N.Y. Public Service Law 135-O – Recovery of costs
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§ 135-o. Recovery of costs. A utility shall be allowed to recover as normal operating expenses through rates the just and reasonable costs of carrying out its responsibilities and home conservation plan under this article, as determined by the commission after public hearing upon reasonable notice.
Terms Used In N.Y. Public Service Law 135-O
- Commission: means the public service commission of the state of New York. See N.Y. Public Service Law 135-B
- Home conservation plan: means the general program administered and established by each utility pursuant to this article, which sets forth the framework for individual home energy conservation programs for eligible customers. See N.Y. Public Service Law 135-B
- Utility: means an investor-owned gas or electrical corporation regulated by the commission whose gross revenues for the preceding calendar year exceeded three hundred fifty million dollars. See N.Y. Public Service Law 135-B