§ 5-23 Granting of Discount to Vendors.
RCNY § 5-23
(a)Vendors that have granted special rebates to eligible energy user or eligible owners in accordance with 66 RCNY § 5-14 of these rules, shall submit executed remittance forms to the utility or NYCPUS, as applicable. Each remittance form shall be limited to a single monthly billing cycle.
(b)A utility or NYCPUS shall grant a discount to a vendor equal to the monthly aggregate amount of all remittance forms reflecting special rebates granted by a vendor to eligible energy user, eligible owners or qualified eligible energy users in accordance with 66 RCNY § 5-15, provided, however, that the discount granted by the utility or NYCPUS shall not exceed the bill(s) for the energy services supplied to such vendor by such utility or NYCPUS, respectively. At no time shall a utility or NYCPUS be required to carry forward on its books and records any discounts not fully made to a vendor to reduce bills for subsequent billing cycles.
