Press-Republican

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April 5, 2014

Boulders, winter delaying pipeline

(Continued)

SURCHARGE EXTENDED

Franklin County has contributed about $1.5 million toward pre-planning, design and early phases of the project, and former Gov. David Paterson pledged $2.5 million in state funds toward it.

Sen. Betty Little (R-Queensbury) secured another $2 million, and the company is kicking in the rest.

But it will recoup that investment with a surcharge it requested through the State Public Service Commission, which issued the original pipeline permits.

A year ago, construction costs surpassed the expected price by $9 million, and the company received permission to pass that cost onto system users across the seven-year development period.

Ward said the company will now have to extend collection of the surcharge beyond its original time frame but did not say for how much longer.

Email Denise A. Raymo:draymo@pressrepublican.com

657 The goal amount of customers hopefully using natural gas by the end of 2014.

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