PSC-02-16-00008-P Establishment of the Regulatory Regime and Financing Applicable to Certain Electric Transmission Facilities  

  • 1/13/16 N.Y. St. Reg. PSC-02-16-00008-P
    NEW YORK STATE REGISTER
    VOLUME XXXVIII, ISSUE 2
    January 13, 2016
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    PROPOSED RULE MAKING
    NO HEARING(S) SCHEDULED
     
    I.D No. PSC-02-16-00008-P
    Establishment of the Regulatory Regime and Financing Applicable to Certain Electric Transmission Facilities
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
    Proposed Action:
    The Commission is considering a petition filed by New York Transco LLC for approval of a lightened regulatory regime and financing in connection with certain electric transmission facilities.
    Statutory authority:
    Public Service Law, sections 2(12), (13), 5(1)(b), 5-b, 18-a, 64-69, 69-a, 70, 71, 72, 72-a, 75, 76, 105-114, 114-a, 115, 117, 118, 119-a, 119-b and 119-c
    Subject:
    Establishment of the regulatory regime and financing applicable to certain electric transmission facilities.
    Purpose:
    Consideration of a lightened regulatory regime and financing for certain electric transmission facilities.
    Substance of proposed rule:
    The Public Service Commission (Commission) is considering a petition filed by New York Transco LLC on December 15, 2015, requesting approval of a lightened regulatory regime and financing in connection with certain electric transmission facilities that transmit electric power in the wholesale electricity market. The petitioner requests an order providing that the petitioner will be regulated as an electric corporation under a lightened regulatory regime consistent with that imposed on the owners-operators of competitive wholesale generators and interstate transmission companies engaged in the transmission of electricity in interstate commerce. The Commission may adopt, reject, or modify, in whole or in part, the relief proposed and may resolve other related matters.
    Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.ny.gov/f96dir.htm. For questions, contact:
    John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email: john.pitucci@dps.ny.gov
    Data, views or arguments may be submitted to:
    Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email: secretary@dps.ny.gov
    Public comment will be received until:
    45 days after publication of this notice.
    Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement
    Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
    (15-E-0743SP1)

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