N.Y. Comp. Codes R. & Regs. tit. 5 § 193.3

Current through Register Vol. 46, No. 49, December 4, 2024

Section 193.3 - Excelsior Jobs Program rates for gas or electric service

(a) Special Excelsior Jobs Program rates for gas or electric service, as further described in subdivision 12-d of section 66 of the Public Service Law, may remain available to participants as defined in this article for a period of up to 10 years commencing in the first taxable year that the participant receives a certificate of tax credit, or the first taxable year listed on its preliminary schedule of benefits, whichever is later. Provided however, if a participant is removed from the Excelsior Jobs Program pursuant to this article, the Excelsior Jobs Program rates may be denied. Notwithstanding any other provision of this section, in the event a Green CHIPS project enters into a phase two, such special excelsior job program rate shall be available to such project for its second ten-year schedule of benefits.

N.Y. Comp. Codes R. & Regs. Tit. 5 § 193.3

Amended New York State Register June 27, 2018/Volume XL, Issue 26, eff. 6/27/2018

Amended New York State Register December 16, 2020/Volume XLII, Issue 50, eff. 12/16/2020

Amended New York State Register May 3, 2023/Volume XLV, Issue 18, eff. 5/3/2023