a coalition. 1960 01:30:40,268 --> 01:30:44,205 we are calling on governor hochul to support us in 1961 01:30:44,205 --> 01:30:47,342 pursuing a path to an innovative, fully public 1962 01:30:47,342 --> 01:30:48,143 utility model. 1963 01:30:48,143 --> 01:30:50,512 the light by electric rate payers. 1964 01:30:50,512 --> 01:30:53,648 I believe that with the legislation being prepared 1965 01:30:53,648 --> 01:30:56,170 with the help of re-imagined lipid 1966 01:30:56,170 --> 01:30:59,554 coalition, we can have a light, but that will 1967 01:30:59,554 --> 01:31:01,890 become all we needed to be. 1968 01:31:01,890 --> 01:31:05,600 we need a customer focused utility that is 1969 01:31:05,600 --> 01:31:07,280 accountable, reliable, transparent, and equitable 1970 01:31:07,280 --> 01:31:10,165 with more public input and better leadership in 1971 01:31:10,165 --> 01:31:11,333 decarbonizing our buildings. 1972 01:31:11,333 --> 01:31:15,270 we need a light bulb that answers to its customers. 1973 01:31:15,270 --> 01:31:18,600 we need leadership focused on moving aggressively 1974 01:31:18,600 --> 01:31:19,974 towards electric electrification and the 1975 01:31:19,974 --> 01:31:21,543 greening of our grid. 1976 01:31:21,543 --> 01:31:23,511 our future lies in electrification. 1977 01:31:23,511 --> 01:31:27,449 and for that, it needs to be reliable and renewable. 1978 01:31:27,449 --> 01:31:31,386 we need to revise the rate structure and make it 1979 01:31:31,386 --> 01:31:32,187 totally transparent. 1980 01:31:32,187 --> 01:31:35,724 as it stands now, delivery and service charges are 1981 01:31:35,724 --> 01:31:39,260 skewed lower for fossil fuel users and higher for 1982 01:31:39,260 --> 01:31:40,829 all electric homes. 1983 01:31:40,829 --> 01:31:43,965 as the state moves into electrifying all business, 1984 01:31:43,965 --> 01:31:47,502 all buildings, we must have a rate structure that 1985 01:31:47,502 --> 01:31:50,638 shortages customers for what it actually costs to 1986 01:31:50,638 --> 01:31:51,439 deliver service. 1987 01:31:51,439 --> 01:31:55,377 this should be the same for both me and my 1988 01:31:55,377 --> 01:31:59,280 neighbors, but I pay more because I heat with an 1989 01:31:59,280 --> 01:32:02,500 electric heat pump volume metric consumption costs 1990 01:32:02,500 --> 01:32:05,186 can be recovered via charge, separate from the 1991 01:32:05,186 --> 01:32:05,987 delivery charge. 1992 01:32:05,987 --> 01:32:09,924 your current rate plan for 2022 creates a quote solar 1993 01:32:09,924 --> 01:32:11,860 tax for new solar adopters. 1994 01:32:11,860 --> 01:32:15,397 if instead, the basic service charge a per day 1995 01:32:15,397 --> 01:32:18,566 rate included all the costs associated with the 1996 01:32:18,566 --> 01:32:20,902 operation and maintenance of electric grid, 1997 01:32:20,902 --> 01:32:24,439 including the cost of debt service and the transition 1998 01:32:24,439 --> 01:32:28,376 to a new bubbles, but not the amount of kilowatt 1999 01:32:28,376 --> 01:32:29,177 hours consumed. 2000 01:32:29,177 --> 01:32:32,714 it would create a level playing field for all. 2001 01:32:32,714 --> 01:32:36,251 after all those with net metered solar systems like 2002 01:32:36,251 --> 01:32:40,555 me utilize the grid to and should pay for its upkeep, 2003 01:32:40,555 --> 01:32:44,920 as it is those who make this transition early, 2004 01:32:44,920 --> 01:32:47,262 like me are being penalized by the system 2005 01:32:47,262 --> 01:32:47,662 charges. 2006 01:32:47,662 --> 01:32:50,799 while those who remain on fossil fuels are 2007 01:32:50,799 --> 01:32:52,767 unintentionally incentivized to stay on 2008 01:32:52,767 --> 01:32:53,134 them. 2009 01:32:53,134 --> 01:32:56,304 this works against the goals of the climate 2010 01:32:56,304 --> 01:32:59,400 leadership and community protection act and light 2011 01:32:59,400 --> 01:33:02,177 bulb because the leica will benefit from the 2012 01:33:02,177 --> 01:33:04,145 increased consumption as electrification advances. 2013 01:33:04,145 --> 01:33:08,820 I trust that as we move into the future, both 2014 01:33:08,820 --> 01:33:11,219 municipalization and a new rate structure will be 2015 01:33:11,219 --> 01:33:13,988 instituted for the betterment of our children 2016 01:33:13,988 --> 01:33:15,156 and their children. 2017 01:33:15,156 --> 01:33:16,357 thank you. 2018 01:33:16,357 --> 01:33:17,525 thank you, billy. 2019 01:33:17,525 --> 01:33:21,620 uh, we did have one additional hand raised a 2020 01:33:21,620 --> 01:33:21,830 christian array. 2021 01:33:21,830 --> 01:33:25,400 we were going to bring in right now. 2022 01:33:25,400 --> 01:33:26,568 here we go. 2023 01:33:26,568 --> 01:33:27,735 hi, my check. 2024 01:33:27,735 --> 01:33:28,937 cool, good evening. 2025 01:33:28,937 --> 01:33:33,241 my name is krishna house and I am the co-chair of 2026 01:33:33,241 --> 01:33:34,420 suffolk county. 2027 01:33:34,420 --> 01:33:37,579 dss looked so a working group, suffolk county dsa 2028 01:33:37,579 --> 01:33:41,516 is a full partner in the public power, new york 2029 01:33:41,516 --> 01:33:43,852 coalition and to re-imagine the lipid 2030 01:33:43,852 --> 01:33:46,621 campaign, the lipid board members zoned findings 2031 01:33:46,621 --> 01:33:49,357 after tropical storm [inaudible] are enough to 2032 01:33:49,357 --> 01:33:51,726 disqualify pisa from handling our electric 2033 01:33:51,726 --> 01:33:52,126 grid. 2034 01:33:52,126 --> 01:33:56,300 yet the lipid board is poised to hand it right 2035 01:33:56,300 --> 01:34:00,368 back to the company that failed to take care of it 2036 01:34:00,368 --> 01:34:00,768 further. 2037 01:34:00,768 --> 01:34:04,305 the board determined that repairs can save nearly a 2038 01:34:04,305 --> 01:34:06,674 billion dollars over the next decade. 2039 01:34:06,674 --> 01:34:09,811 if it terminated the contract with pcyc, they 2040 01:34:09,811 --> 01:34:12,147 therefore have the responsibility to explain 2041 01:34:12,147 --> 01:34:15,717 why that money will be going to management fees 2042 01:34:15,717 --> 01:34:17,652 and not improving our infrastructure. 2043 01:34:17,652 --> 01:34:21,589 there are forms list open the terms of the contract 2044 01:34:21,589 --> 01:34:25,126 are positive, but we have no confidence that they 2045 01:34:25,126 --> 01:34:27,950 will be fully implemented. 2046 01:34:27,950 --> 01:34:30,231 pcyc has continued to lie and slow roll. 2047 01:34:30,231 --> 01:34:33,401 its promised improvements after sies and we are 2048 01:34:33,401 --> 01:34:35,370 still left in the lurch. 2049 01:34:35,370 --> 01:34:39,274 tonight is the only say we like the repairs we'll 2050 01:34:39,274 --> 01:34:40,875 have in the decision. 2051 01:34:40,875 --> 01:34:44,412 when we spoke last summer, we were nearly unanimous 2052 01:34:44,412 --> 01:34:46,748 and asking them like, [inaudible] full 2053 01:34:46,748 --> 01:34:47,148 municipalization. 2054 01:34:47,148 --> 01:34:50,685 yet you members of the light bulb board ignored 2055 01:34:50,685 --> 01:34:51,850 us. 2056 01:34:51,850 --> 01:34:53,821 when governor cuomo called you listen officially, 2057 01:34:53,821 --> 01:34:56,191 cuomo's no longer in charge yet. 2058 01:34:56,191 --> 01:34:59,327 this contract has his fingerprints all over it. 2059 01:34:59,327 --> 01:35:03,264 now with less than a month until your terms expire, 2060 01:35:03,264 --> 01:35:05,633 you're carrying out the disgrace governors 2061 01:35:05,633 --> 01:35:07,201 commands without second thought. 2062 01:35:07,201 --> 01:35:09,938 fortunately, when you municipalize, we will end 2063 01:35:09,938 --> 01:35:13,474 the days of points of boards that ignore to 2064 01:35:13,474 --> 01:35:13,875 people. 2065 01:35:13,875 --> 01:35:17,412 and we will democratize like was born then and 2066 01:35:17,412 --> 01:35:20,949 will be cleared that if anyone wants to take 2067 01:35:20,949 --> 01:35:24,485 leadership of our electric grid, they will have to 2068 01:35:24,485 --> 01:35:27,255 listen to liberate pairs, not political leaders. 2069 01:35:27,255 --> 01:35:28,423 thank you. 2070 01:35:28,423 --> 01:35:29,591 thank you, christian. 2071 01:35:29,591 --> 01:35:29,991 okay. 2072 01:35:29,991 --> 01:35:34,729 this time we have no one else lined up in the queue 2073 01:35:34,729 --> 01:35:37,465 to speak one last opportunity for anyone 2074 01:35:37,465 --> 01:35:41,200 that may have missed the raise hand function in 2075 01:35:41,200 --> 01:35:41,402 zoom. 2076 01:35:41,402 --> 01:35:41,803 okay. 2077 01:35:41,803 --> 01:35:46,507 being none on tom, I will turn it back over to you 2078 01:35:46,507 --> 01:35:47,675 to close. 2079 01:35:47,675 --> 01:35:50,845 I just want to thank everybody for spending 2080 01:35:50,845 --> 01:35:54,749 your evening or a good portion of it with us 2081 01:35:54,749 --> 01:35:55,950 talking about electricity. 2082 01:35:55,950 --> 01:35:59,887 as I started off with york, my kind of crowd 2083 01:35:59,887 --> 01:36:03,424 that you want to spend your evening talking about 2084 01:36:03,424 --> 01:36:03,791 electric. 2085 01:36:03,791 --> 01:36:08,129 uh, when I go home, my wife doesn't have the same 2086 01:36:08,129 --> 01:36:10,865 level of interest that I get here. 2087 01:36:10,865 --> 01:36:12,834 so I really appreciate it. 2088 01:36:12,834 --> 01:36:16,371 uh, and thank you for contributing to our public 2089 01:36:16,371 --> 01:36:16,771 dialogue. 2090 01:36:16,771 --> 01:36:19,907 uh, we will be, uh, conveying this material, 2091 01:36:19,907 --> 01:36:21,509 uh, on our website. 2092 01:36:21,509 --> 01:36:24,646 we will also be accepting additional public comment 2093 01:36:24,646 --> 01:36:27,782 at our december 15th meeting and in writing. 2094 01:36:27,782 --> 01:36:31,319 so if you're no anyone that wants to contribute 2095 01:36:31,319 --> 01:36:34,880 that wasn't able to make it tonight. 2096 01:36:34,880 --> 01:36:37,625 uh, we have a couple more opportunities, but with 2097 01:36:37,625 --> 01:36:39,961 that really appreciate everybody coming out. 2098 01:36:39,961 --> 01:36:42,330 your thoughts are important, especially when 2099 01:36:42,330 --> 01:36:45,867 I acknowledge many of you that have been, uh, 2100 01:36:45,867 --> 01:36:47,835 consistently interested reading reports, uh, 2101 01:36:47,835 --> 01:36:50,571 showing up at board meetings, contributing to 2102 01:36:50,571 --> 01:36:54,509 the public dialogue for a very long period of time. 2103 01:36:54,509 --> 01:36:56,770 and you are heard. 2104 01:36:56,770 --> 01:36:58,846 so with that, thank you very much. 2105 01:36:58,846 --> 01:37:02,000 and I look forward to continuing our conversation.