Adjustments to the the Revenue Decoupling Mechanisms
NY-ADR
5/4/22 N.Y. St. Reg. PSC-18-22-00003-P
NEW YORK STATE REGISTER
VOLUME XLIV, ISSUE 18
May 04, 2022
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-18-22-00003-P
Adjustments to the the Revenue Decoupling Mechanisms
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Commission is considering a proposal filed by Central Hudson Gas & Electric Corporation to modify P.S.C. No. 12 — Gas, regarding the Revenue Decoupling Mechanism mechanics for its Service Classification No. 11 customers.
Statutory authority:
Public Service Law, sections 5, 65 and 66
Subject:
Adjustments to the the Revenue Decoupling Mechanisms.
Purpose:
To ensure safe and adequate service at just and reasonable rates charged to customers without undue preferences.
Substance of proposed rule:
The Public Service Commission (Commission) is considering a proposal filed by Central Hudson Gas and Electric Corporation (Central Hudson) on April 5, 2022 to modify its Tariff Schedule, P.S.C. No. 12 – Gas.
The proposal seeks to make adjustments to the mechanics of the Revenue Decoupling Mechanisms (RDM) for Service Classification (SC) No. 11. The initial application of the 2.5% cap RDM in SC 11, as described in the Joint Proposal, filed on August 24, 2021 and approved by the Commission in the Order Adopting Terms of Joint Proposal and Establishing Electric and Gas Rate Plans, issued on November 18, 2021, resulted in a larger than anticipated surcharge. The proposed amendment has an effective date of July 20, 2022.
The full text of the proposal and the full record of the proceeding may be reviewed online at the Department of Public Service web page: www.dps.ny.gov. The Commission may adopt, reject or modify in whole or in part, the action proposed and may also resolve related matters.
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.ny.gov/f96dir.htm. For questions, contact:
John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email: [email protected]
Data, views or arguments may be submitted to:
Michelle L. Phillips, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email: [email protected]
Public comment will be received until:
60 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.
(20-G-0429SP2)
| End of Document |