State Codes and Statutes

Statutes > New-york > Pbs > Article-2 > 42

§ 42. Other  charges.  1.  A  utility  corporation or municipality may  impose late payment charges not in excess of one  and  one-half  percent  per  month  on  the  unpaid  balance  of any bill including any interest  thereon. Any such late payment charge, however, may not  be  imposed  if  the  bill  is  the  subject  of  a pending complaint with the utility or  municipality  provided,  however,  that  such  charge  may  be   imposed  retroactively  if  the  complaint  is  finally  resolved in favor of the  utility or municipality.    2. Except as provided in subdivision one of this section,  no  utility  corporation  or  municipality may charge any residential customer a late  payment charge, penalty, fee, interest, or other charge of any kind  for  any  late  payment, collection effort, service disconnection or deferred  payment agreement occasioned by the customer's failure to pay timely for  gas or electric service.

State Codes and Statutes

Statutes > New-york > Pbs > Article-2 > 42

§ 42. Other  charges.  1.  A  utility  corporation or municipality may  impose late payment charges not in excess of one  and  one-half  percent  per  month  on  the  unpaid  balance  of any bill including any interest  thereon. Any such late payment charge, however, may not  be  imposed  if  the  bill  is  the  subject  of  a pending complaint with the utility or  municipality  provided,  however,  that  such  charge  may  be   imposed  retroactively  if  the  complaint  is  finally  resolved in favor of the  utility or municipality.    2. Except as provided in subdivision one of this section,  no  utility  corporation  or  municipality may charge any residential customer a late  payment charge, penalty, fee, interest, or other charge of any kind  for  any  late  payment, collection effort, service disconnection or deferred  payment agreement occasioned by the customer's failure to pay timely for  gas or electric service.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pbs > Article-2 > 42

§ 42. Other  charges.  1.  A  utility  corporation or municipality may  impose late payment charges not in excess of one  and  one-half  percent  per  month  on  the  unpaid  balance  of any bill including any interest  thereon. Any such late payment charge, however, may not  be  imposed  if  the  bill  is  the  subject  of  a pending complaint with the utility or  municipality  provided,  however,  that  such  charge  may  be   imposed  retroactively  if  the  complaint  is  finally  resolved in favor of the  utility or municipality.    2. Except as provided in subdivision one of this section,  no  utility  corporation  or  municipality may charge any residential customer a late  payment charge, penalty, fee, interest, or other charge of any kind  for  any  late  payment, collection effort, service disconnection or deferred  payment agreement occasioned by the customer's failure to pay timely for  gas or electric service.