New York State Electric & Gas Electric Corporation
(NYSEG)
NYSEG has filed tariff revisions September 26, 2018 with the
New York State Public Service Commission
(PSC) to implement a tax credit associated with the Tax Cuts and Jobs Act of 2017, to become effective October 1, 2018. These tariff revisions reflect a $22.9 million reduction in electricity delivery rates and a $8.6 million reduction in natural gas delivery rates. The delivery rates for service that appear on a customer’s bill shall be adjusted to reflect the tax credit.
Customers may see some charges prorated on an October or November bill to take into account energy delivered before and after the tax credits went into effect.
The credits to be applied to the per kilowatt-hour, per kilowatt, and per therm delivery rates are shown on a Statement for each tariff Schedule, available at
nyseg.com.