12/8/10 N.Y. St. Reg. LPA-49-10-00017-P
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Long Island Power Authority (“Authority”) is considering a proposal to modify its Tariff for Electric Service ("Tariff") to modify language from the Fuel and Purchased Power Cost Adjustment Rate (FPPCA).
Statutory authority:
Public Authorities Law, section 1020-f(z) and (u)
Subject:
FPPCA under the Authority's Tariff.
Purpose:
To modify the Tariff regarding the FPPCA with regard LIPA's financial target, the associated tolerance band and time period.
Public hearing(s) will be held at:
10:00 a.m., Jan. 26, 2011 at H. Lee Dennison Bldg., 100 Veterans Memorial Hwy., Hauppauge, NY; and 2:00 p.m., Jan. 26, 2011 at Long Island Power Authority, 333 Earle Ovington Blvd., 2nd Fl., Uniondale, 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 Long Island Power Authority (“Authority”) is considering a proposal to modify its Tariff for Electric Service to delete language from the Fuel and Purchased Power Cost Adjustment Rate (FPPCA), including language with regard to the “revenue in excess of expenses” financial target and the associated tolerance band, and modify the associated time periods. The Authority may approve, modify, or reject, in whole or part, the proposal.
Text of proposed rule and any required statements and analyses may be obtained from:
Andrew McCabe, Long Island Power Authority, 333 Earle Ovington Blvd., Suite 403, Uniondale, NY 11553, (516) 222-7700, email:
amccabe@lipower.orgData, views or arguments may be submitted to:
Same as above.
Public comment will be received until:
Five days after the last scheduled public hearing.
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.
