Md. Utilities Expect to Reduce Rates after tax -law change - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Md. Utilities Expect to Reduce Rates After Tax-Law Change

Posted: Jan 05, 2018 9:23 AM Updated:
(Photo: WBOC) (Photo: WBOC)

BALTIMORE (AP/WBOC)- Maryland residents may see lower utility bills following the federal tax overhaul.

Utility providers BGE, Pepco and Delmarva Power said Friday they will file requests with the Maryland Public Service Commission to reduce their utility rates.

The companies all benefit from the cut in corporate tax rates from 35 percent to 21 percent.

BGE estimated that it will be able to pass $82 million in tax savings on to its customers. If its proposal is accepted by the Public Service Commission, the average BGE customer would see a reduction of $2.31 on their monthly electric bill. If customers receive gas and electric service, the monthly reduction would be $4.27, effective in February.

Pepco and Delmarva Power said the tax savings would benefit more than 770,000 of their Maryland customers but did not specify exactly how much the average customer would save on their monthly electric bill. 

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Ellendale Man Charged After Traffic Violation Reveals 8 Outstanding Capias Warrants

    Ellendale Man Arrested Following Traffic Violation

    Apr 21, 2018 11:47 PM2018-04-22 03:47:00 GMT
    Saturday, April 21 2018 11:51 PM EDT2018-04-22 03:51:58 GMT
    An Ellendale man was arrested Saturday after police pulled him over for a traffic violation and found that he had eight outstanding warrants.More
    An Ellendale man was arrested Saturday after police pulled him over for a traffic violation and found that he had eight outstanding warrants. More
  • Horses Spotted Running Through Laurel

    Horses Spotted Running Through Laurel

    Apr 21, 2018 5:22 PM2018-04-21 21:22:00 GMT
    Saturday, April 21 2018 6:00 PM EDT2018-04-21 22:00:04 GMT
    An unusual siting in Sussex County Saturday as more than a dozen horses were found running through the streets in Laurel.More
    An unusual sighting in Sussex County Saturday as more than a dozen horses were found running through the streets in Laurel. More
  • Draper Family and Friends Clean Up Adopted Highway

    Draper Family and Friends Clean Up Adopted Highway

    Apr 21, 2018 4:50 PM2018-04-21 20:50:00 GMT
    Saturday, April 21 2018 4:51 PM EDT2018-04-21 20:51:20 GMT
    SLAUGHTER BEACH, Del.- For the second time this year, longtime WBOC owner Thomas Draper's family and friends cleaned up the highway where he incurred critical injuries that eventually took his life. The roadway--Slaughter Beach Road--has since been adopteMore
    SLAUGHTER BEACH, Del.- For the second time this year, longtime WBOC owner Thomas Draper's family and friends cleaned up the highway where he incurred critical injuries that eventually took his life. The roadway--Slaughter Beach Road--has since been adopteMore
  • Most Popular StoriesMost Popular StoriesMore>>

  • Charges Filed in Draper Crash

    Charges Filed in Draper Crash

    Apr 21, 2018 4:42 PM2018-04-21 20:42:00 GMT
    Saturday, April 21 2018 4:42 PM EDT2018-04-21 20:42:17 GMT
    SUSSEX COUNTY, Del.- A Lewes Man is now facing charges in connection with the accident that fatally wounded longtime WBOC owner Thomas Draper. According to the Delaware Department of Justice, Shawn Armstrong was arrested on January 10th of this year. He iMore
    SUSSEX COUNTY, Del.- A Lewes Man is now facing charges in connection with the accident that fatally wounded longtime WBOC owner Thomas Draper. According to the Delaware Department of Justice, Shawn Armstrong was arrested on January 10th of this year. He iMore
  • Horses Spotted Running Through Laurel

    Horses Spotted Running Through Laurel

    Apr 21, 2018 5:22 PM2018-04-21 21:22:00 GMT
    Saturday, April 21 2018 6:00 PM EDT2018-04-21 22:00:04 GMT
    An unusual siting in Sussex County Saturday as more than a dozen horses were found running through the streets in Laurel.More
    An unusual sighting in Sussex County Saturday as more than a dozen horses were found running through the streets in Laurel. More
  • Two Salisbury Men Arrested in 2017 Homicide

    Two Salisbury Men Arrested in 2017 Homicide

    Apr 20, 2018 4:49 PM2018-04-20 20:49:00 GMT
    Friday, April 20 2018 5:39 PM EDT2018-04-20 21:39:40 GMT
    Lee R. Braboy (left) and Dionte K. Dutton (right)Lee R. Braboy (left) and Dionte K. Dutton (right)
    Lee R. Braboy (left) and Dionte K. Dutton (right)Lee R. Braboy (left) and Dionte K. Dutton (right)
    SALISBURY, Md. -- Investigators with Maryland State Police's homicide unit arresetd two Salisbury men Friday in connection to a shooting homicide outside a VFW in 2017. According to State Police, Lee R. Braboy, 38, and Dionte K. Dutton, 33, both of SalisbMore
    Investigators with Maryland State Police's homicide unit arrested two Salisbury men Friday in connection to a shooting homicide outside a VFW in 2017. More
Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices