File 2016 Fuel Cost Adjustment Forms Online by April 1

On Jan. 22, the DHCR issued new fuel cost adjustment factors for rent-controlled apartments for the 2015 calendar year. The prices are based on a study of home heating oil prices provided by the NYC Rent Guidelines Board oil survey, a NYS Energy Research and Development Authority report, rate schedules for utility companies providing heating fuel, and a survey of retail coal vendors. During the calendar year for 2015, the findings show that fuel prices generally decreased, with three exceptions for: Gas—National Grid of New York, Gas—National Grid, and Electricity.

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