PSC-01-07-00029-A Deferral of Expenses by St. Lawrence Gas Company, Inc.  

  • 5/9/07 N.Y. St. Reg. PSC-01-07-00029-A
    NEW YORK STATE REGISTER
    VOLUME XXIX, ISSUE 19
    May 09, 2007
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-01-07-00029-A
    Filing Date. Apr. 18, 2007
    Effective Date. Apr. 18, 2007
    Deferral of Expenses by St. Lawrence Gas Company, Inc.
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    The commission, on April 18, 2007, approved the petition of St. Lawrence Gas Company, Inc. (St. Lawrence) to defer incremental expenses related to the carrying cost of gas in storage, uncollected expense, regulatory commission expense and property taxes for year three of Case 02-G-1275.
    Statutory authority:
    Public Service Law, sections 4(1), 66(1), (4) and (12)
    Subject:
    Request by St. Lawrence to defer various incremental expenses until rates are set in the next rate case.
    Purpose:
    To approve a request by St. Lawrence to defer various incremental expenses until rates are set in the next rate case.
    Substance of final rule:
    The Commission adopted an order approving the petition of St. Lawrence Gas Company, Inc. to defer $750,300 of incremental expenses ($451,100 net of taxes) for the third rate year of Case 02-G-1275 associated with the carrying costs of gas stored underground, uncollected expense, regulatory commission expense and property taxes.
    Final rule compared with proposed rule:
    No changes.
    Text of rule may be obtained from:
    Central Operations, Public Service Commission, Bldg. 3, 14th Fl., Empire State Plaza, Albany, NY 12223-1350, by fax to (518) 474-9842, by calling (518) 474-2500. 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.
    (06-G-1471SA1)

Document Information

Effective Date:
4/18/2007
Publish Date:
05/09/2007