PAS-41-16-00013-P Rates for the Sale of Power and Energy

10/12/16 N.Y. St. Reg. PAS-41-16-00013-P

NEW YORK STATE REGISTER

VOLUME XXXVIII, ISSUE 41

October 12, 2016

RULE MAKING ACTIVITIES

POWER AUTHORITY OF THE STATE OF NEW YORK

PROPOSED RULE MAKING

HEARING(S) SCHEDULED

 

I.D No. PAS-41-16-00013-P

Rates for the Sale of Power and Energy

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

Increase in the Fixed Costs Component of the Production Rates.

Statutory authority:

Public Authorities Law, section 1005, 3rd undesignated paragraph and 1005(6)

Subject:

Rates for the Sale of Power and Energy.

Purpose:

To recover the Authority's Fixed Costs.

Public hearing(s) will be held at:

11:00 a.m., Nov. 17, 2016 at Power Authority of the State of New York, 123 Main St., White Plains, NY.

Interpreter Service:

Interpreter services will be made available to hearing impaired persons, at no charge, upon written request submitted within reasonable time prior to the scheduled public hearing. The written request must be addressed to the agency representative designated in the paragraph below.

Accessibility:

All public hearings have been scheduled at places reasonably accessible to persons with a mobility impairment.

Substance of proposed rule:

The Power Authority of the State of New York (the “Authority”) proposes to increase the Fixed Costs component of the production rates for its New York City Governmental Customers. Under the proposal, the Authority will increase the Fixed Costs component of the production rates by $16.6 million or 12.7% for the 2017 rate year when compared with the 2016 fixed costs. This increase is based on the Authority’s Preliminary 2017 Cost-of-Service. The new production rates will become effective with the January 2017 billing period.

Text of proposed rule and any required statements and analyses may be obtained from:

Karen Delince, Corporate Secretary, Power Authority of the State of New York, 123 Main Street, 11-P, White Plains, New York 10601, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Same as above.

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.