PSEG LI Utility 2.0 Long Range Plan

Posted: July 1, 2014 - 17:00 / NY DPS / ESA Filings

PSEG Long Island (“PSEG Long Island”) submits this Utility 2.0 Long Range Plan 
(“Utility 2.0 Plan” or “Plan”) in accordance with Public Authorities Law Section 1020-f(ee) and the Amended and Restated Operations Services Agreement (“OSA”) dated 
December 31, 2013, for approval by the Long Island Power Authority (“the Authority” or “LIPA”) and review by the New York State Department of Public Service (“DPS”). The 
OSA requires that PSEG Long Island submit this inaugural Utility 2.0 Plan no later than July 1, 2014, and annually thereafter.

PSEG Long Island, as the Authority’s Service Provider, is committed to building an 
industry leading electric company dedicated to providing the people of Long Island and the Rockaways with exceptional customer service, best-in-class reliability and storm response, and a strong level of involvement in the communities in which its customers and employees live and work. This proposed Utility 2.0 Plan serves as the first in a series of annual long-range capital and operating plans contemplated by the Public Authorities Law and the OSA to help facilitate this objective.