Dive Summary:
- According to New York Governor Andrew Cuomo, regulation of power utilities needs to be completely redesigned in light of the deep flaws Hurricane Sandy's damage has revealed.
- Cuomo said the system was designed for the 1950s and said that the utilities in question - including Consolidated Edison, the Long Island Power Authority, and the New York Power Authority - have failed their customers.
- More than a week after Sandy, about 285,000 homes and businesses in New York remain without power, some of which were subsequently affected by yesterday's nor'easter.
From the article:
Damage from Superstorm Sandy to the electricity system in the U.S. Northeast exposed deep flaws in the structure and regulation of power utilities that will require a complete redesign, New York Governor Andrew Cuomo said on Thursday.
But at least some members of one utility oversight panel later fired back, saying it was the governor who should take responsibility. ...