ANDREW M. CUOMOJOHN R. KOELMEL

GovernorChairman

February 2, 2017

Via Electronic Filing

The Honorable Kimberly D. Bose Secretary

Federal Energy Regulatory Commission 888 First Street, N.E.

Washington D.C. 20426

Re:    New York Independent System Operator, Inc.
Docket No. ER16-835-000 - Compliance Filing

Dear Secretary Bose,

GIL C. QUINIONES

President and Chief Executive Officer

In its January 19, 2017 Letter Order in the above-referenced docket,1 the Federal Energy Regulatory Commission (the “Commission”) approved the uncontested Offer of Settlement
(“Settlement”) filed by the New York Power Authority (“NYPA”).  The Settlement resolves the issues set for hearing2 regarding NYPA’s formula rate template and formula rate implementation protocols used to determine NYPA’s annual transmission revenue requirement.  As part of its approval of the Settlement, the Commission’s Letter Order directed NYPA to file within 30 days revised tariff records in e-Tariff format that reflect the approved Settlement.

In compliance with the Letter Order, NYPA, working in collaboration with the New York Independent System Operator, Inc. (“NYISO”), the Tariff Administrator for the NYISO Open
Access Transmission Tariff (“OATT”), hereby supplies revised OATT records in eTariff format.  In accordance with the Settlement, such revised records are made effective April 1, 2016.

I.Documents Submitted

NYPA encloses the following documents:

1.  This transmittal letter;

2.  Clean tariff records reflecting the revisions to the OATT discussed herein (Attachment I);

1 New York Indep. Sys. Operator, Inc., 158 FERC ¶ 61,043 (2017).

2 New York Indep. Sys. Operator, Inc., 154 FERC ¶ 61,268 (2016).

123 Main Street, White Plains, NY 10601 │ 914-681-6200 │ www.nypa.gov

3.  Redlined tariff records reflecting the revisions to the OATT discussed herein (Attachment
II);

4.  A clean formula rate template in native Excel file format (Attachment III); and

5.  A clean version of Sections 14.2-14.2.2 of Attachment H of the OATT incorporating tariff revisions unrelated to NYPA’s transmission formula rate provisions that have, or have been proposed to, become effective subsequent to the April 1, 2016 effective date requested for the tariff revisions proposed herein (Attachment IV).3

II.Correspondence

Copies of correspondence regarding this filing should be served to the following persons:

Scott TetenmanGary D. Levenson, Esq.

Vice President - FinanceNew York Power Authority

New York Power Authority123 Main Street

123 Main StreetWhite Plains, NY 10601

White Plains, NY 10601914/390-8030

Tel: 914/681-6432Gary.Levenson@nypa.gov

Scott.Tetenman@nypa.gov

III.Service List

NYPA, in coordination with NYISO, will electronically serve a copy of this filing on all

persons on the official service list in this proceeding as well as the official representative of each of the NYISO’s customers, on each participant in the NYISO’s stakeholder committees, on the New York State Public Service Commission and the New Jersey Board of Public Utilities.

IV. Description of Proposed Tariff Changes

NYPA’s proposed changes to Attachment H of the NYISO OATT included herein reflect the changes agreed-upon in the Settlement, including changes to the formula rate template and formula rate implementation protocols, as accepted by the Letter Order.

V.Effective Date

In compliance with the Commission’s approval of the Settlement, the above-described NYISO OATT changes become effective April 1, 2016.

VI.Future Action

As stated in the Letter Order, the Settlement obligates NYPA to file new stated depreciation rates to be effective March 1, 2017.  NYPA acknowledges this commitment and intends to make this separate filing in the near future.

3 The NYISO filed revisions to OATT Section 14.2-14.2.2 on August 19, 2016 in Docket No. ER16-2444-000, and on January 30, 2017 in Docket No. ER17-884-000.

2

VII.   Conclusion

Wherefore, for the foregoing reasons, NYPA respectfully requests that the Commission accept the amended tariff records filed herein.

Respectfully submitted,

/s/ Gary D. Levenson

Justin E. DriscollGary D. Levenson

Executive Vice PresidentPrincipal Attorney

& General CounselNew York Power Authority

New York Power Authority123 Main Street

123 Main StreetWhite Plains, NY 10601

White Plains, NY 10601Tel: 914/390-8030

Gary.Levenson@nypa.gov

Attachments

3

CERTIFICATE OF SERVICE

I hereby certify that I have this day served the foregoing document upon each person designated on the official service list compiled by the Secretary in this proceeding.
Dated at White Plains, New York, this 2nd day of February, 2017.

/s/ Gary D. Levenson

Gary D. Levenson
Principal Attorney

New York Power Authority 123 Main Street

White Plains, NY 10601 Tel: 914/390-8030

Gary.Levenson@nypa.gov