NYPA to Hold Public Hearing on
New Ratemaking Standard
July 26, 2006
FOR IMMEDIATE RELEASE
WHITE PLAINSóThe New York Power Authority (NYPA)
will hold a public hearing on January 10, 2007, on a new ratemaking
standard for retail customers, as it is required to consider by the
Energy Policy Act (EPACT) of 2005.
The Demand Response and Smart Metering Standard
centers on application of time-of-use rate schedules and metering
equipment, reflecting any variance during different time periods in
cost of generating and purchasing electricity at the wholesale
EPACT, which modified the Public Utility Regulatory
Policies Act of 1978, provided for public comment as part of the
consideration of the appropriateness of the new standard for various
NYPA will conduct the Jan. 10 hearing at 10:30 a.m.
at its administrative office building in White Plains, at 123 Main
St., in the Jaguar room. The Power Authority trustees Tuesday
authorized the hearing.
■ NYPA uses no tax money or
state credit. It finances its operations through the sale of
bonds and revenues earned in large part through sales of
electricity. ■ NYPA is a leader in promoting
energy-efficiency, new energy technologies and electric
transportation initiatives. ■ It is the
nationís largest state-owned electric utility, with 18 generating
facilities in various parts of the state and more than 1,400
circuit-miles of transmission lines.
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