4/29/09 N.Y. St. Reg. PSC-17-09-00009-P
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Commission is considering a request from National Grid PLC/KeySpan Corporation asking that the termination of a guaranty agreement be approved.
Statutory authority:
Public Service Law, sections 160, 161, 162 and 168
Subject:
Termination of a guaranty agreement.
Purpose:
Consideration of termination of a guaranty agreement.
Substance of proposed rule:
The Public Service Commission is considering a request from National Grid PLC and KeySpan Corporation asking that the termination of a guaranty agreement, including a standby trust agreement, be approved. The guaranty and standby trust agreements secure the costs of decommissioning at the Unit 40 Generation Facility in Queens, New York formerly owned by National Grid PLC/KeySpan Corporation. The Commission may adopt, reject or modify, in whole or in part, the relief proposed.
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, (518) 486-2655, email:
leann_ayer@dps.state.ny.usData, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email:
jaclyn_brilling@dps.state.ny.usPublic 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.
