DHCR Decreases A/C Rent Surcharge for 2019–20

The Division of Housing and Community Renewal (DHCR) recently announced a decrease in this year’s air-conditioner rent surcharge for owners who pay for electricity. It set the monthly surcharge at $24.94, down $1.48 from $26.42 last year. This year’s decrease reflects a 5.61 percent decline in the price of electricity for electrical inclusion buildings as calculated by the Rent Guidelines Board’s 2019 Price Index of Operating Costs issued in April 2019.

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