7/15/09 N.Y. St. Reg. PSC-14-09-00012-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 6/18/09, the PSC adopted an order authorizing NYSERDA to use interest earnings on funds System-Wide Program funds to pay its share of the New York State Cost Recovery Fee.
Statutory authority:
Public Service Law, sections 4(1), 5(2) and 66(1)
Subject:
Authorization of the use of interest earned on system-wide program funds to pay its share of the cost recovery.
Purpose:
To authorize the use of interest earned on system-wide program funds to pay its share of the cost recovery.
Substance of final rule:
The Commission, on June 18, 2000, adopted an order authorizing New York State Energy Research and Development Authority (NYSERDA) to pay a pro rata share of the New York Cost Recovery Fee allocable to the System-Wide Program in relation to the budgets of all NYSERDA’s programs, from excess and unallocated interest earnings accrued from funds held by NYSERDA for the System-Wide Program for the benefit of electric customers of Consolidated Edison Company of New York Inc., 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:
Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email:
leann_ayer@dps.state.ny.us 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.
