Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform
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Title : Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform
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You are now reading the article Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform With link address https://newstoday-ok.blogspot.com/2018/01/baltimore-gas-electric-co-wants-to-pass.html
Title : Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform
link : Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform
news-today.world | Baltimore Gas & Electric Co. plans to pass on about $82 million in tax savings to customers as a result of the federal tax reform passed by Republicans in December that lowered the corporate tax rate.
The Baltimore-based utility announced the pending rate cuts Friday, saying the average residential electric customers can expect their monthly bill to decrease by $2.31 beginning in February. Bills will go down by an average of $4.27 a month for customers who buy both electricity and natural gas from BGE.
“For us it was real simple,” said BGE CEO Calvin G. Butler Jr. . “We wanted to share those benefits with consumers.”
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The Baltimore-based utility announced the pending rate cuts Friday, saying the average residential electric customers can expect their monthly bill to decrease by $2.31 beginning in February. Bills will go down by an average of $4.27 a month for customers who buy both electricity and natural gas from BGE.
“For us it was real simple,” said BGE CEO Calvin G. Butler Jr. . “We wanted to share those benefits with consumers.”
More
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You are now reading the article Baltimore Gas & Electric Co. wants to pass on $82M in tax savings to customers after federal tax reform With link address https://newstoday-ok.blogspot.com/2018/01/baltimore-gas-electric-co-wants-to-pass.html