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Last month, the NYC Department of Environmental Protection (DEP) proposed a water rate increase for all rate payers citywide. DEP proposed a 2.76 percent increase to the water rate in 2022 to the city’s Water Board. Last year, with the pandemic as a backdrop, the DEP recommended freezing rates for FY 2021, and the Water Board ultimately approved the rate freeze. Should the 2.76 percent water increase be adopted, a typical multifamily unit, with metered billing, could see an increase of around $1.65 per month for water and sewer bills.
