Follow-on Merger Credit by National Grid USA
NY-ADR
10/17/07 N.Y. St. Reg. PSC-26-07-00017-A
NEW YORK STATE REGISTER
VOLUME XXIX, ISSUE 42
October 17, 2007
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-26-07-00017-A
Filing Date. Oct. 01, 2007
Effective Date. Oct. 01, 2007
Follow-on Merger Credit by National Grid USA
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
The commission, on Sept. 19, 2007, adopted an order approving the joint petition of Niagara Mohawk Power Corporation d/b/a National Grid to implement a follow-on merger credit associated with the recent acquisition by National Grid USA of the New England Gas Company assets of Southern Union Company.
Statutory authority:
Public Service Law, section 66
Subject:
Follow-on merger credit created by the recent acquisition by National Grid USA of the New England Gas Company assets of Southern Union Company.
Purpose:
To approve a follow-on merger credit.
Substance of final rule:
The Public Service Commission adopted an order approving the joint petition of Niagara Mohawk Power Corporation d/b/a National Grid to implement a Follow-on Merger Credit associated with the recent acquisition by National Grid USA of the New England Gas Company assets of the Southern Union Company, subject to the terms and conditions set forth in order.
Final rule compared with proposed rule:
No changes.
Text of rule may be obtained from:
Central Operations, Public Service Commission, Bldg. 3, 14th Fl., Empire State Plaza, Albany, NY 12223-1350, by fax to (518) 474-9842, by calling (518) 474-2500. An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(01-M-0075SA34)
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