Utility to pass on savings

— Changes to the tax code, passed into law on Dec. 22, will lower federal taxes on corporations.

According to President Stefan Bird, Pacific Power is committed to passing the benefit of this tax cut on to customers.

“We will work with our regulators and stakeholders on the best way to do that,” Bird said.

However, Bird said, it will take some months before the company will be able to offer proposals on how best to pass these benefits to customers.


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