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Neptune Cable problems cost LIPA more than $40M

Jones Beach, Wantagh, N.Y. - Thursday, January 18,

Photo credit: Newsday David L. Pokress | Jones Beach, Wantagh, N.Y. - Thursday, January 18, 2007. Work continues on the LIPA Neptune Cable project on the pitch and putt golf course on the main mall at Jones Beach. (Newsday Photo / David L. Pokress)

LIPA paid upward of $40 million to fix equipment related to the Neptune Cable and replace lost power while portions of the undersea energy line between Long Island and New Jersey were down for more than a year. Repairs were completed in June.

For reasons that still are not completely known, two transformers on the Long Island end of the 660-megawatt cable failed last spring, rendering it inoperable...

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