Laws of New York (Last Updated: November 21, 2014) |
PBA Public Authorities |
Article 5. PUBLIC UTILITY AUTHORITIES |
Title 1-A. LONG ISLAND POWER AUTHORITY |
Section 1020-FF. Rates charged to veterans' organizations
Latest version.
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1. The authority shall charge a rate for electric service, regardless of the type of service offered, to any post or hall owned or leased by a not-for-profit veterans' organization that is no greater than the rate charged to domestic customers receiving single-phase service within the same village, town or municipality. 2. The authority shall not recover revenues foregone pursuant to subdivision one of this section from customers of the authority. To the extent that a lack of recovery of such foregone revenues may prevent the authority from meeting its bond coverage requirements, the authority shall reduce its non-personnel operating expenses by an amount equal to its foregone revenue.