8/5/09 N.Y. St. Reg. PSC-18-09-00010-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 7/16/09, the PSC adopted an order directing Consolidated Edison Company of New York, Inc. (Con Edison) to defer on its books from shareholder funds a ratepayer credit of $5 million for not meeting its reliability goal for 2008.
Statutory authority:
Public Service Law, sections 65 and 66
Subject:
Con Edison's 2008 performance under the Electric Service Reliability Performance Mechanism (RPM).
Purpose:
To direct Con Edison to defer on its books from shareholder funds a ratepayer credit of $5 million for not meeting its 2008 RPM.
Substance of final rule:
The Commission, on July 16, 2009, adopted an order directing Consolidated Edison Company of New York, Inc. to defer on its books from shareholder funds a ratepayer credit of $5 million for not meeting its reliability goal for 2008 under the terms of its Reliability Performance Mechanism, 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.
