2/10/16 N.Y. St. Reg. PSC-06-16-00009-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 a proposal filed by Rainbow Water Company, Inc. to increase its rates by approximately $16,248 or 20.7% to become effective July 1, 2016.
Statutory authority:
Public Service Law, sections 4(1), 5(1)(f), 89-c(1), (3), (10)(a), (b) and (f)
Subject:
Minor water rate filing.
Purpose:
To consider an increase in Rainbow Water Company, Inc.'s annual water revenues by approximately $16,248 or 20.7%.
Substance of proposed rule:
The Commission is considering a proposal filed by Rainbow Water Company, Inc. (Company) to increase its total annual revenues by approximately $16,248 or 20.7% with an effective date of July 1, 2016. The Company states the rate increase is necessary due to increases in operating expenses, most importantly: taxes, power, salaries, maintenance, insurance and water testing. These expenses have increased significantly since the current rates went into effect on January 1, 2007. The Company is also requesting approval to increase its escrow account, from $8,640 to $14,400. According to the Company, the proposed increase in funding allows it to request a lower maintenance expense level and allow the Company to better manage its operations. In addition, the Company is requesting approval to combine both Rainbow Water Company, Inc. and Sunrise Ridge Water Company under one tariff and one escrow account (Rainbow Water Company, Inc.’s P.S.C. No. 3 – Water). The Commission may adopt, reject or modify, in whole or in part, the relief sought by the Company and may also resolve related matters.
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.ny.gov/f96dir.htm. For questions, contact:
John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email:
john.pitucci@dps.ny.govData, views or arguments may be submitted to:
Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email:
secretary@dps.ny.govPublic 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.
