§ 5-24 Granting of Discounts to NYCPUS.
RCNY § 5-24
(a)A utility shall provide NYCPUS with a discount against its monthly bill upon proper and timely submission of executed remittance forms to the utility. Each remittance form shall be limited to a single monthly billing cycle.
(b)The utility shall grant a discount to NYCPUS equal to the monthly aggregate amount of all remittance forms reflecting special rebates granted by NYCPUS to eligible energy users, eligible owners or qualified eligible energy users in accordance with 66 RCNY § 5-15 and discounts granted to vendors that, in turn, granted special rebates to eligible energy users, eligible owners or qualified eligible energy users in accordance with 66 RCNY § 5-14, provided, however, that the discount granted by the utility shall not be in an amount that exceeds the bill(s) for energy services supplied to NYCPUS by such utility. At no time shall a utility be required to carry forward on its books and records any discounts not fully made to NYCPUS to reduce bills for subsequent billing cycles.
