The new Revenue Decoupling Adjustment (RDA) on your bill is not as intimidating as it sounds. Let us explain...
Revenue Decoupling is not unique to PSEG Long Island
PSEG Long Island encourages you to use less of our product
That creates an issue: selling less electricity creates less revenue. And without enough revenue, we would not be able to deliver reliable electric service and quality customer service for millions of people and thousands of companies from Queens to Montauk, 24 hours a day, 7 days a week.
The money that’s required each year in order to provide our services to you is outlined in our annual budget. That budgeted revenue, which is authorized by LIPA, is then compared with the actual revenue collected from electric rates. The difference between actual revenues and budgeted revenues creates the Revenue Decoupling Adjustment.
Encouraging energy savings
The RDA adjusts bills based on how actual revenue compares to budgeted revenue. Any excess revenue is refunded to customers as a credit adjustment. If revenue falls short, the RDA is a charge to ensure enough funds are available for us to continue to deliver reliable service.
The RDA does not increase our profits
You have the power to save
Every revenue dollar collected is used to benefit customers – for the services we provide today and investments that will make the electric system stronger and more reliable tomorrow.
Frequently Asked Questions