2/7/07 N.Y. St. Reg. PSC-46-06-00020-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
The commission, on Jan. 17, 2007, adopted the terms and provisions of an Oct. 26, 2006 joint proposal, and directed New York State Electric & Gas Corporation (NYSEG) to refund customers $77.1 million from its asset sale gain account (ASGA).
Statutory authority:
Public Service Law, sections 2(13), 5(1)(b), 66(1), (12-a) and 107(1)
Subject:
Distribution of $77.1 million from NYSEG's ASGA to its customers.
Purpose:
To approve the distribution.
Substance of final rule:
The Commission adopted the terms and provisions of an October 26, 2006 joint proposal, and directed New York State Electric & Gas Corporation to refund its customers $77.1 million from its Asset Sale Gain Account, subject to the terms and conditions of the order.
Final rule compared with proposed rule:
No changes.
Text of rule may be obtained from:
Central Operations, Public Service Commission, Bldg. 3, 14th Fl., Empire State Plaza, Albany, NY 12223-1350, by fax to (518) 474-9842, by calling (518) 474-2500. An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is 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.
