Uber will indeed put a limit on how high surge pricing can go in New York City this weekend, when the city is expected to be blanketed with up to 18 inches of snow. A blizzard warning has been issued by the National Weather Service, and according to New York Attorney General Eric Schneiderman, Uber has agreed to cap surge pricing starting Saturday at 8AM ET and lasting until Mayor Bill de Blasio lifts the city's snow emergency.
Following an agreement with my office, @Uber will cap surge pricing in NYC from 8AM Saturday until the Mayor’s snow emergency is lifted— Eric Schneiderman (@AGSchneiderman) January 22, 2016
Yesterday, an Uber spokesperson gave The Verge details on how much city riders can expect to pay. "We will be capping uberX at 3.5x [the normal fare] and Uber Black at 2.8x." The cap comes as a result of an agreement between Uber and New York City reached back in 2014; the company agreed to put a ceiling on surge pricing during "abnormal disruptions of the market," which includes treacherous weather. Whenever an emergency is declared, the cap is automatically trigged — a policy that Uber has made standard across the US. During the given timeframe, Uber will donate a percentage of customer payments to the Red Cross.