Rep. Kelly Hails Lowering of PA Utility Bills Thanks to Tax Cuts & Jobs Act

May 17, 2018

WASHINGTON — U.S. Representative Mike Kelly (R-PA) – a member of the House Ways and Means Committee – issued the following statement today in response to the announcement by the Pennsylvania Public Utility Commission (PUC) that it will be requiring a monthly credit (or “negative surcharge”) on customer bills for 17 major electric, natural gas, and water and wastewater utilities, totaling more than $320-million per year. According to PUC, this change is “the result of the substantial decrease in federal corporate tax rates and other tax changes under the Tax Cuts and Jobs Act (TCJA) of 2017, which impacted the tax liability of many utilities.”

“Today’s announcement of lower utility rates for Pennsylvania households is the latest piece of great news to come about because of the historic enactment of the Tax Cuts and Jobs Act. In addition to lower taxes, more take-home pay, and a surging economy that’s seeing companies come back and grow in America, millions of Pennsylvanians will soon be saving money every month on their gas, water, and electrics bills. More affordable bills will help every family in Western Pennsylvania, as they already have across our country. I couldn’t be prouder to have fought for both PUC’s decision and the commonsense tax cuts that made it possible.”

BACKGROUND: On March 9, 2018, Rep. Kelly joined fellow Pennsylvania Reps. Lloyd Smucker (R-PA), Patrick Meehan (R-PA), and Bill Shuster (R-PA) in sending an official letter to PUC insisting that the Commission “act expeditiously to ensure that, in light of the Tax Cuts and Jobs Act, utility customers receive the full benefits of the newly reduced federal tax rate.” The full letter can be viewed here.