DHCR Reduces Air-Conditioner Rent Surcharge for 2017-18

The Division of Housing and Community Renewal (DHCR) recently announced a cut in this year’s air-conditioner rent surcharge for owners who pay for electricity. It set the monthly surcharge at $26.02, down 63 cents from $26.65 last year. This year’s decrease reflects the decrease in the price of electricity for electrical inclusion buildings as calculated by the Rent Guidelines Board’s 2017 Price Index of Operating Costs issued in April 2017.

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