PAS-07-07-00008-P Rates for the Sale of Power and Energy

2/14/07 N.Y. St. Reg. PAS-07-07-00008-P

NEW YORK STATE REGISTER

VOLUME XXIX, ISSUE 7

February 14, 2007

RULE MAKING ACTIVITIES

POWER AUTHORITY OF THE STATE OF NEW YORK

PROPOSED RULE MAKING

HEARING(S) SCHEDULED

 

I.D No. PAS-07-07-00008-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:

Increase in hydroelectric preference power rates.

Statutory authority:

Public Authorities Law, section 1005(5)

Subject:

Rates for the sale of power and energy.

Purpose:

To maintain the system's fiscal integrity.

Public hearing(s) will be held at:

11:00 a.m., March 22, 2007 at Power Authority of the State of New York, 30 S. Pearl St., Board Room, 10th Fl., Albany, NY.

Accessibility:

All public hearings have been scheduled at places reasonably accessible to persons with a mobility impairment.

Interpreter Service:

Interpreter services will be made available to deaf 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.

Substance of proposed rule (Full text is not posted on a State website):

Pursuant to the New York Public Authorities Law, Section 1005, the Power Authority of the State of New York (the “Authority”) proposes to increase its rates for hydroelectric preference power supplied by the Niagara and St. Lawrence-FDR hydroelectric projects, effective May 1, 2007. Preference power is sold primarily to municipal and rural electric cooperative customers, the neighboring state customers and the upstate utilities for resale to their residential customers.

The Authority proposal would increase rates for a typical preference power customer by 7.1% in the first year (May 1, 2007 to April 30, 2008) and by 5.8% in the second year (May 1, 2008 to April 30, 2009).

Written comments on the proposed increase will be accepted through Monday, April 2, 2007, at the address below.

For further information, contact: POWER AUTHORITY OF THE STATE OF NEW YORK, Anne B. Cahill, Corporate Secretary, 123 Main Street, 15-M, White Plains, NY 10601, [phone], [phone] (fax), [e-mail]

Text of proposed rule and any required statements and analyses may be obtained from:

Anne B. Cahill, New York Power Authority, 123 Main St., 15-M, White Plains, NY 10601, [phone], e-mail: [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 rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.