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What is NYC RCNY § 5-72?

Quick Answer

(a) Where a utility or NYCPUS is required to make a special rebate pursuant to 66 RCNY § 5-65 or 66 RCNY § 5-67, they shall reduce each energy services bill for each eligible redistributor of energy or qualified eligible redistributor of energy or directly metered eligible revitalization area energy user by the full am

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 5-72 Implementation by a Utility and NYCPUS.

RCNY § 5-72

(a)Where a utility or NYCPUS is required to make a special rebate pursuant to 66 RCNY § 5-65 or 66 RCNY § 5-67, they shall reduce each energy services bill for each eligible redistributor of energy or qualified eligible redistributor of energy or directly metered eligible revitalization area energy user by the full amount of the special rebate that shall have accrued for the period covered by each such energy services bill. A utility or NYCPUS shall cease to make such reductions in such energy services bills upon receipt of notification from DBS that the certification of eligibility has been suspended or terminated, and a utility or NYCPUS shall change the amount of such reduction in accordance with notification from DBS.

(b)A utility shall not be required to make a special rebate to such eligible redistributor of energy or qualified eligible redistributor of energy in excess of the charges for energy services.

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