PSC-04-12-00008-A Directing Con Edison to Use $133.5 Million of Customer Credits to Offset the Surcharge for Rate Year Three  

  • 4/11/12 N.Y. St. Reg. PSC-04-12-00008-A
    NEW YORK STATE REGISTER
    VOLUME XXXIV, ISSUE 15
    April 11, 2012
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-04-12-00008-A
    Filing Date. Mar. 22, 2012
    Effective Date. Mar. 22, 2012
    Directing Con Edison to Use $133.5 Million of Customer Credits to Offset the Surcharge for Rate Year Three
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 3/15/12, the PSC adopted an order directing Consolidated Edison Company of New York, Inc. (Con Edison) to use $133.5 million of customer credits to fully offset the surcharge for rate year three, ending March 31, 2013.
    Statutory authority:
    Public Service Law, sections 4(1), 5(b), 64, 66(1), (9), (12)(a) and (b)
    Subject:
    Directing Con Edison to use $133.5 million of customer credits to offset the surcharge for rate year three.
    Purpose:
    To direct Con Edison to use $133.5 million of customer credits to offset the surcharge for rate year three.
    Substance of final rule:
    The Commission, on March 15, 2012 adopted an order directing Consolidated Edison Company of New York, Inc. to use $133.5 million of customer credits to fully offset the surcharge for rate year three, ending March 31, 2013, 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.ny.gov 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.
    (12-E-0008SA1)

Document Information

Effective Date:
3/22/2012
Publish Date:
04/11/2012