Colorado Electric, Gas Utilities Return $170 Million in Federal Tax Cut Savings to Customers
The Colorado Public Utilities Commission announced that electric and gas customers will receive about $168 million in refunds, reflecting savings from the federal tax cut law, which slashed the corporate income tax rate to 21 percent from 35 percent, effective Jan. 1, 2018, according to a May 3 press release. Customers will receive benefits in…