PSC-35-07-00008-P Measuring, Limiting and Reporting Electric Commodity Price Volatility by New York State Electric & Gas Corporation, et al.  

  • 8/29/07 N.Y. St. Reg. PSC-35-07-00008-P
    NEW YORK STATE REGISTER
    VOLUME XXIX, ISSUE 35
    August 29, 2007
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    PROPOSED RULE MAKING
    NO HEARING(S) SCHEDULED
     
    I.D No. PSC-35-07-00008-P
    Measuring, Limiting and Reporting Electric Commodity Price Volatility by New York State Electric & Gas Corporation, et al.
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
    Proposed action:
    The Public Service Commission is considering the plans of New York State Electric & Gas Corporation (NYSEG) and Rochester Gas and Electric Corporation (RG&E), as detailed in a letter dated July 27, 2007, for measuring, limiting and reporting electric commodity price volatility through the structuring of their commodity supply portfolios, in conformance with an order issued April 19, 2007 in Case 06-M-1017.
    Statutory authority:
    Public Service Law, sections 5(1)(b), 64, 65(1), 66(1), (5), (9), (10) and (12)
    Subject:
    Plans of NYSEG and RG&E for measuring, limiting and reporting electric commodity price volatility.
    Purpose:
    To consider the plans of NYSEG and RG&E for measuring, limiting and reporting electric commodity price volatility.
    Substance of proposed rule:
    The Public Service Commission is considering the plans of New York State Electric & Gas Corporation and Rochester Gas and Electric Corporation, as detailed in a letter dated July 27, 2007, for measuring, limiting and reporting electric commodity price volatility through the structuring of its commodity supply portfolios, in conformance with an Order issued April 19, 2007 in Case 06-M-1017. The Commission may adopt, reject or modify, in whole or in part, the plans proposed.
    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:
    Central Operations, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-2500
    Data, views or arguments may be submitted to:
    Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-6530
    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.
    (06-M-1017SA7)

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