PSC-25-09-00007-P Electric Rates for Consolidated Edison Company of New York, Inc.

6/24/09 N.Y. St. Reg. PSC-25-09-00007-P

NEW YORK STATE REGISTER

VOLUME XXXI, ISSUE 25

June 24, 2009

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-25-09-00007-P

Electric Rates for Consolidated Edison Company of New York, Inc.

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 what action to take concerning a May 26, 2009 Petition for Rehearing filed by Consolidated Edison Company of New York, Inc.

Statutory authority:

Public Service Law, sections 4(1), 65(1), 66(1) and (12)

Subject:

Electric rates for Consolidated Edison Company of New York, Inc.

Purpose:

Consider a Petition for Rehearing filed by Consolidated Edison Company of New York, Inc.

Substance of proposed rule:

On April 24, 2009, the Commission issued an Order Setting Electric Rates for Consolidated Edison Company of New York, Inc. (the Company). In a petition for rehearing dated and filed May 26, 2009, the Company seeks rehearing regarding those aspects of the April 24, 2009 order concerning an austerity adjustment; 50/50 sharing of the costs of Directors and Officers Liability Insurance; Performance-Based Directors Compensation; the Company’s cost of common equity; an incremental productivity adjustment one percentage point greater than the Company's proposal; and the treatment of certain energy efficiency costs.

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.

(08-E-0539SP3)