Wednesday, March 29, 2023

Mayor Adams Helps New Yorkers Save Up to $150 Million in Overdue Water Bills

NEW YORK – New York City Mayor Eric Adams and Department of Environmental Protection (DEP) Commissioner Rohit T. Agarwal launched a temporary water bill amnesty program on Monday to allow New Yorkers to waive up to $150 million in interest if they pay their past dues. Can be saved. water bills.

Limited-time program that will waive up to 100 percent of interest when customers pay some or all of their outstanding water bills.

Nearly 200,000 customers owe the DEP a total of $1.2 billion in water bill fees, the program will help New Yorkers pay off debt and save money, while ensuring the city continues to invest in and maintain water infrastructure Can keep Important city water.

Mayor Adams said, “As New Yorkers continue to recover financially from the pandemic, we are helping our city’s nearly 200,000 water customers keep up to $150 million in their pockets when they pay through this water bill relief program settle your debt with. “This water forgiveness program will allow property owners to pay off their loans at a lower cost, while providing the Department of Environmental Protection with the funds needed to operate the city’s critical water supply and treatment system. I encourage all eligible customers to take advantage of this limited-time savings program that we are proud to offer.”

The waiver program authorized by the New York City Water Board will run for only 90 days from January 30, 2023 to April 30, 2023.

There are nearly 200,000 DEP customers with outstanding water bills that combined amount to $1.2 billion in delinquency, and about 85 percent of that debt comes from residential property.

Bronx Borough President Vanessa L. “Many residents are still reeling from the devastating impact of COVID-19 on our communities and are struggling to make ends meet,” Gibson said. “I want to thank the Department of Environmental Protection for implementing this important forgiveness program that will support thousands of New Yorkers as they try to get back on their feet.”

For customers with delinquent delinquencies of more than $1,000 for more than one year, the DEP will offer three forgiveness options:

  • 100% interest waiver on payment of 100% of the primary bill;
  • If 50 percent of the primary bill is paid, then 75 percent interest will be waived; either
  • 50 percent interest will be waived off on payment of 25 percent of the primary bill.

Customers who owe less than $1,000 are still eligible to receive 100 percent interest forgiveness if they pay the bill in full.

All customers who participate in the water waiver program and have outstanding balances will be required to enter into a payment agreement with DEP.

Data shows that 85 percent of customers who set up a payment plan stick with it and successfully pay off their loans.

To help low-income customers who have already participated in New York State’s Low Income Homeowner Water Assistance Program (LIHWAP), DEP is offering up to an additional $30 million to help these homeowners, including your Up to $5,000 of the balance is forgiven.

“Nearly one in four customers is behind on their water bills. This program gives New Yorkers left behind during the pandemic a way to save money and catch up,” said Alphonso L. Carney Jr., president of the New York City Water Board. critical to helping pay for the critical operation and maintenance of U.S. infrastructure, as well as funding critical investments and improvements.”

DEP supplies more than 1 billion gallons of high-quality drinking water and treats 1.3 billion gallons of wastewater to more than 9 million New Yorkers every day. Water system expenditures, including maintenance, repairs and capital improvements, are funded directly by revenue collected from water bills.

The DEP is faced with a rising balance of accounts receivable from outstanding accounts, without which the city cannot survive. Customers pay $0.01 per gallon in both water and sewer charges, and the average New York City household uses about 70,000 gallons of water per year, according to the mayor’s office.

To obtain a pardon and confirm eligibility, or for more information, customers should visit the DEP’s water waiver website or call (718) 595-7000.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news