A Model of Incentives in Electric Utility Efficiency Programs

NY-ADR

9/10/08 N.Y. St. Reg. PSC-45-07-00006-A
NEW YORK STATE REGISTER
VOLUME XXX, ISSUE 37
September 10, 2008
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
 
I.D No. PSC-45-07-00006-A
Filing Date. Aug. 22, 2008
Effective Date. Aug. 22, 2008
A Model of Incentives in Electric Utility Efficiency Programs
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On August 20, 2008, the PSC adopted an order for a model of incentives in electric utility efficiency programs.
Statutory authority:
Public Service Law, sections 2, 5 and 66
Subject:
A model of incentives in electric utility efficiency programs.
Purpose:
To adopt a model of incentives in electric utility efficiency programs.
Substance of final rule:
The Commission, on August 20, 2008, adopted an order establishing a policy to govern the application of incentives in electric utility efficiency programs, establishing potential statewide incentive levels relative to a pre-determined estimate of overall program costs, apply a symmetrical positive or negative monetary adjustment based on achieved megawatt-hour reductions, apply to all electric utility-administered efficiency programs, and preserve flexibility in applications to ensure all objectives of the portfolio of efficiency programs are achieved, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email: [email protected] 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.
(07-M-0548SA10)
End of Document