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June 01, 2023
Home » PUCT Reduces Rates for AEP, Others on Income Tax Cut
The Public Utility Commission of Texas last week approved a settlement agreement reducing AEP Texas’ annual revenue requirement (ARR) by $27 million, largely to reflect last year’s federal income tax legislation (Docket No. 48222). AEP Texas agreed to reduce the revenue requirement in its distribution-cost recovery factors (DCRFs) to $55.6...
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