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Expert Analysis

Shippers Begin To Benefit As FERC Responds To Tax Reform

By Gary Kruse (October 22, 2018, 6:23 PM EDT) -- At the end of 2017, Congress enacted and President Donald Trump signed the Tax Cuts and Jobs Act[1] which reduced the corporate income tax rate to 21 percent. On the surface, a tax break seems positive for any company's profits. But there is a catch for many companies subject to regulations aimed at ensuring "reasonableness" of rates for consumers. The reduction in tax rates means tariff rates charged to a regulated entities' customers may need to be reduced....

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