8/17/11 N.Y. St. Reg. PAS-33-11-00001-P
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
Increase hydroelectric preference power rates.
Statutory authority:
Public Authorities Law, section 1005(5)
Subject:
Rates for sale of power and energy.
Purpose:
To maintain the system's fiscal integrity.
Public hearing(s) will be held at:
3:00 p.m., Sept. 19, 2011 at Syracuse, NY; 3:00 p.m., Sept. 20, 2011 at Niagara, NY; and 2:00 p.m., Sept. 22, 2011 at Massena, NY.
Interpreter Service:
Interpreter services will be made available to hearing impaired persons, at no charge, upon written request submitted within reasonable time prior to the scheduled public hearing. The written request must be addressed to the agency representative designated in the paragraph below.
Accessibility:
All public hearings have been scheduled at places reasonably accessible to persons with a mobility impairment.
Substance of proposed rule:
The Power Authority of the State of New York (the “Authority”) proposes to increase the rates for preference power supplied from the Niagara and St. Lawrence Hydroelectric Projects. In total, 1,892 megawatts of power and energy sold by the Authority is currently subject to the preference power rate. The Authority’s preference power rates apply generally to sales to forty-seven municipal electric systems, four rural electric cooperatives, the neighboring state customers, three upstate investor owned utilities for resale to their residential customers and the Niagara Project relicensing host communities.
The proposed rate increase would allow the Authority to recover the increased costs associated with serving the customers subject to the preference power rate. In order to mitigate customer bill impacts, the proposed increase will be phased in over a 42-month period from November 2011 through April 30, 2015.
The Authority’s proposal would provide for an effective rate of $11.42/MWh for a typical customer in the 2011 rate year (November 1, 2011 to April 30, 2012), $12.16/MWh in the 2012 rate year (May 1, 2012 to April 30, 2013), $12.98/MWh in the 2013 rate year (May 1, 2013 to April 30, 2014) and $13.87/MWh in the 2014 rate year (May 1, 2014 to April 30, 2015).
Text of proposed rule and any required statements and analyses may be obtained from:
Karen Delince, Corporate Secretary, Power Authority of the State of New York, 123 Main Street, 11-P, White Plains, New York 10601, (914) 390-8095, email:
secretarys.office@nypa.govData, views or arguments may be submitted to:
Same as above.
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.
