2006 New York Code - Rates.

 
    §  22-304  Rates. The fixing of rates for furnishing hydroelectric and
  other forms of energy to residential, commercial, industrial  and  other
  customers shall include consideration of (1) the actual cost to the city
  for  the  purchase,  distribution  and  delivery  of such energy to such
  customers, (2) the actual expenses necessary for administration  of  the
  public utility service, including expenses for research and development,
  and  (3) any other costs or charges allowed under law, including but not
  limited to, losses of tax revenues resulting from the operation  of  the
  public  utility service. Such rates shall be computed to provide revenue
  in an amount not less than that necessary to recover  fully  such  costs
  and  expenses.  Such  rates  shall  be  subject  to approval of the city
  council.