The value of lost, expired or unused Metrocards over the course of a year adds up to a hefty $52 million. To encourage riders to keep better track of cards, the MTA will start charging a $1 Metrocard replacement fee later this year.
The program is expected to net $20 million from both the fee and the diminished costs associated with having fewer Metrocards -- to print, program, recycle and clean up -- in circulation. The MTA also hopes the surcharge will lower the 15 cents is spends on fare collection for every $1 taken in.
Read more at WYNC