PSC-26-14-00012-P The Commission's Framework for Regulating Utilities and Methods of Ratemaking Will be Revised  

  • 7/2/14 N.Y. St. Reg. PSC-26-14-00012-P
    NEW YORK STATE REGISTER
    VOLUME XXXVI, ISSUE 26
    July 02, 2014
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    PROPOSED RULE MAKING
    NO HEARING(S) SCHEDULED
     
    I.D No. PSC-26-14-00012-P
    The Commission's Framework for Regulating Utilities and Methods of Ratemaking Will be Revised
    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 taking steps to transform the State's electric industry by supporting market based, sustainable products and services that will drive an increasingly efficient, clean, reliable and consumer oriented industry.
    Statutory authority:
    Public Service Law, sections 4(1) and 66(1)
    Subject:
    The Commission's framework for regulating utilities and methods of ratemaking will be revised.
    Purpose:
    To allow energy efficiency and other distributed resources to take a primary role in the planning and operation of the grid.
    Substance of proposed rule:
    The Commission is considering whether to adopt, modify, or reject, in whole or in part, potential modifications to regulation of the electric industry as set forth in the April 4, 2014 NYS Department of Public Service Staff Report and Proposal entitled "Reforming the Energy Vision" filed in Case 14-M-0101. In particular, the Commission is considering revising its ratemaking framework to provide incentives and remove disincentives for utilities or other entities to actively manage and coordinate a wide variety of distributed resources, to foster markets and create tariffs that will empower customers to reduce and optimize their energy usage, and to stimulate innovation and new products in the industry that will further enhance customer opportunity.
    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.ny.gov/f96dir.htm. For questions, contact:
    Deborah Swatling, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2659, email: Deborah.Swatling@dps.ny.gov
    Data, views or arguments may be submitted to:
    Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email: secretary@dps.ny.gov
    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.
    (14-M-0101SP1)

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