INSIGHTSSERIES Power & Utilities | Retail Power
October 16, 2018
Electric Utility Customer Savings to Top $10 Billion in Tax Reform Windfall

The Trump Administration enacted the largest tax cut in over 30 years in 2018. The historic reductions are having a seismic impact on dozens of investor-owned electric utilities across the nation, leaving them with billions of dollars in over-collected revenues and slashing the rates they can charge consumers. EnerKnol’s first-of-its-kind report provides a comprehensive snapshot of the proceedings governing how utilities are treating over $10 billion in tax savings.

Key Figures
Approximate number of utilities filing105
Approximate number of proceedings pending30
Approximate number of cases where funds were diverted15