AGENCY TESTIMONY
Implications of MCP billing
2:24:38
·
58 sec
The testimony concludes by discussing the broader implications of the Multifamily Conservation Program (MCP) billing structure, including its potential regressive nature and impact on water conservation efforts.
- New York City still has some of the lowest water rates in the country
- Water bills are generally seen as regressive, with everyone paying the same rate regardless of income
- If MCP properties are charged more on average than most metered apartment buildings, it could make water bills even more regressive
- MCP billing is not tied to water usage, providing no direct incentive to reduce water waste
- Some property owners may prefer the rate certainty of MCP and be willing to pay a premium to avoid unexpected bill fluctuations
Jordan Paige
2:24:38
New York City still has some of the lowest water rates in the country.
2:24:41
However, In general, water bills are seen as regressive in the sense that everyone pays the same rate regardless of having limited income or ample disposable income.
2:24:51
But if MCP properties are charged more on average than most media department buildings, that could make water bills even more regressive.
2:25:00
Without seeing actual water usage data for these MCP properties, it is impossible to say whether they were paid more or less if they switched to me to billing.
2:25:09
Regardless, because MCP is not tied to water usage, there is no direct incentive to reduce water waste.
2:25:16
Therefore, it could be that MCPE that charges these
James F. Gennaro
2:25:19
properties continue
Jordan Paige
2:25:21
and they would underwise pay, under meter billing, fails to this current water conservation or both.
2:25:26
On the other hand, some property owners may prefer rate certainty and are willing to potentially pay a premium to avoid unexpected bill shock.
2:25:33
Thank you for the opportunity to testify and welcome you.
