Montana regulators ask utilities to account for tax overhaul - KFBB.com News, Sports and Weather

Montana regulators ask utilities to account for tax overhaul

Posted: Updated:

HELENA, Mont. (AP) - Montana's utility regulators want to make sure utility customers benefit from the recently passed tax overhaul that reduces corporate tax rates.
  
The Public Service Commission on Wednesday directed regulated utilities to calculate the change in tax liability they expect under the new tax bill and, by the end of March, offer proposals for how it would apply the savings.
  
NorthWestern Energy's electric and natural gas utilities are subject to the requirement as is the electric service of Montana-Dakota Utilities. Energy West's natural gas and MDU's natural gas utility will have their rates adjusted for the effect of the new tax law as part of rate cases pending before the PSC.
  
The commission issued the order before the new tax law takes effect to preserve its authority to determine how the additional revenue should be spent.

(Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 

  • StatewideMore>>

  • Republic Services one of few options for plastic recycling

    Republic Services one of few options for plastic recycling

    Thursday, April 19 2018 12:25 AM EDT2018-04-19 04:25:32 GMT

    In Missoula, with fewer options available for residents to recycle plastic...

    In Missoula, with fewer options available for residents to recycle plastic...

  • What's next for the Arlee Warriors?

    What's next for the Arlee Warriors?

    Wednesday, April 18 2018 9:04 PM EDT2018-04-19 01:04:40 GMT
    Wednesday, April 18 2018 9:06 PM EDT2018-04-19 01:06:22 GMT

    After making waves across the nation with a viral video about suicide prevention, coach Zanen Pitts of the Arlee Warriors, made a stop in Great Falls to continue sharing their message.

    After making waves across the nation with a viral video about suicide prevention, coach Zanen Pitts of the Arlee Warriors, made a stop in Great Falls to continue sharing their message.

  • Mattress Firm Student Athlete of the Week: Polson's Kaelyn Smith

    Wednesday, April 18 2018 7:05 PM EDT2018-04-18 23:05:53 GMT

    Since she began playing little league, Kaelyn Smith has wanted to play softball for the University of Montana. And last Wednesday, the Polson Pirate infielder made that dream, a reality. 

    Since she began playing little league, Kaelyn Smith has wanted to play softball for the University of Montana. And last Wednesday, the Polson Pirate infielder made that dream, a reality. 

  • Most Popular

Powered by Frankly
Copyright - All content © 2001 - 2018. All Rights Reserved. For more information on this site, please read our Privacy Policy, Terms of Service, and Ad Choices.