PSC-04-09-00007-P Deferred Accounting Treatment and Rate Recovery of Unrecovered Property Tax Expenses  

  • 1/28/09 N.Y. St. Reg. PSC-04-09-00007-P
    NEW YORK STATE REGISTER
    VOLUME XXXI, ISSUE 4
    January 28, 2009
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    PROPOSED RULE MAKING
    NO HEARING(S) SCHEDULED
     
    I.D No. PSC-04-09-00007-P
    Deferred Accounting Treatment and Rate Recovery of Unrecovered Property Tax Expenses
    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 Consolidated Edison Company of New York, Inc. to defer and recover extraordinary property tax expenses.
    Statutory authority:
    Public Service Law, section 66
    Subject:
    Deferred accounting treatment and rate recovery of unrecovered property tax expenses.
    Purpose:
    To defer and recover previously unrecovered extraordinary property tax expenses.
    Substance of proposed rule:
    The Public Service Commission is considering whether to approve, deny or modify, in whole or in part, a petition by Consolidated Edison Company of New York, Inc., to defer and recover $14.558 million of extraordinary property tax expenses related to the January 1, 2009 tax rate increase by the City of New York. The Commission shall consider 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:
    Leann Ayer, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email: leann_ayer@dps.state.ny.us
    Data, views or arguments may be submitted to:
    Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email: jaclyn_brilling@dps.state.ny.us
    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.
    (08-M-0901SA2)

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