Tax Cuts and Jobs Act of 2017
The Organization of MISO States called on FERC to order the nation’s utilities to cut rates in response to a recent reduction in federal corporate tax rates.
The Texas Public Utility Commission took its first steps in determining how to share federal corporate tax cuts with ratepayers.
Although electric utilities will see their tax rate fall from 35% to 21% under the Tax Cut and Jobs Act, few are making plans to spend their savings.
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