5/11/16 N.Y. St. Reg. PSC-02-16-00008-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 4/20/16, the PSC adopted an order approving New York Transco LLC's (NY Transco) petition to establish a lightened ratemaking regulation regime and proposed financing.
Statutory authority:
Public Service Law, sections 2(12), (13), 5(1)(b), 5-b, 18-a, 64-69, 69-a, 70, 71, 72, 72-a, 75, 76, 105-114, 114-a, 115, 117, 118, 119-a, 119-b and 119-c
Subject:
Establishment of a lightened ratemaking regulation regime and proposed financing.
Purpose:
To approve NY Transco's petition establishing a lightened ratemaking regulation regime and proposed financing.
Substance of final rule:
The Commission, on April 20, 2016, adopted an order approving New York Transco LLC's (NY Transco) petition to establish a lightened ratemaking regulation regime applicable to NY Transco and enter into financing arrangements up to a maximum amount of $129 million, 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:
John Pitucci, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email:
john.pitucci@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.
