PSC creates fund supporting rural local telephone service

The New York State Public Service Commission moved today to set up a State Universal Service Fund (SUSF) that will provide four years of funding to keep residential local telephone service available in the state’s high-cost rural areas.

The SUSF will be able to provide up to $17 million in funding from 2013 to the end of 2016. Its approval comes under the terms of a joint proposal supported by the state Department of Public Service, the Utility Intervention Unit of New York’s Department of State, and Verizon, as well as the state’s small telephone, cable, and wireless companies.

“While the telecommunications environment has become more diverse, competitive, and continues to evolve, the commission remains dedicated to ensuring the availability of affordable basic residential telephone service throughout New York state,” Public Service Commission Chairman Garry Brown said in a news release. The commission said the fund will ease pressures to increase local telephone rates.

[elementor-template id="66015"]

The SUSF will make $5 million available in 2013 and $4 million available each year from 2014 to 2016. A total of 31 local exchange companies will be eligible for funding after demonstrating need in rate cases.

In 2016, the Public Service Commission plans to review whether a successor fund to the SUSF should be established. The SUSF is a replacement for an expiring funding mechanism known as the Transition Fund.

 

Contact Seltzer at rseltzer@cnybj.com

Advertisement

 

Journal Staff

Recent Posts

Cayuga Health, CRC announce affiliation agreement

ITHACA, N.Y. — Cayuga Health System (CHS), based in Ithaca, and Cancer Resource Center of…

16 hours ago

MACNY wins $6 million federal grant for advanced-manufacturing apprenticeships

DeWITT, N.Y. — MACNY, the Manufacturers Association will use a $6 million federal grant to…

16 hours ago

HUD awards $50 million to help redevelop Syracuse public housing near I-81

SYRACUSE, N.Y. — The Syracuse Housing Authority (SHA) and the City of Syracuse will use…

4 days ago

Parking garage for Wynn Hospital set to open

UTICA, N.Y. — Nearly nine months after Wynn Hospital opened in downtown Utica, its promised…

4 days ago
Advertisement

State comptroller audit finds Dolgeville village treasurer failed to maintain adequate records

DOLGEVILLE, N.Y. — An audit by New York State Comptroller Thomas P. DiNapoli’s office found…

4 days ago

Pathfinder Bancorp to pay latest quarterly dividend in early August

OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has…

4 days ago