PSC-31-12-00008-P Whether to Approve, Deny or Modify, in Whole or in Part, the Petition of Consolidated Edison Regarding Certain Wheeling Costs

8/1/12 N.Y. St. Reg. PSC-31-12-00008-P

NEW YORK STATE REGISTER

VOLUME XXXIV, ISSUE 31

August 01, 2012

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-31-12-00008-P

Whether to Approve, Deny or Modify, in Whole or in Part, the Petition of Consolidated Edison Regarding Certain Wheeling Costs

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 the petition of Consolidated Edison Company of New York, Inc. seeking recovery of PJM OATT charges and disposition of amounts presently collected in base rates for expired wheeling contracts.

Statutory authority:

Public Service Law, sections 65, 66(1), (2), (9), (12)(a), 72-a and 113

Subject:

Whether to approve, deny or modify, in whole or in part, the petition of Consolidated Edison regarding certain wheeling costs.

Purpose:

Whether to approve, deny or modify, in whole or in part, the petition of Consolidated Edison regarding certain wheeling costs.

Substance of proposed rule:

The Public Service Commission is considering whether to grant, deny or modify, in whole or in part, a petition dated July 9, 2012 by Consolidated Edison Company of New York, Inc. (Con Edison or the Company) seeking recovery of charges incurred under the PJM Open Access Transmission Tariff (PJM OATT) though the Monthly Adjustment Clause (MAC) and disposition of amounts presently collected in base rates for a two grandfathered Transmission Service Agreements (TSAs or wheeling contracts). Since the grandfathered TSAs could not be extended past April 30, 2012, the Company entered into two pro forma agreements with PJM for long-term transmission service, at a cost of approximately $35 million, which were approved by the Federal Energy Regulatory Commission (FERC).

The Public Service Commission is considering whether to grant, deny or modify, in whole or in part the Company’s proposal regarding the crediting to customers of monies collected through base rates for the expired grandfathered wheeling contracts totaling approximately $15 million.

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:

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.

(09-E-0428SP5)