PSC-04-07-00016-P Annual Reconciliation of Gas Expenses and Gas Cost Recoveries by Corning Natural Gas Corporation  

  • 1/24/07 N.Y. St. Reg. PSC-04-07-00016-P
    NEW YORK STATE REGISTER
    VOLUME XXIX, ISSUE 4
    January 24, 2007
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    PROPOSED RULE MAKING
    NO HEARING(S) SCHEDULED
     
    I.D No. PSC-04-07-00016-P
    Annual Reconciliation of Gas Expenses and Gas Cost Recoveries by Corning Natural Gas Corporation
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
    Proposed action:
    The Public Service Commission is considering whether to approve, modify, or reject, in whole or in part, the filing made by Corning Natural Gas Corporation (Corning) to revise the reconcilation rates established in the order concerning the annual reconciliation of gas costs issued Dec. 22, 2006. The commission may consider all other related matters.
    Statutory authority:
    Public Service Law, section 66(12)
    Subject:
    Annual reconciliation of gas expenses and gas cost recoveries.
    Purpose:
    To consider Corning's filing regarding the reconciliation rates established by the commission in the order concerning the annual reconciliation of gas costs issued Dec. 22, 2006 and all other related matters.
    Substance of proposed rule:
    Pursuant to 16 NYCRR § 720-6.5, local gas distribution companies are required to file annual reconciliations of gas costs by October 15th of each year. The 2006 Order concerning the Annual Reconciliation of Gas Costs issued December 22, 2006 reconciled purchased gas costs and gas cost recoveries for the twelve months ended August 31, 2006, and either refunded or surcharged the differences to customers over a 12 month period beginning January 2007.
    Corning Natural Gas Corporation's (Corning) Annual Reconciliation of Gas Cost filing contained several errors. Corning did not file revisions, and as a result, the Public Service Commission (Commission) ordered the annual reconciliation rates developed by the Department of Public Service Staff (Staff) to become effective for Corning's three gas supply areas. The Order stated that, if Corning disagreed with the reconciliation rates, Corning could present supporting evidence in a formal filing. Corning filed a revised reconciliation on December 26, 2006.
    The Commission is considering whether to approve, reject, or modify, in whole or in part, the filing made by Corning to revise the reconciliation rates established in the Order concerning the Annual Reconciliation of Gas Costs and all 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.state.ny.us/f96dir.htm. For questions, contact:
    Central Operations, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-2500
    Data, views or arguments may be submitted to:
    Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-6530
    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.
    (06-G-1581SA1)

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