A Notice of Proposed Rule Making, I.D. No. PAS-42-19-00008-P, pertaining to Rates for the Sale of Power and Energy, published in the October 16, 2019 issue of the State Register, inadvertently indicated that a public hearing (though not required by law) would be held on November 21, 2019. The public hearing, however, is actually scheduled for November 22, 2019 at the Power Authority of the State of New York, 123 Main Street, White Plains, NY.

A brief description of the subject, purpose and substance of the Proposed Rule is as follows: The Power Authority of the State of New York (the “Authority”) proposes to decrease the production rates for its Westchester County Governmental Customers. The Authority provides electricity to governmental customers in Westchester County, including the County of Westchester, school districts, housing authorities, cities, towns and villages. Under the proposal, the overall 2020 production rates will decrease by 9.32% when compared with the 2019 rates. The decrease, which is based on a pro forma Cost-of-Service for 2020, is largely due to expected decreases in energy and capacity prices for electricity purchased from the New York Independent System Operator market to serve these customers. The new production rates will become effective with the January 2020 billing period.