Public Service : PSEG Long Island, LIPA, State and Local Officials Agree to Underground Stretch of Electric Service in Eastport

(Uniondale, NY - January 4, 2019) - PSEG Long Island, the Long Island Power Authority (LIPA) and the hamlet of Eastport today announced that a nearly one-mile stretch of Eastport's overhead storm-hardened transmission pole project would be placed underground, satisfying local concerns and ending pending litigation.

PSEG Long Island will underground lines that are currently on approximately 24 storm-hardened poles in Eastport, from Sunrise Highway's south service ramp to the Eastport substation on Montauk Highway. The project is expected to be complete in 2020 following required permitting, procurement, engineering studies, other design and construction-related tasks.

This agreement resulted from meetings and discussions among LIPA, PSEG Long Island, NY State Senator Ken LaValle, NY State Assemblyman Fred Thiele, Brookhaven Town Supervisor Ed Romaine, and Southampton Town Supervisor Jay Schneiderman.

Together, PSEG Long Island and LIPA have and will continue to meet all legal and regulatory requirements for new construction, and focus on ensuring wide public notice on all future projects.

Dan Eichhorn, President and Chief Operating Officer of PSEG Long Island, said 'PSEG Long Island is a local company that cares about our communities, and eagerly worked closely with local and state elected officials and community leaders. This solution upholds our commitment to provide safety, reliability and customer satisfaction while keeping costs as low as possible.'

Tom Falcone, Chief Executive Officer, LIPA, said, 'This undergrounding balances local concerns and promotes a consistent, fair standard for undergrounding electric service.'

In 2017, the LIPA Board of Trustees adopted an undergrounding policy and supplemental standards to affirm fairness, transparency, and local decision-making for qualifying major construction projects. This policy provides communities across Long Island with consistent standards for placing transmission lines underground in the effort to enhance community character.

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PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a 12-year contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Incorporated (NYSE:PEG), a publicly traded diversified energy company with annual revenues of $9.1 billion.