Electric Revenue Decoupling Mechanism Targets of Rochester Gas and Electric Corporation (RG&...
NY-ADR
11/2/11 N.Y. St. Reg. PSC-44-11-00012-EP
NEW YORK STATE REGISTER
VOLUME XXXIII, ISSUE 44
November 02, 2011
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
EMERGENCY/PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-44-11-00012-EP
Filing Date. Oct. 14, 2011
Effective Date. Oct. 14, 2011
Electric Revenue Decoupling Mechanism Targets of Rochester Gas and Electric Corporation (RG&E)
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Proposed Action:
The Public Service Commission adopted an order approving, on an emergency basis, corrections to the revenue decoupling mechanism targets of Rochester Gas and Electric Corporation for electric service, to avoid a more than 20% surcharge to certain large customers that could disrupt their operations and cause them to take actions that would have adverse economic impacts.
Statutory authority:
Public Service Law, sections 65(1), (2), (3), 66(1), (4), (5), (10) and (12)
Finding of necessity for emergency rule:
Preservation of general welfare.
The specific reasons underlying the finding of necessity, above, are as follows:
Approval of corrections to the revenue decoupling mechanism targets of Rochester Gas and Electric Corporation for electric service is necessary to avoid rate increases and rate volatility of unacceptable magnitude. Such rate increases and rate volatility would disrupt the plans that certain large customers have made to arrange for payment of their significantly-sized electric bills, and could cause them economic hardship that would redound to the detriment of the surrounding community if the disruption causes them to reduce employment levels or expenditures in the community.
Subject:
Electric revenue decoupling mechanism targets of Rochester Gas and Electric Corporation (RG&E).
Purpose:
To correct on an emergency basis errors in the electric revenue decoupling mechanism targets of RG&E.
Substance of emergency/proposed rule (Full text is posted at the following State website:www.dps.state.ny.us):
The Public Service Commission approved, on an emergency basis subject to the terms and conditions set forth in the Order issued October 17, 2011 in Case 09-E-0717, corrections to the revenue decoupling mechanism targets of Rochester Gas and Electric Corporation for electric service, to avoid a more than 20% electric bill surcharge to certain large customers that could disrupt their operations and cause them to take actions that would have adverse economic impacts, The Commission may accept, reject or modify the relief set forth in the Order.
This notice is intended:
to serve as both a notice of emergency adoption and a notice of proposed rule making. The emergency rule will expire January 11, 2012.
Text of rule may be obtained from:
Leann Ayer, 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:
Jaclyn A. Brilling, 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:
45 days after publication of this notice.
Regulatory Impact Statement
A regulatory impact statement is 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.
Regulatory Flexibility Analysis
A regulatory flexibility analysis is 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.
Rural Area Flexibility Analysis
A rural area flexibility analysis is 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.
Job Impact Statement
A job impact statement is 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-E-0717EP1)
| End of Document |