Connecticut Regulators Reviewing Possible Electric Rate Cuts

HARTFORD, Conn. (AP) — Connecticut regulators are reviewing whether electric customers should expect lower rates, thanks to the new federal tax law.
Utilities regulated by the Public Utilities Regulatory Authority are allowed to incorporate certain federal income tax obligations into the rates they charge customers. The new federal tax law included a corporate tax cut that benefits regulated utilities.
DPUC will consider whether rates should be adjusted to reflect the federal tax changes.