§ 5-73 Granting of Utility Credit to a Utility.
RCNY § 5-73
(a)Where a utility has granted special rebates to recipients in accordance with the provisions set forth in 66 RCNY § 5-65 or 66 RCNY § 5-67, it shall be entitled to a utility credit equal to the aggregate amount of all such special rebates it has provided to recipients.
(b)Such utility credit may be taken only as provided for in the Code, these rules and rules promulgated by the commissioner of DOF, for the purpose of permitting utilities a deduction against certain taxes.













