2006 RPM Report by Consolidated Edison Company of New York Inc.
NY-ADR
11/28/07 N.Y. St. Reg. PSC-29-07-00023-A
NEW YORK STATE REGISTER
VOLUME XXIX, ISSUE 48
November 28, 2007
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-29-07-00023-A
Filing Date. Nov. 07, 2007
Effective Date. Nov. 07, 2007
2006 RPM Report by Consolidated Edison Company of New York Inc.
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
The commission, on Nov. 7, 2007, adopted an order directing Consolidated Edison Company of New York Inc. (Con Edison) to defer on its books from shareholder funds a ratepayer credit of $18 million for not meeting the reliability goals for 2006 under the terms of the reliability performance mechanism (RPM).
Statutory authority:
Public Service Law, sections 65 and 66
Subject:
Con Edison's 2006 reliability report.
Purpose:
To require a ratepayer credit of $18 million.
Substance of final rule:
The Public Service Commission adopted an order directing Consolidated Edison Company of New York Inc. to defer on its books from shareholder funds a ratepayer credit of $18 million for not meeting the reliability goals for 2006 under the terms of its Reliability Performance Mechanism.
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.
(04-E-0572SA13)
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