PSC-21-12-00010-P Request Authorization to Defer Incremental Expenses Incurred in Storm Restoration Work

5/23/12 N.Y. St. Reg. PSC-21-12-00010-P

NEW YORK STATE REGISTER

VOLUME XXXIV, ISSUE 21

May 23, 2012

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-21-12-00010-P

Request Authorization to Defer Incremental Expenses Incurred in Storm Restoration Work

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

Proposed Action:

The PSC is considering a petition filed by Central Hudson Gas & Electric Corporation seeking authority to defer incremental electric storm restoration expenses incurred related to October Nor'easter snow storm on October 29, 2011.

Statutory authority:

Public Service Law, section 66(9)

Subject:

Request authorization to defer incremental expenses incurred in storm restoration work.

Purpose:

To allow the company to defer incremental expenses incurred in storm restoration work.

Substance of proposed rule:

Central Hudson Gas & Electric Corporation (Central Hudson or Company) has requested permission to defer for future rate recovery, with carrying charges, $8.6 million in incremental electric storm restoration expense related to October Nor’easter snow storm on October 29, 2011. The Company proposes to defer such expenses and the associated deferred income taxes as a regulatory asset in Account 182.xx. If the Commission approves this deferral, there is a reasonable assurance the company will be allowed to recover these costs. The Commission may adopt, reject or modify, in whole or in part, Central Hudson’s request, and may also consider any related matters.

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, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

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.

(12-M-0204SP1)