PSC-20-07-00018-P Carrying Costs by St. Lawrence Gas Company, Inc.

5/16/07 N.Y. St. Reg. PSC-20-07-00018-P

NEW YORK STATE REGISTER

VOLUME XXIX, ISSUE 20

May 16, 2007

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-20-07-00018-P

Carrying Costs by St. Lawrence Gas Company, Inc.

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed action:

The Public Service Commission is considering whether to approve or reject, in whole or in part or modify a request by St. Lawrence Gas Company, Inc. (St. Lawrence) to include carrying costs among various incremental expenses allowed to be deferred until rates are set in the next rate case.

Statutory authority:

Public Service Law, section 4(1) and 66(1), (4), and (12)

Subject:

A request by St. Lawrence to include carrying costs among various incremental expenses allowed to be deferred until rates are set in the next rate case.

Purpose:

To consider a request by St. Lawrence to include carrying costs among various incremental expenses allowed to be deferred until rates are set in the next rate case.

Substance of proposed rule:

By Petition filed April 26, 2007, St. Lawrence Gas Company, Inc. (the Company) seeks the Public Service Commission's permission to include, as in addition to the previously-allowed deferral amount, carrying costs at the Company's pre-tax rate of return of 10.93% until rates are set in its next rate case.

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:

Central Operations, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, [phone]

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, [phone]

Public 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.

(06-G-1471SA2)