8/31/11 N.Y. St. Reg. PSC-35-11-00009-P
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 a proposed petition by Consolidated Edison Company of New York, Inc. to approve the Company's proposed ratemaking treatment for expenditures to be made by adding gas burning capability at 59th and 74th St. generating station.
Statutory authority:
Public Service Law, section 66(12)
Subject:
Rate making treatment.
Purpose:
For approval of accelerated recovery of its capital costs for adding gas burning capability at 59th and 74th St.
Substance of proposed rule:
The Commission is considering a petition filed by Consolidated Edison Company of New York, Inc. (Con Edison or the Company) for accelerated recovery from steam customers through the monthly steam Fuel Adjustment Clause (“FAC”) the net capital costs of the gas conversion projects at 59th and 74th Street generation stations. These projects are currently estimated to be approximately $109 million. Specifically, the Company proposes that until it recovers the full cost of the project that, one-half of the savings associated with burning natural gas at the stations’ converted boilers instead of fuel oil, be allocated on a monthly basis towards the recovery of the costs of these projects; and, one-half of the savings associated with burning natural gas at the stations’ converted boilers instead of fuel oil be allocated on a monthly basis to the Company’s steam customers. The Commission may adopt in whole or in part, modify or reject Con Edison’s proposal. The Commission may apply aspects of its decision here to the requirements for tariffs of other utilities.
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:
Leann Ayer, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email:
leann_ayer@dps.state.ny.usData, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email:
Secretary@dps.state.ny.usPublic 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.
