PSC-47-09-00009-P Transfer of Assets from Utility Plant to Non-utility Property and/or to a Separate Entity

11/25/09 N.Y. St. Reg. PSC-47-09-00009-P

NEW YORK STATE REGISTER

VOLUME XXXI, ISSUE 47

November 25, 2009

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-47-09-00009-P

Transfer of Assets from Utility Plant to Non-utility Property and/or to a Separate Entity

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 Corning Natural Gas Corporation for authority to transfer certain assets from utility accounts to non-utility property accounts.

Statutory authority:

Public Service Law, sections 66, 70, 107 and 110

Subject:

Transfer of assets from utility plant to non-utility property and/or to a separate entity.

Purpose:

Transfer of assets.

Substance of proposed rule:

The Pubic Service Commission is considering a petition by Corning Natural Gas Corporation (Company/Corning) for authority, pursuant to PSL sections 66, 70, 107, and 110 to transfer certain natural gas pipeline facilities no longer required for the Company’s distribution business from utility to non-utility property accounts under the Uniform Systems of Accounts and/or transfer such facilities from Corning to an affiliated entity that could use those facilities for the transportation of locally produced natural gas. The Commission may approve, reject or modify, in whole or in part, the relief requested by Corning.

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.

(09-G-0790SP1)