TEP, Other Utilities Look To Return Tax-reform Windfall To Ratepayers

 

Via tucson.com

Customers of Tucson Electric Power Co. and other state-regulated utilities may be in line for a break on their bills, thanks to the federal tax overhaul.

But exactly how, and how much, are up in the air as companies and regulators grapple with the effects of the far-reaching legislation.

Prompted by regulators, TEP and other utilities are filing or preparing proposals to return to ratepayers potentially millions of dollars the companies will save because of a cut in the U.S. corporate tax rate to 21 percent, from 34 percent.

 

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