PAS-42-15-00004-P Rates for the Sale of Power and Energy

10/21/15 N.Y. St. Reg. PAS-42-15-00004-P

NEW YORK STATE REGISTER

VOLUME XXXVII, ISSUE 42

October 21, 2015

RULE MAKING ACTIVITIES

POWER AUTHORITY OF THE STATE OF NEW YORK

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PAS-42-15-00004-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:

Decrease 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.

Substance of proposed rule:

The Power Authority of the State of New York (the “Authority”) proposes to decrease the Fixed Costs component of the production rates for its New York City Governmental Customers. Under the proposal, the Authority will decrease the Fixed Costs component of the production rates by $3.8 million or 2.8% for 2016 rate year when compared with the 2015 fixed costs. This decrease is based on the Authority’s Preliminary 2016 Cost-of-Service. The new production rates will become effective with the March 2016 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.