Bill Text: NY A06534 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to the general powers of the Long Island office of the department of public service to review the rates and charges of the Long Island power authority.
Spectrum: Slight Partisan Bill (Republican 10-4)
Status: (Engrossed - Dead) 2016-06-09 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS [A06534 Detail]
Download: New_York-2015-A06534-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
6534
2015-2016 Regular Sessions
I N A S S E M B L Y
March 26, 2015
___________
Introduced by M. of A. THIELE -- read once and referred to the Committee
on Corporations, Authorities and Commissions
AN ACT to amend the public service law, in relation to the general
powers of the Long Island office of the department of public service
to review the rates and charges of the Long Island Power Authority
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Paragraph (a) of subdivision 3 of section 3-b of the public
2 service law, as added by section 1 of part A of chapter 173 of the laws
3 of 2013, is amended to read as follows:
4 (a) Review and make recommendations to the board of the Long Island
5 power authority with respect to the rates and charges, including charges
6 related to energy efficiency and renewable energy programs, to be estab-
7 lished by the authority and become applicable on or after January first,
8 two thousand sixteen pursuant to subdivision (u) of section one thousand
9 twenty-f of the public authorities law.
10 (i) The purpose of such review is to make recommendations designed to
11 ensure that the authority and the service provider provide safe and
12 adequate transmission and distribution service at rates set at the
13 lowest level consistent with sound fiscal operating practices.
14 (ii) The department's recommendations shall be designed to be consist-
15 ent with ensuring that the revenue requirements related to such rate
16 review are sufficient to satisfy the authority's obligations with
17 respect to its bonds, notes and all other contracts.
18 (iii) [In the context of such review, the department may not make any
19 recommendation that would modify the compensation or fee structure
20 included within the operations services agreement] IN THE CONTEXT OF
21 SUCH REVIEW, THE DEPARTMENT MAY MAKE RECOMMENDATIONS WITH REGARD TO THE
22 COMPENSATION OR FEE STRUCTURE INCLUDED WITHIN THE OPERATIONS SERVICES
23 AGREEMENT.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10148-01-5
A. 6534 2
1 (iv) In undertaking such review and in making recommendations related
2 to the proposed rates and charges, the department shall establish stand-
3 ards, policies and procedures that, at a minimum, provide for public
4 statement and evidentiary hearings and participation of intervenors and
5 other parties, and ensure that any final recommendations related to the
6 proposed rates and charges are provided to the authority within two
7 hundred forty days of the filing with the department of such plan.
8 (v) The parties to any such rate review proceeding shall include, but
9 not be limited to, department staff, the authority, the service provider
10 and, to the extent it deems necessary or appropriate, the utility inter-
11 vention unit.
12 S 2. This act shall take effect immediately.
