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…

Virginia Regulator Clears Dominion’s $226 Million Portfolio of Demand Side Programs

The Virginia State Corporation Commission approved Dominion Energy Inc. to implement ten energy efficiency programs and one demand response initiative for a five-year period starting July 1, 2019, according to a May 2 press release. The Grid Transformation and Security Act, enacted last year, directed the company to develop energy efficiency measures of up to…

Michigan Regulators Slash DTE Electric’s Revenue Hike by Nearly Half, Replace Net Metering Program

The Michigan Public Service Commission on May 2 approved a rate increase of about  $273 million for DTE Electric Co., over 40 percent less than the company’s request. The agency rejected the company’s proposed method to determine payments for customers with distributed renewable generation, as well as its proposed system access charge, finding that it…