Investor-owned utilities (IOUs), including PSEG LI, are managed to provide profits for shareholders. A consumer-owned utility (COU), as we envisage LIPA becoming, is owned and controlled by those who use the electric system. It is managed for the benefit of its customers, not for profit, dividends, or stockholders.A public utility gives back. A 2016 study shows that public power contributes 27% higher contributions to the locality than private utilities.The benefits stay local. Private utilities benefit their stockholders and the state or country in which they are based. National Grid is a UK company; PSEG is a New Jersey company. Public power keeps the money in the LIPA service area and can support the creation of good, local jobs in it. It gives the community a voice. As a public entity, there are more opportunities to incorporate tough accountability mechanisms.It supports the energy future. All utilities that have achieved 100% renewable energy goals have one thing in common: they are publicly owned.