Mr. Farling said that maintenance had been deferred too long on the company's fossil-fuel plants because of a lack of cash.
Currently the site holds a fossil-fuel plant, Sheldon Station.
The board will also study whether one of the units can be converted to a fossil-fuel plant.
Today, most of electricity is produced through fossil-fuel powered plants.
This demand was largely met with fossil-fuel powered plants.
Moreover, they say, hindsight is proving that nuclear plants are less cost-efficient than fossil-fuel plants.
In the meantime, Long Island is being bombarded with pollutants from its fossil-fuel plants.
And they also pay higher rates on property leases than fossil-fuel plants do.
One alternative, he said, would be to fire up one of its dormant fossil-fuel plants, which would mean more air pollution.
Last year, Con Edison sold three fossil-fuel plants.