PASNY Power Credit Clause (PASNY)
Residential Rate Schedules
The Town of Littleton, through the Littleton Electric Light Department, has been allocated a portion of the output of certain low cost, federally licensed hydroelectric power projects in the State of New York. This power is for end use for residential purposes only. To pass the savings to residential customers, this PASNY power credit clause has been instituted.
The savings each month in power costs from the PASNY power allocation will be credited on a per kWh basis to each residential customer, by dividing the Department's total monthly calculated dollar savings by the total estimated kWh to be billed to all residential customers in the current month. The amount per kWh to be credited will be multiplied by the kWh consumed and will appear as a line item on all residential bills.
No bill shall be reduced below the minimum charge in the applicable residential rate schedule as a result of the PASNY power credit.
Effective: June 1, 1996