PSC-43-15-00005-A Petition to Recover Deferrals Through the DRA  

  • 1/6/16 N.Y. St. Reg. PSC-43-15-00005-A
    NEW YORK STATE REGISTER
    VOLUME XXXVIII, ISSUE 1
    January 06, 2016
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-43-15-00005-A
    Filing Date. Dec. 21, 2015
    Effective Date. Dec. 21, 2015
    Petition to Recover Deferrals Through the DRA
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 12/17/15, the PSC adopted an order authorizing Corning Natural Gas Corporation (Corning) to recover contract customer revenue and property tax deferrals through the Delivery Rate Adjustment (DRA) clause.
    Statutory authority:
    Public Service Law, sections 4, 5, 65 and 66
    Subject:
    Petition to recover deferrals through the DRA.
    Purpose:
    To authorize Corning to recover deferrals through the DRA.
    Substance of final rule:
    The Commission, on December 17, 2015, adopted an order authorizing Corning Natural Gas Corporation to recover $1,136,382, to offset contract customer revenue deferrals of $413,835 for rate year three and property tax deferrals of $722,547 for both rate year two ($299,820) and rate year three ($422,727), through the Delivery Rate Adjustment clause, commencing on January 1, 2016, subject to the terms and conditions set forth in the order.
    Final rule as compared with last published rule:
    No changes.
    Text of rule may be obtained from:
    John Pitucci, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email: john.pitucci@dps.ny.gov An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
    Assessment of Public Comment
    An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
    (13-G-0465SA3)

Document Information

Effective Date:
12/21/2015
Publish Date:
01/06/2016