Effective Date: March 26th 2026
Key points:
- Ratio Utility Billing Systems: Allows landlords to allocate utility costs among tenants using a ratio utility billing system if the total amount billed does not exceed the utility provider’s total charges.
- Billing Restrictions: Prohibits landlords from charging markups, surcharges, administrative fees, or other excess amounts beyond actual utility charges unless otherwise permitted by law.
- Disclosure Requirements: Requires landlords to clearly disclose the utility allocation method within the lease agreement or an addendum.
- Overall Impact is to establishes statewide standards for ratio utility billing systems and limits additional utility related charges to tenants.
