Transfer of Street Lighting Facilities
NY-ADR
12/4/19 N.Y. St. Reg. PSC-49-19-00004-P
NEW YORK STATE REGISTER
VOLUME XLI, ISSUE 49
December 04, 2019
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-49-19-00004-P
Transfer of Street Lighting Facilities
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 petition filed by Niagara Mohawk Power Corporation d/b/a National Grid to transfer its street lighting facilities located in the Town of Eden to the Town of Eden.
Statutory authority:
Public Service Law, sections 5, 65, 66 and 70(1)
Subject:
Transfer of street lighting facilities.
Purpose:
To determine whether to authorize the transfer street of lighting facilities and the proper accounting for the transaction.
Substance of proposed rule:
The Public Service Commission (Commission) is considering a petition filed on October 29, 2019 by Niagara Mohawk Power Corporation d/b/a National Grid (National Grid), requesting authorization to transfer certain street lighting facilities located in the Town of Eden, New York (Town) to the Town.
Based on plant records, National Grid states that the original book cost of the facilities is approximately $138,811, and the net book value is $60,916, as of May 31, 2019. National Grid proposes to transfer the street lighting facilities to the Town for approximately $76,099, which includes the net book value of the assets as well as transition and transaction costs. National Grid explains that the agreement between it and the Town provides that the purchase price will be adjusted (up or down) to reflect the actual net book value at the date of the closing.
The full text of the petition and the full record of the proceeding may be viewed 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 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.
(19-E-0694SP1)
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