PSC-35-15-00009-P Deferral of Incremental Storm Restoration Expenses

9/2/15 N.Y. St. Reg. PSC-35-15-00009-P

NEW YORK STATE REGISTER

VOLUME XXXVII, ISSUE 35

September 02, 2015

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-35-15-00009-P

Deferral of Incremental Storm Restoration Expenses

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

The PSC is considering a petition filed by Central Hudson Gas & Electric Corporation seeking authority to defer $5.3 million of incremental electric storm restoration expenses incurred on November 26-27, 2014.

Statutory authority:

Public Service Law, sections 4(1), 65, 66(1), (9) and (12)

Subject:

Deferral of incremental storm restoration expenses.

Purpose:

Consideration of Central Hudson Gas & Electric's request to defer incremental expenses incurred during storm restoration work.

Substance of proposed rule:

Central Hudson Gas & Electric Corporation (Central Hudson or Company) has requested permission to defer for future rate recovery, with carrying charges, $5.3 million in incremental electric storm restoration expenses related to the 2014 Thanksgiving snow storm on November 26-27, 2014. The Company proposes to defer such expenses and the associated deferred income taxes as a regulatory asset in Account 182. Central Hudson proposes to offset the deferred costs and carrying charges against the electric net regulatory liability account established in Case 14-E-0318. The Commission may adopt, reject or modify, in whole or in part, Central Hudson’s request, and may also consider any related matters.

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.ny.gov/f96dir.htm. For questions, contact:

Elaine Agresta, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

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.

(15-E-0464SP1)