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 proposal filed by Consolidated Edison Company of New York, Inc. to make various changes in the rates, charges, rules and regulations contained in its Schedules for Electric Service.
Statutory authority:
Public Service Law, section 66(12)
Subject:
Major electric rate filing.
Purpose:
To consider a proposal to increase annual electric revenues by approximately $654.1 million or 5.8%, subject to update.
Public hearing(s) will be held at:
11:00 a.m., October 15, 2008* at Public Service Commission, 3 Empire State Plaza, 3rd Fl. Hearing Rm., Albany, NY; various times, Oct. 16-17, 2008; Oct. 20-24, 2008; and Oct. 27-30, 2008, as necessary, at Public Service Commission, 3 Empire State Plaza, 19th Fl. Board Rm., Albany, NY.
* On occasion, there will be requests to postpone or reschedule and scheduling changes will be available on the DPS website (www.dps.state.ny.us) for Case 08-E-0539.
Interpreter Service:
Interpreter services will be made available to hearing impaired persons, at no charge, upon written request submitted within reasonable time prior to the scheduled public hearing. The written request must be addressed to the agency representative designated in the paragraph below.
Accessibility:
All public hearings have been scheduled at places reasonably accessible to persons with a mobility impairment.
Substance of proposed rule:
The Commission is considering a proposal filed by Consolidated Edison Company of New York, Inc. (Con Edison) to increase its annual electric revenues by approximately $654.1 million or 5.8% over total electric revenues (15.4% over transmission and distribution revenues) for the rate year ending March 31, 2010. Testimony and exhibits filed in support of the Company's proposals are posted on the DPS web page for Case 08-E-0539. That page may be accessed at www.dps.state.ny.us. The amount requested by the Company for that rate year was increased to $774.4 million in a July 25, 2008 update. Both the initial and updated requests reflect Company proposals to mitigate the revenue increases. The Company also proposes electric revenue increases in the rate years ending March 31, 2011 and March 31, 2012 of $474.7 million and $420.5 million, respectively. These figures have not been updated yet. The Company also offers the option of levelizing the three annual revenue increases. The statutory suspension period for the filing runs through April 5, 2009. The Commission may adopt in whole or in part or reject terms set forth in Con Edison's filings. The Commission may also adopt changes that go beyond the Company's filings.
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.us
Data, 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: jaclyn_brilling@dps. state.ny.us
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.
