4/1/09 N.Y. St. Reg. PSC-46-08-00013-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On March 12, 2009, the PSC adopted an order authorizing Consolidated Edison Company of New York, Inc. to recognize unbilled revenues for its electric, gas and steam operations for financial accounting and regulatory purposes.
Statutory authority:
Public Service Law, section 66(4) and (9)
Subject:
Adopt accrual method of revenue recognition for accounting and regulatory purposes.
Purpose:
To approve accrual method of revenue recognition for unbilled revenues for accounting and regulatory purposes.
Substance of final rule:
The Commission, on March 12, 2009, adopted an order authorizing Consolidated Edison Company of New York, Inc. to recognize unbilled revenues for its electric, gas and steam operations for financial accounting and regulatory purposes, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email:
leann_ayer@dps.state.ny.us 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.
