Power Authority of NYS Proposed Rule: Public Hearing NYC 11/17/11, Rates for the Sale of Power and Energy, and PSC Major Gas Rates Filing in Albany 11/7/11

Power Authority of the State of New York
PAS-41-11-00029-P   Rates for the sale of power and energy Power Authority of the State of New York,
New York, NY—Nov. 17, 2011, 11:00 a.m.

Proposed Action:

Increase the Fixed Costs component of the production rates.

Statutory authority:

Public Authorities Law, section 1005(6)

Subject:

Rates for the sale of power and energy.

Purpose:

To recover the Authority's costs.

Substance of proposed rule:

The Power Authority of the State of New York (the "Authority") proposes to increase the Fixed Costs component of the production rates for New York City Governmental Customers ("Customers"). Under the proposal, the Authority will increase the Fixed Costs component of the production rate in 2012 by $3.4 million or 2.1% when compared to 2011. This increase is based on the Preliminary 2012 Cost of Service and is necessary to ensure the recovery of all Fixed Costs associated with serving this Customer group. The new production rates will become effective with the January 2012 billing period. The proposal also includes technical corrections to the production minimum billing provision of the Customers' tariff to become effective January 2012.

Text of proposed rule and any required statements and analyses may be obtained from:

Karen Delince, Corporate Secretary, Power Authority of the State of New York, 123 Main Street, 11-P, White Plains, New York 10601, (914) 390-8085, email: secretarys.office@nypa.gov

Data, views or arguments may be submitted to:

Same as above.

Public comment will be received until:

45 days after publication of this notice.

 

Public Service Commission

PSC-32-11-00013-P  Major gas rate filing Department of Public Service,
Three Empire State Plaza,
3rd Fl. Hearing Rm.,
Albany, NY

Nov. 7, 2011, 1:00 p.m. and continuing daily as needed beginning at 10:00 a.m. (Evidentiary Hearing)*

*On occasion, there are requests to reschedule evidentiary hearing dates. If such a request is granted, notification of any subsequent scheduling changes will be available at the DPS website (www.dps.state.ny.us) under Case 11-G-0280.

Proposed Action:

The Commission is considering a proposal filed by Corning Natural Gas Corporation to make various changes in the rates, charges, rules and regulations contained in its Schedules for Gas Service—P.S.C. Nos. 4, 5 and 6—Gas.

Statutory authority:

Public Service Law, section 66(12)

Subject:

Major gas rate filing.

Purpose:

To consider a proposal to increase annual gas revenues by approximately $2.6 million.

Substance of proposed rule:

The Commission is considering a proposal filed by Corning Natural Gas Corporation (Corning) which would increase its annual gas revenues by about $2.6 million for the rate year ending April 30, 2013. This equates to a 23.05% increase in gas delivery revenues or approximately 11.90% on the total customer bill. Corning also proposed a multi-year rate plan including the initial rate year and two subsequent 12 month periods. The Company proposed using a levelized approach for the multi-year plan that would increase revenues by $1,429,281 in each Rate Year or 12.84% increase in gas delivery revenues, or approximately 6.63% on the total customer bill (as compared to an additional revenue increase of $901,464 in Rate Year Two and $583,033 in Rate Year Three). The Company also proposed staged increases for the two years beyond the multi-year plan (twelve months ended April 30, 2016 and April 30, 2017) to recover carrying costs on capital expenditures on projected infrastructure investments. The statutory suspension period for the proposed filing runs through April 20, 2012. The Commission may adopt in whole or in part or reject terms set forth in Corning's proposal, a multi-year rate plan, and/or other negotiated proposals.

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: Secretary@dps.state.ny.us