PSC-41-09-00012-P Treatment of Revenues and Costs Associated with Transportation of Natural Gas Produced near the Company's Service Area

10/14/09 N.Y. St. Reg. PSC-41-09-00012-P

NEW YORK STATE REGISTER

VOLUME XXXI, ISSUE 41

October 14, 2009

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-41-09-00012-P

Treatment of Revenues and Costs Associated with Transportation of Natural Gas Produced near the Company's Service Area

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

Proposed Action:

The PSC is considering whether to approve, modify, or reject, in whole or in part, a petition filed by Corning Natural Gas Corporation (Company) regarding the treatment of revenues and costs associated with transportation of locally-produced natural gas.

Statutory authority:

Public Service Law, section 66(12)

Subject:

Treatment of revenues and costs associated with transportation of natural gas produced near the company's service area.

Purpose:

To address the revenue generated from the Root Pipeline beginning in January 2009.

Substance of proposed rule:

The Commission is considering whether to approve, modify, or reject, in whole or in part, Corning Natural Gas Corporation's (Corning or Company) petition dated July 30, 2009, seeking a ruling that the mechanism for sharing local production access / interconnection revenues established in the Commission's December 13, 2007 Order Authorizing Rate Increase in this proceeding does not apply to revenues from transportation of local production through the Company's Root Pipeline. Alternatively, Corning requests that if the Commission concludes that the aforementioned mechanism applies to transportation revenues generated by the Root Pipeline, then Corning seeks a waiver of the 90% / 10% sharing between customers and shareholders, respectively.

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, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

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.

(07-G-0772SP3)