Delaware General Assembly
Rep. John Kowalko
Rep. Kim Williams
For immediate release:
January 3, 2018
Letter supports petition to the Public Service Commission requesting reduction of utility rates in Docket No. 17-1240 due to recently signed taxed reform
DOVER – Twenty-six members of the Delaware General Assembly sent a letter to the Delaware Public Service Commission pronouncing their support for Public Advocate Drew Slater’s petition to open a docket “to reduce the rates of Commission-regulated utilities as a result of the Tax Cuts and Jobs Act of 2017’s (the ‘Tax Act’) reduction in corporate income tax and other tax changes.” State Representatives John Kowalko and Kim Williams circulated the letter of support for the Public Advocate’s position to their colleagues in order to ensure that the utility ratepayers in Delaware are sharing in the generous corporate tax cuts resulting from the recently signed federal tax cuts.
The letter reads: “We, the undersigned legislators, wish to express our full and unconditional support for Public Advocate Drew Slater’s petition to the Public Service Commission listed as Docket No. 17-1240.”
“The reasoning expressed by the Public Advocate’s office in this matter is impeccably accurate and on point and succinctly describes the avenues already available for utility companies to recover a more than fair ‘Return on Equity’ (ROE) through existing regulatory processes. I hope the Commission will grant the Public Advocates petition in its entirety. This is the only fair and equitable method to ensure that ratepayers are able to recover ‘their’ investments.”
Members of the public can also support the petition by leaving a comment through the Public Service Commission’s website.
Contact: Rep. John Kowalko
Letter signed by the twenty-six members of the Delaware General Assembly:Support Letter for DPA Rate Petition