A document submitted by NYSERDA to the PSC in May indicates some rethinking on the topic of submetering:
In some low-income, electrically-heated buildings that are rent stabilized, rent controlled, or regulated by state or local agencies (where owners are required to pay the heat bill), and have separate circuits for heat and other electric needs (such as many Mitchell Lama buildings), two meters may be installed so that the tenant can be responsible for non-heat electric charges, and the owners will still pay for heat. NYSERDA is working with NYS DHCR to update the rent reduction formula, and determine the best implementation plans to accommodate Major Capital Improvement (MCI) issues that impact the potential for submetering projects.The last time NYSERDA worked with DHCR on rent reduction formulas for submetering it was disastrous for many tenants. See PULP's Analysis of DHCR Rent Reductions for Conversion to Submetering, and PULP Analyzes DHCR Submetering Rent Adjustments.
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