New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 16. Department of Public Service |
Chapter VII. Provisions Affecting Two or More Kinds of Public Service |
Subchapter C. Rates and Charges |
Part 720. Construction and Filing of Tariff Schedules |
Subpart 720-6. Escalator Clauses |
Sec. 720-6.6. Steam fuel adjustment clauses generally
Latest version.
- (a) Where provisions are made in steam schedules for automatic adjustments of rates because of changes in cost of fuel, public utilities may elect to file statements to their schedules in lieu of amendments. Such statements shall not be a part of the schedule and shall not bear a leaf designation. Statements to each schedule shall be numbered consecutively, for example: “Statement No. 1 to P.S.C. No. 1,” and “Statement No. 2 to P.S.C. No. 1.”(b) A copy of the effective statement shall be kept available with each schedule to which it applies and may be attached to the schedule. Statements shall follow all leaves and supplements which are part of the schedule.(c) Every such statement shall be filed not less than three days prior to the date on which it is proposed to be effective.