8/4/10 N.Y. St. Reg. PSC-25-08-00005-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On July 15, 2010, the PSC adopted an order approving the Joint Proposal of Niagara Mohawk Power Corporation d/b/a National Grid, DPS Staff and Multiple Intervenors to quantify and allocate follow-on merger credit benefits.
Statutory authority:
Public Service Law, sections 4(1) and 66
Subject:
Joint Proposal for follow-on merger credit benefits for Niagara Mohawk ratepayers.
Purpose:
To approve the allocation for follow-on merger credit benefits for Niagara Mohawk ratepayers.
Substance of final rule:
The Commission, on July 15, 2010, adopted an order approving, the Joint Proposal of Niagara Mohawk d/b/a National Grid (Niagara Mohawk), Department of Public Service Staff and Multiple Intervenors, to quantify and allocate, among Niagara Mohawk and its customers, certain follow-on merger benefits resulting from the 2007 acquisition of KeySpan Corporation by Niagara Mohawk’s parent, National Grid Group plc, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email:
leann_ayer@dps.state.ny.us An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
