BLACK HILLS ENERGY WYOMING ELECTRIC CUSTOMERS WILL SEE $2.3 MILLION BENEFIT OF LOWER CORPORATE TAX RATE
Monday, July 27, 2020
RAPID CITY, S.D. – July 27, 2020 — Wyoming electric customers located in the Northeast region (Upton, Osage, Newcastle and Colony) served by Black Hills Energy will see the benefits of the federal corporate income tax rate reduction from 35% to 21%. Black Hills Energy received final approval from the Wyoming Public Service Commission allowing the company to pass on to customers the benefits of the lower corporate tax rate. Customers will begin seeing these benefits on their August bills via a onetime credit for 2018, 2019 and 2020 with ongoing benefits in 2021 and beyond.
Read the complete press release here.