PSC-10-09-00011-P Request for Authorization to Defer the Incremental Gas Leak Repair Expenses Related to Gas Operations

3/11/09 N.Y. St. Reg. PSC-10-09-00011-P

NEW YORK STATE REGISTER

VOLUME XXXI, ISSUE 10

March 11, 2009

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-10-09-00011-P

Request for Authorization to Defer the Incremental Gas Leak Repair Expenses Related to Gas Operations

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

The Public Service Commission is considering whether to approve or reject, in whole or in part, the petition of Central Hudson Gas & Electric Corporation for authority to defer incremental gas leak repair expenses for the year ended 12/31/08.

Statutory authority:

Public Service Law, section 66(9)

Subject:

Request for authorization to defer the incremental gas leak repair expenses related to gas operations.

Purpose:

To allow the company to defer the incremental gas leak repair expenses incurred.

Substance of proposed rule:

Central Hudson Gas & Electric Corporation (Company) has requested permission to defer certain gas leak repair expenses related to gas operations. The Company proposes to defer such costs and associated deferred income taxes as a regulatory asset in Account 182.xx with associated deferred income taxes. In addition, the Company seeks authority to apply carrying charges on the deferred balance (net of tax) at the preauthorized rate of return established in case 05-G-0935. The Company requests future rate recovery of these costs. If the Commission approves this deferral, there is a reasonable assurance the Company will be allowed to recover these costs.

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:

Leann Ayer, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

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.

(09-G-0139SA1)