Taxes, Fees, And Surcharges Are Bane Of New York's Utilities
For all the hoopla about the 2.5% energy tax during last year's campaign for Nassau County Executive, turns out that the $2.50 or so per month saved by residential ratepayers as a result of its repeal hasn't made much of a dent in that electric and gas bill.
In fact, although LIPA recently approved a 4% reduction in the Power Supply Charge, the typical bill will still go up for most residential customers. [That's the little guy. Thanks for asking.]
Simple. A 7% increase in property taxes, and a NYS Assessment (not to be confused with the Nassau County Assessment), through which thirteen cents on every dollar paid to LIPA will go the the State. [That it will never come back to taxpayers is yet another sad story.]
Then there's the LIPA-imposed charges, adding fuel to the furnace.
An Efficiency and Renewables charge, equal to about 2% of the monthly tab. [If they're so efficient, why do they have to charge for it?]
Revenue-Based PILOTS (Payments in Lieu of Taxes), accounting for some 11% of your bill. [PILOTS, eh? Up up and away!]
And don't forget the PCA (Pipeline Cost Adjustment), SBC (System Benefits Charge), and Billing charge (Just for the heck of it, we suppose) on your bill from National Grid (Gas).
Add to all of this the State Sales Tax and, before you know it, more than 15% of your utility cost goes for taxes, fees, and surcharges.
Hmmm. Isn't this why we got rid of LILCO?
So much for a public authority saving the ratepayer dollars and cents, or the Public Service Commision (PSC) watching our backs. [What next? A PSC "rubber-stamp" surcharge? Why not?]
Fact is, New Yorkers are being nickeled and dimed by their own government, State-wide and locally, their piggy banks raided daily in ways we may barely notice, but that certainly add up, big time.
It's not taxation without representation, as some suggest. No. It's worse than that. It's taxation by misrepresentation. The utter failure of those with whom we place the public trust to spend judiciously and tax sparingly.
Today LIPA, tomorrow license plates. Thomas Edison -- and P.T. Barnum -- must be turning over in their graves. [If only we could find a way to tax that, too...]
Forget the electric light, folks. Bring back gaslight, where, in the flickering dim, we can all be manipulated, for nefarious reasons, into believing something other than the truth.