9/1/10 N.Y. St. Reg. PSC-35-10-00022-P
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 authorize, in whole or in part, a filing by KeySpan Gas East Corporation d/b/a National Grid to issue new long-term debt securities, through March 31, 2014, not to exceed $1.086 billion.
Statutory authority:
Public Service Law, sections 2, 5 and 69
Subject:
Authority to issue new long-term debt.
Purpose:
To authorize the issue and sale of new long-term debt.
Substance of proposed rule:
The Pubic Service Commission is considering whether to accept or reject in whole or in part a petition by KeySpan Gas East Corporation d/b/a National Grid (Company/KeySpan), pursuant to Public Service Law § 69, to issue new long-term debt securities, through March 31, 2014, not to exceed $1.086 billion. The Commission may approve, reject or modify, in whole or in part, the relief requested by KeySpan.
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.
