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PSEG Re-Ups Long Island Contracts Through 2030

Having operated Long Island's power grid since 2014, the contract extension will add five years to PSEG's tenure.

LONG ISLAND, NY. — Public Service Enterprise Group received contract approval from the New York comptroller Tuesday, clearing the way for its agreement with the Long Island Power Authority that will allow PSEG to operate Long Island and The Rockaways’ power grid through 2030.

The new contract will kick in Jan. 1, while interim president David Lyons will be retiring in the new year. Replacing Lyons as president and COO of PSEG Long Island will be Scott Jennings, taking office Jan. 5.

Jennings most recently served as senior vice president of finance, planning and strategy at PSEG, with 27 years of experience in the organization. In addition to renewing its partnership with LIPA, the contract will continue the working relationship between PSEG and the International Brotherhood of Electrical Workers Local 1049.

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"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," Jennings said. "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."

From the IBEW side, the changing of the guard was a chance to thank Lyons for his time as interim president.

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"We thank David Lyons for his leadership and service to PSEG Long Island and for his work with the workforce during his tenure," Pat Guidice, business manager of IBEW Local 1049, said. "We appreciate the opportunity to have worked with him and wish him well in his next steps. We also congratulate Scott Jennings on his appointment as president and COO and look forward to working with him in his new role."

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