PSC-35-07-00011-P Initial Tariff Schedule by The Meadows at Hyde Park Water-Works Corp.

8/29/07 N.Y. St. Reg. PSC-35-07-00011-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-35-07-00011-P

Initial Tariff Schedule by The Meadows at Hyde Park Water-Works Corp.

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 whether to approve or reject, in whole or in part, or modify, The Meadows at Hyde Park Water-Works Corp.'s initial tariff schedule, P.S.C. No. 1—Water, to become effective Dec. 1, 2007.

Statutory authority:

Public Service Law, sections 4(1), 5(1)(f), 89-c(1) and 89-e(2)

Subject:

Initial tariff schedule—electronic filing.

Purpose:

To approve an initial tariff schedule, P.S.C. No. 1—Water for The Meadows at Hyde Park Water-Works Corp. which sets forth the initial rates, charges, rules and regulations under which the company will operate.

Substance of proposed rule:

On August 1, 2007, The Meadows at Hyde Park Water-Works Corp. (Meadows Water or the company) filed an electronic initial tariff schedule, P.S.C. No. 1—Water, which sets forth the rates, charges, rules and regulations under which the company will operate, to become effective December 1, 2007. Meadows Water will serve The Meadows at Hyde Park, a single-family (74 homes) subdivision located in the Town of Hyde Park, Dutchess County. The proposed rates in the initial tariff are designed to generate, at full development, approximately $79,920 in total operating revenues and a pre-tax rate of return of approximately 11% on a rate base of $254,000. The proposed service charge would be $180 per quarter plus a rate per 1,000 gallons of $6. The estimated annual bill for an average annual usage of 60,000 gallons would be $1,080. In addition, the company proposes a Repair and Maintenance Escrow Account which will be funded by a customer surcharge of no more than $20 per quarter and have a maximum balance of $7,500, not including accrued interest. The tariff defines when a bill will be considered delinquent and establishes a late payment charge of 1-1/2 percent per month, compounded monthly and a returned check charge equal to the bank charge plus a handling fee of $5. The restoration of service charge is $50 during normal business hours Monday through Friday, $75 outside of normal business hours Monday through Friday, and $100 on weekends and public holidays. Meadows Water's tariff is available on the Commission's Home Page on the World Wide Web (www.dps.state.ny.us) located under Commission Documents. The Commission may approve or reject, in whole or in part, or modify the company's request.

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, [phone]

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, [phone]

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.

(07-W-0915SA1)