LIPA budget projects $6 drop in average monthly electric bills in 2026, depending on usage

LIPA said it expects customers next year to use slightly less power each month tied to the use of home energy efficiency programs, compared with 2025, a reduction that makes up part of the projected $6.53 monthly bill reduction. Even if customers hold usage to this year’s average 725  kilowatt-hours monthly, LIPA said, they are expected to see some level of bill reductions due chiefly to lower power supply costs.

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