N.Y. Public Service Law 72-A – Increased fuel costs
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§ 72-a. Increased fuel costs. Every gas and electric corporation subject to the jurisdiction of the commission shall file with the commission, on a monthly basis, the following information regarding increased fuel costs:
Terms Used In N.Y. Public Service Law 72-A
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(a) what services are affected by the fuel increase;
(b) base cost of the fuel;
(c) name and address of supplier;
(d) point of delivery of all fuel purchased;
(e) present average cost of fuel to said corporation;
(f) dates used to determine average;
(g) amount per unit of consumption affected; and
(h) amount of fuel in storage at the end of each monthly period.
(i) and such other relevant information as the commission may require.