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DTSTART;TZID=America/New_York:20130809T000000
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UID:4571-1376006400-1376006400@limba.net
SUMMARY:No meeting scheduled
DESCRIPTION:
URL:https://limba.net/calendar/no-meeting-scheduled-5/
LOCATION:NY
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UID:4570-1376611200-1376611200@limba.net
SUMMARY:David M. Daly  Vice President-LIPA Transition. spons BRT
DESCRIPTION:Today’s speaker was Dave Daly\, Vice President of PSE&G – LIPA transition. \n  \nMr.  Daly comes from a service area that has many similarities to Long  Island. That experience lends itself to operating on Long Island with  confidence. Mr. Daly outlined a number of initiatives. As he put it  "PSE&G will be putting plans together so that they can hit the  ground running" on January 1\, 2014. \n  \nDaly  suggested that a mundane operation such as tree trimming is like  changing the oil on your car. If you don’t do it not much happens at  first\, but you set yourself up for failure over time. Examining the  system when everything is normal sometimes gets left out when budgets  are running out near the end of the year. That can be avoided by using  realistic and disciplined procedures. The same is true with pole  inspections. Poles deteriorate\, and if you do not check them for decay  and equipment deterioration they will fail\, eventually. \n  \nHe  spent some time on communications as well. There is a need to keep the  public informed and these procedures. Investments in technology that  will facilitate these goals will be made. Mr. Daly stressed the need to  be an active part of the community and being at LIMBA was just part of  that process. \n  \nMr  Daly addressed the unions\, and the inference was that unions are  partners more than adversaries. Good relations with the unions are  expected and the union people in the room appeared to be happy with the  new situation. \n  \nDaly referred to Key Process Improvements. 80 recommendations are anticipated including Storm Process and Asset Management \n  \nQuestions  came up about alternative energy. As solar and wind become more  available and installed there has to be constant accommodation for the  new technology. I pointed out that as privately produced power using  solar increases that will almost certainly decrease the rate base making  the remainder of the people carry more of the debt burden. Daly seemed  to think that the new sources would be embraced. I don’t know how that  will play out\, but I do know that we are not going back to a time when  these sources of power are not part of the mix. \n  \nThe  competency of the company is accepted as believable. The service area  in New Jersey is about double the size of the LIPA system yet they were  able to restore power to more customers in at less cost than LIPA. \n  \nLIPA  is a high cost system to operate and much of that cost is attributable  to the debt that was not incurred by the ratepayers\, but was imposed  upon us by Albany. Despite the fact that I am hopeful that PSE&G  will bring about much needed improvements\, they will not be able to  overcome that basic problem. \n  \nErnie Fazio
URL:https://limba.net/calendar/david-m-daly-vice-president-lipa-transition-spons-brt/
LOCATION:NY
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