Tax Cuts and Jobs Act of 2017
Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.
FERC ordered 48 electric utilities to revise their transmission rates to reflect the recently enacted Tax Cuts and Jobs Act.
The cut in federal corporate income taxes figured prominently in fourth quarter earnings reports by OGE Energy, CenterPoint Energy and Entergy.
The Texas PUC postponed until March a decision on whether to remove reliability unit commitments from ERCOT’s operating reserve demand curve.
The Edison Electric Institute celebrated the passage of the Tax Cuts and Jobs Act at its annual briefing to Wall Street analysts.
The number of state officials and utilities announcing actions because of the Tax Cut and Jobs Act signed by President Trump last month keeps growing.
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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