D&B Sponsors LIMBA Meeting Featuring Tom Falcone, LIPA CEO

Posted on November 3, 2017

8 - LIMBA Tom Falcone Meeting 2On Friday, Nov. 3, D&B sponsored and attended Long Island Metro Business Action’s (LIMBA) meeting that featured a keynote presentation from Long Island Power Authority (LIPA) CEO Tom Falcone. The event provided D&B’s Executive Vice President, Steven A. Fangmann, P.E., BCEE, an opportunity to discuss the firm’s services and how we can support LIPA’s sustainability and energy initiatives.The topics covered by Mr. Falcone included:

»» An explanation of how LIPA and PSEG-LI’s private-public partnership (P3), in which LIPA owns the system and PSEG-LI repairs and maintains the system, facilitates access to FEMA funds for catastrophic events and saves taxpayers money

»» Long Island’s $730M storm hardening program post-Superstorm Sandy, including the replacement of old and broken poles with more robust poles, wire replacement and upgrades, and elevation of flood-prone electric substations

»» The cost of repowering, where old inefficient plants are taken down and rebuilt using modern equipment, is not justified by the results and net savings LIPA’s climate goals, such as clean energy on Long Island; rooftop solar and energy efficiency; research, including a study of Long Island’s generation and transmission needs; and a partnership with the New York State Energy Research and Development Authority (NYSERDA)