101 public utilities have cut rates following tax cuts

101 public utilities have cut rates following tax cuts

by WorldTribune Staff, June 8, 2018 As air conditioning season kicks into gear, a large number of Americans will see relief from the heat in the form of lower electric bills. Following tax cuts proposed by President Donald Trump and passed by the Republican Congress, 101 public electric, gas and water utilities are lowering their […]

More tax reform bonuses: Cuts in utility rates, 50 percent staff reduction at EPA

More tax reform bonuses: Cuts in utility rates, 50 percent staff reduction at EPA

by WorldTribune Staff, January 10, 2018 Several U.S. utility companies announced they are cutting rates as a result of the Tax Cuts and Jobs Act (TCJA), which was signed into law on Dec. 22. Effective on Jan. 1, the TCJA decreased the corporate tax rate from 35 percent to 21 percent. Energy suppliers like Washington’s […]