Current through Register Vol. 46, No. 45, November 2, 2024
Section 48.1 - Material changes(a) This Part applies only to changes in accounting which have a material effect on utility prices.(b) A change in accounting is material if the after-tax effect of such change exceeds 0.05 percent of common equity.N.Y. Comp. Codes R. & Regs. Tit. 16 § 48.1