PSC-41-09-00012-A Alternative Treatment of Revenues and Costs Associated with Transportation of Natural Gas  

  • 4/14/10 N.Y. St. Reg. PSC-41-09-00012-A
    NEW YORK STATE REGISTER
    VOLUME XXXII, ISSUE 15
    April 14, 2010
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-41-09-00012-A
    Filing Date. Mar. 29, 2010
    Effective Date. Mar. 29, 2010
    Alternative Treatment of Revenues and Costs Associated with Transportation of Natural Gas
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 3/25/10, the PSC adopted an order denying Corning Natural Gas Corporation's request for an alternative treatment of local production revenues associated with transportation of locally produced natural gas.
    Statutory authority:
    Public Service Law, section 66(12)
    Subject:
    Alternative treatment of revenues and costs associated with transportation of natural gas.
    Purpose:
    To deny Corning's petition for alternative treatment of revenues and costs associated with transportation of natural gas.
    Substance of final rule:
    The Commission, on March 25, 2010, adopted an order denying Corning Natural Gas Corporation’s request for an alternative treatment of local production revenues associated with transportation of locally produced natural gas, and directed the company to refund 90% of all revenues generated from receipt of local production gas in excess of the $250,000 imputation, 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.usAn 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.
    (07-G-0772SA3)

Document Information

Effective Date:
3/29/2010
Publish Date:
04/14/2010