Calendar Item      
  For Immediate Release |1-25-18      
  Media Contact | Holly Ward      
  Direct | 602-542-3847      
  E-Mail | hward@azcc.gov      
         
  Commissioner Olson to Lead Utility Tax Reform Workshop  
 

PHOENIX — Commissioner Justin Olson will lead a workshop on Wednesday, January 31 to discuss the impact of federal tax reform on current utility rates. The recent passage of federal tax reform changes the tax liability for corporations and pass-through business entities which could benefit utility customers when they open their monthly bill. The federal tax overhaul affects every regulated utility that maintains a corporate tax liability as an element of its revenue requirement.

Commissioner Olson’s workshop will address the potential this legislation has on lowering customer’s utility rates. Regulated utility companies were instructed to file their comments or proposals to the Corporation Commission docket by January 20, 2018 ahead of the public workshop. The workshop will be streamed live at http://azcc.gov/livebroadcast. The docket can be viewed at http://azcc.gov. Go to eDocket and enter docket
number AU-00000A-17-0379.

What:   Commissioner Olson’s Tax Reform Rate Impact Workshop  
       
When:  

Wednesday, January 31, 2018
10 a.m.

 
       
Where:  

Arizona Corporation Commission
1200 W. Washington Street, Phoenix, AZ 85007
Hearing Room One

 

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About us:
The Arizona Corporation Commission was established by the state’s constitution to regulate public utilities and business incorporation. The five Commissioners elected to the Corporation Commission oversee executive, legislative, and judicial proceedings on behalf of Arizonans when it comes to their water, electricity, telephone, and natural gas resources as well as the regulation of securities, pipeline, and railroad safety. To learn more about the Arizona Corporation Commission and its Commissioners, visit http://azcc.gov.