12/12/07 N.Y. St. Reg. PSC-50-07-00005-P
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 whether to approve, modify or reject, in whole or in part, a compliance filing of Niagara Mohawk Power Corporation d/b/a National Grid (the company) for “follow-on merger credit” in Case No. 01-M-0075 related to the recent acquisition by National Grid USA of KeySpan Corporation.
Statutory authority:
Public Service Law, section 66
Subject:
Follow-on merger savings compliance filing related to the recent acquisition by National Grid USA of KeySpan Corporation.
Purpose:
To determine the ratepayers' share of follow-on merger savings resulting from the KeySpan acquisition in Case 06-M-0878 in compliance with clause 1.2.4.19 and related attachment 10 of the company's merger joint proposal in Case 01-M-0075.
Substance of proposed rule:
The Commission is considering whether to approve, modify or reject, in whole or in part, the October 22, 2007 compliance filing of Niagara Mohawk Power Corporation d/b/a National Grid (the company) for “Follow-on Merger Credit” related to National Grid USA's recent acquisition of KeySpan Corporation. To comply with the ratemaking terms of Clause 1.2.4.19 and Attachment 10 of the company's Merger Joint Proposal in Case No. 01-M-0075, the company's filing proposes to record regulatory credits of $33,053 million (electric) and $7.405 million (gas) for the period September 2007 through December 2011. The Commission may approve, modify or reject, in whole or in part, the company's proposed follow-on merger credit qualifications.
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:
Central Operations, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-2500
Data, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-6530
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.
