Alternative Treatment of Revenues and Costs Associated with Transportation of Natural Gas

NY-ADR

4/14/10 N.Y. St. Reg. PSC-41-09-00012-A
NEW YORK STATE REGISTER
VOLUME XXXII, ISSUE 15
April 14, 2010
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
 
I.D No. PSC-41-09-00012-A
Filing Date. Mar. 29, 2010
Effective Date. Mar. 29, 2010
Alternative Treatment of Revenues and Costs Associated with Transportation of Natural Gas
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 3/25/10, the PSC adopted an order denying Corning Natural Gas Corporation's request for an alternative treatment of local production revenues associated with transportation of locally produced natural gas.
Statutory authority:
Public Service Law, section 66(12)
Subject:
Alternative treatment of revenues and costs associated with transportation of natural gas.
Purpose:
To deny Corning's petition for alternative treatment of revenues and costs associated with transportation of natural gas.
Substance of final rule:
The Commission, on March 25, 2010, adopted an order denying Corning Natural Gas Corporation’s request for an alternative treatment of local production revenues associated with transportation of locally produced natural gas, and directed the company to refund 90% of all revenues generated from receipt of local production gas in excess of the $250,000 imputation, 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-G-0772SA3)
End of Document