N.Y. Public Service Law § 38: Budget or levelized payment plans; quarterly billing

§ 38. Budget or levelized payment plans; quarterly billing. 1. Every

utility corporation or municipality shall offer residential customers a

budget billing plan or levelized payment plan for payment of charges for

gas or electric service. Any such plans shall also be offered to

customers who are condominium associations or cooperative housing

corporations regardless of whether such associations or corporations are

classified as residential or commercial customers.

2. Every utility corporation or municipality shall offer residential

customers who are sixty-two years of age or older, as an alternative to

monthly billing, a plan for payment on a quarterly basis of charges for

gas and electric service rendered by such corporation or municipality,

provided that such customer's average annual billing is not more than

one hundred fifty dollars.

3. The commission may establish such terms and conditions for plans

required under this section as it deems necessary or proper.