Water Rates and Charges
NY-ADR
10/28/09 N.Y. St. Reg. PSC-43-09-00022-P
NEW YORK STATE REGISTER
VOLUME XXXI, ISSUE 43
October 28, 2009
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-43-09-00022-P
Water Rates and Charges
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Public Service Commission is considering a filing by Hudson Valley Water Companies, Inc. requesting approval to establish an escrow account with maximum balance of $22,000 by surcharging each customer $6.10 per quarter effective January 1, 2010.
Statutory authority:
Public Service Law, sections 4(1), 5(1)(f), 89-c(1) and (10)
Subject:
Water rates and charges.
Purpose:
To approve an escrow account with maximum balance of $22,000 by surcharging each customer $6.10 per quarter.
Text of proposed rule:
On October 7, 2009, Hudson Valley Water Companiesy, Inc. (Hudson Valley or the company) submitted a filing requesting authority to establish a replenishable escrow account with a maximum balance of $22,000 not including accrued interest, to cover the cost of extraordinary repairs and/or plant improvements/replacements. The company is proposing the funds be collected through a surcharge of $6.10 per customer per quarter commencing with the January 1, 2010 customer billing. The company needs to install a treatment system and the funds in the escrow account will be used to pay for the cost of this improvement and repay interest and principal on short-term loans needed to assist with the construction. The funds would be kept in a separate interest bearing bank account in New York State. Hudson Valley provides metered water service to 435 residential customers in five non-contiguous water systems located in the Towns of Hurley, Saugerties, Marbletown, and Olive, Ulster County. The Commission may approve or reject, in whole or in part, or modify the company's request.
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, NY 12223-1350, (518) 486-2655, email: [email protected]
Data, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, NY 12223-1350, (518) 474-6530, email: [email protected]
Public comment will be received until:
45 days after publication of this notice.
Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement
Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(09-W-0744SP1)
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