SHERIDAN, WYOMING - December 30, 2025 - Public Service Enterprise Group (PSEG) says New York State's comptroller has granted final approval for an extension of PSEG Long Island's operations services agreement with the Long Island Power Authority (LIPA), locking in continued grid-operations responsibilities through the end of 2030.
Contract extension now fully cleared
PSEG said the LIPA Board of Trustees awarded PSEG Long Island a five-year extension of the existing contract on September 25, followed by approval from the New York State attorney general in October and final approval from the comptroller this week. The extension begins January 1, 2026, and runs through December 31, 2030. PSEG Long Island has operated the electric grid on behalf of LIPA since 2014, covering Long Island and the Rockaways.
For utility operators and public power partners, the sequence of board action and state-level approvals is a reminder that governance and oversight are integral to outsourced grid-operations models. Final clearance reduces uncertainty for multi-year planning around workforce deployment, storm readiness, maintenance programs, and customer-experience initiatives tied to regulated performance expectations.
Operational scope and continuity of service
Under the agreement, PSEG Long Island oversees operation of the transmission and distribution system serving approximately 1.2 million customers on Long Island and in the Rockaways. In practical terms, that includes day-to-day grid operations, field response, outage restoration coordination, and ongoing reliability work programs. With the extension term established, the operator and LIPA can align longer-horizon priorities such as asset renewal, resiliency upgrades, and modernization initiatives that often require multi-year sequencing to avoid service disruption.
Leadership transition starting January 2026
PSEG also announced leadership changes tied to the start of the extension period. Scott Jennings will become president and chief operating officer of PSEG Long Island starting January 5, 2026, with responsibility for overseeing grid operations under the extended agreement. Jennings succeeds David Lyons, who served as interim president and COO since May 2022 and is retiring after 45 years with the organization.
"We conducted an extensive national search to find a leader who had the ideal skills and vision, while demonstrating a strong commitment to the role and the future success of PSEG Long Island. Scott has decades of experience and a strong strategic and financial background that will be instrumental to maintaining energy affordability for customers on Long Island and in the Rockaways." said Ralph LaRossa, PSEG chair, president and CEO. "We are confident that Scott will seamlessly lead PSEG Long Island in this new chapter and work in partnership with LIPA to enhance our safe, affordable, reliable energy future."
From an execution standpoint, appointing a long-tenured internal leader can reduce transition risk during a contract renewal cycle, especially where operational performance, storm response readiness, and stakeholder coordination with a public authority are central to day-to-day delivery.
Electric operations leadership and cross-utility coordination
John Latka has been named senior vice president of electric operations at PSEG to support both PSE&G and PSEG Long Island, with PSEG positioning the role as a lever for "operational excellence" and best-practice sharing across New Jersey and Long Island operations. PSEG said Latka has over 40 years of utility operations experience spanning system design, construction, maintenance, emergency preparedness, and grid-modernization initiatives. The company also pointed to ReliabilityOne recognition for PSE&G, including awards for resiliency and metropolitan service area reliability performance in the Mid-Atlantic Region.
Performance indicators PSEG highlighted
PSEG framed the extension in the context of measured improvements and external benchmarks since PSEG Long Island began operating the grid in 2014. The company cited reliability, safety, customer satisfaction, and complaint-rate outcomes as key proof points for stakeholders evaluating operator effectiveness and contract value.
- Reduction in the frequency of outages by 26% (SAIFI)
- Reduction in the duration of outages by 47% (SAIDI)
- Reduction in the frequency of momentary outages by 63% (MAIFI)
- Improved workforce safety by over 75% (as measured by OSHA Recordable Incident Rate)
- Lowest DPS complaint rate for electric and combined utilities in New York State for nine out of the last 11 years
- Ranked No. 1 in customer satisfaction among business customers in the East Large Segment in the J.D. Power 2025 Electric Utility Business Customer Satisfaction Study℠
"I am thrilled to be joining PSEG Long Island as it enters this new chapter. I will work diligently with our partners at LIPA and IBEW 1049 to continue the improvements we have made for customers over the past 12 years," said Jennings. "I look forward to making strategic investments across the organization to deliver a reliable, resilient electric grid while enhancing the customer experience and maintaining affordability."
Learn more at https://www.pseg.com